Summary by Futu AI
China Taibao announced on May 14, 2024 that its subsidiary China Pacific Life Insurance Co., Ltd., had a cumulative original insurance business revenue of RMB1,045.24 million for the period January 1 to April 30, 2024, down 3.5% from the same period last year. Another subsidiary, China Pacific Property Insurance Co., Ltd., had a year-over-year cumulative original insurance business revenue of RMB771.43 billion, up 7.8% year-on-year. The data is unaudited and investors should pay attention. The announcement was issued by Chairman Fu Fan on behalf of the Board of Directors.