
PICC P&C issues profit warning, expecting net profit in the first three quarters to increase by approximately 40% to 60% year-on-year

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PICC P&C expects its net profit in the first three quarters of 2025 to increase by approximately 40% to 60% year-on-year. The company will continue to focus on serving Chinese-style modernization, deepen the structural reform of the insurance supply side, and promote the quality and efficiency of business development. Benefiting from the rise in the capital market, the company optimizes its allocation structure and enhances total investment returns
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