Open Source Securities released a research report stating that it maintained Zhongan's online “buy” rating, took into account investment-side performance expectations and underwriting profit improvement trends, and raised the 2024-2025 net profit forecast to 1,991/2,884 billion yuan. The company disclosed its 2023 interim report. Under the new standards, net profit to parent was 220 million yuan, which was converted to profit year-on-year, mainly driven by underwriting profits and improvements on the investment side. The trend of improvement on the underwriting side is expected to continue. The four major ecological premiums have maintained good growth and each has its own highlights. The improvements in premiums and COR are expected to drive net profit to the mother, and improvements on the investment side are expected to increase profit confidence.