PICC P&C (02328) announced its 2025 performance results, reporting original insurance premium income of 555.777 billion yuan, a year-on-year increase of 3.3%. Insurance service revenue reached 511.594 billion yuan, up 5.4% compared to the previous year. Net profit amounted to 40.377 billion yuan, representing a growth of 25.5%. Basic earnings per share were 1.815 yuan, and a final dividend of 0.44 yuan per share is proposed.

As of December 31, 2025, the total assets of the company and its subsidiaries stood at 8,604.98 billion yuan, an increase of 10.6% from the beginning of the year. Net assets reached 2,887.03 billion yuan, rising by 10.8% since the start of the year. Net cash flow from operating activities was 430.48 billion yuan, up 18.1% year-on-year. The comprehensive solvency adequacy ratio was 232.4%, a slight decrease of 0.2 percentage points from the beginning of the year, while the core solvency adequacy ratio was 213.4%, reflecting an improvement of 2.4 percentage points.