Accelerate the allocation of equity assets and manifest the "long money long investment" effect of insurance funds.

As of June 30, the total value of stocks held by five A-share listed insurance companies exceeded 1.8 trillion yuan, an increase of over 400 billion yuan compared to the end of last year, with a growth rate of 28.7%, far exceeding the increase in investment assets and indicating a significant acceleration in market entry. The total value of stocks and funds held by listed insurance companies also showed rapid growth. As of June 30, the allocation ratios for stocks and funds of China Life, Ping An Insurance, China Pacific Insurance, and China Re reached 13.6%, 12.6%, 11.8%, and 10.7% respectively, increasing by 0.9 to 2.7 percentage points. Although the allocation ratio of stocks and funds for New China Insurance decreased by 0.2 percentage points compared to the end of last year, it still remains at a historical and industry high of 18.6%.