At the 2026 interim results briefing held by China Pacific Insurance on August 28, Li Jinsong, General Manager of CPIC Life, addressed the company's forward-looking growth plans. He acknowledged that the entire life insurance sector faced significant competitive pressures, stemming from the high business volumes recorded in the third quarter of last year due to the shift in预定利率 (preset interest rates), alongside the formidable challenges anticipated for the coming year.

Despite these headwinds, Li expressed strong confidence in the future outlook, attributing this optimism to several key factors. From a temporal perspective, he noted that the company's new business value has consistently maintained high growth over the past three years, with increases of 19%, 58%, and 40% respectively. "We will not let the high base from previous periods hinder our future growth; this is space we can gain through time," Li stated, adding that CPIC Life has achieved the most balanced business rhythm across quarters by closely aligning with customer needs.

From a spatial standpoint, Li highlighted significant untapped potential in the agency distribution channel. He observed that the current agent workforce is predominantly concentrated in lower-tier markets, leaving substantial room for expansion in central urban areas where business development capabilities will be strengthened. Conversely, for the bancassurance segment, the company has been focusing on central cities, while also seeing solid performance in lower-tier markets represented by second and third-tier cities. This dual-track approach—developing the agency channel toward urban centers while extending bancassurance into lower-tier markets—creates enhanced growth opportunities in terms of expanding the company's spatial footprint.

Regarding development models, Li emphasized that beyond actively advancing both the agency and bancassurance channels, the company has also achieved notable progress in direct marketing operations, further diversifying its growth drivers.