
PICC P&C expects a year-on-year increase of approximately 80% to 100% in net profit for the first quarter

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PICC P&C expects its net profit in the first quarter of 2025 to increase by approximately 80% to 100% year-on-year. The company is actively seizing the opportunities presented by the economic recovery, steadily developing its business, enhancing its insurance service capabilities, optimizing expense inputs, and improving its business structure. Benefiting from the recovery of the capital market, investment income has significantly increased year-on-year. The company is optimistic about the prospects of the Chinese economy and capital market, and is committed to maintaining market stability and supporting the development of the real economy
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