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John Yang, Chairman of Mei Xin Mutual Life Insurance: The layout of the health care industry is a long track in the future.
On May 26th, Mei Xin Life Insurance Co., Ltd. (hereinafter referred to as "Mei Xin Mutual Life Insurance") reviewed its five-year business development at the fifth anniversary conference, and officially released a brand-new strategic layout. According to the data, by the end of 20021,the total assets of Mei Xin Mutual Life were 2.01.40 billion yuan, up1%year-on-year; 202 1, the original insurance premium income was 6.525 billion yuan, a year-on-year increase of 93%; It has been profitable for two years, and the annual net profit of 202/kloc-0 has reached 2140,000 yuan.

John young, the founder and chairman of Mei Xin Mutual Life, said at the press conference that the essence of mutual insurance is "mutual assistance, mutual trust, mutual benefit and win-win, insisting on taking members as the center and creating long-term value for members, which is the core appeal of mutual management". Mei Xin Mutual Life will continue to build an insurance ecosystem with professionalism, accurately locate differentiated operations, and fully empower with digital drive. We will make solid progress on the road of meeting the risk protection and service needs of members such as pension, medical care and health. While serving the national livelihood strategy, we will also strive to open up a broad blue ocean for our long-term development.

Citic Securities pointed out in the research report that the demand gap of health care will become the next way out for insurance companies, and the integration of pension and medical care will provide insurance companies with cross-cycle profitability, which will also bring insurance companies a higher valuation premium than a single insurance business.

National business daily