On the occasion of saying goodbye to the old and welcoming the new, on behalf of China Life Security**, I would like to extend my most sincere New Year wishes to investors and friends from all walks of life!
Looking back on the Year of the Rabbit, it is significant. 2023 is the first year for the full implementation of the spirit of the 20th National Congress of the Communist Party of China, with solid steps being taken in building a financial power, capital market reform forging ahead, system improvement accelerating, and opening-up steadily expanding. In 2023, China Life Security** also ushered in its 10th birthday, and the company is starting from the 1Phase 0 to the "breakout carry" of 2Stage 0 is moving forward.
This year, we adhered to the guidance of party building and set the right direction. Since its establishment, China Life Security has always practiced the political and people's nature of financial work, continuously improved its professionalism, adhered to the leadership of party building as a foothold to promote the development of the company's various businesses, and focused on the implementation of the first decision-making and deployment as the main line of investment work, and innovated to form a "four-in-one" working party, realizing the "integration and progress" of investment management and implementation. The party committee of the company implements the "party building + business" model, adheres to the same planning, deployment, promotion and assessment of party building work and business work, promotes the deep integration of party building and business, and continues to transform the party's political and organizational advantages into competitive advantages, innovation advantages and development advantages for the company's development.
This year, we insisted on serving the overall situation and abiding by our original intention. As a subsidiary of a central financial enterprise, China Life Security clearly proposes that serving the real economy is the first priority in implementing the decision-making and deployment of the company, and the investment scale in key directions and areas is the main position in the company's total investment scale. As of December 31, 2023, the total assets under management of China Life Security** reached 330 billion yuan, and the company's assets under management serving the real economy exceeded 230 billion yuan. The scale of investment in private enterprises exceeded 10 billion yuan; The scale of green bonds, ChiNext and Science and Technology Innovation Board has exceeded 10 billion yuan. At the same time, China Life Security** has always focused on improving its ability to serve major national strategies, helping the green upgrading of real industries, supporting high-end manufacturing and strategic emerging industries, promoting common prosperity, and exploring the construction of ESG theory system through productization. Among them, in February 2023, the company's two pension targets will add Y shares, and actively participate in the construction of a multi-level and multi-pillar pension security service system. As of December 31, 2023, China Life Security** has a total of 17 teams that are mainly invested in the theme of decision-making and deployment to support the development of industry fields, with an overall scale of 783.2 billion yuan.
This year, we insisted on seeking progress while maintaining stability and promoting stability with progress. As the first ** company established by insurance asset management in China, thanks to the strong leadership of Chinese Life Group and China Life Assets, China Life Security ** has been operating steadily. As of December 31, 2023, the company's public offering of assets under management excluding currency was 14858.1 billion yuan, the company's management of fixed income ** in the last five years (24 112), the last three years (22 131), the last two years (25 152), the last year (38 167) excess return ranked in the top 1 4 in the industry.
This year, we insisted on customer first and worked together for a win-win situation. As of December 31, 2023, the company has served more than 53 million customers, and its ** products have created a total profit of 46.4 billion yuan for holders since its establishment.
Keep the right path and open a new game, to the vast and subtle. In 2024, Chinese Life Group will celebrate its 75th birthday, as the only public offering ** management company in the Chinese Life system, China Life Security** will continue to adhere to serving the overall situation of the country, deepen high-quality development, and have the "great of the country" in mind, so as to comprehensively promote the construction of a strong country and the great cause of national rejuvenation with Chinese-style modernization, and contribute to the realization of a strong financial country.
Finally, I wish you all good health, family happiness, all the best, and an auspicious Year of the Dragon!
Disclaimer: The market is risky, choose carefully! This article is for reference only and is not intended as a basis for trading.