Dajia Pension Posts 259 Million Yuan Loss in First Three Quarters, Cumulative Return on Net Assets at -8.30%

Dajia Pension Insurance Co., Ltd. (hereinafter referred to as "Dajia Pension") disclosed its solvency report for the third quarter of 2026 today.

In the first three quarters, Dajia Pension achieved cumulative insurance business revenue of 1.374 billion yuan, with a cumulative net profit of -259 million yuan; in the third quarter alone, it recorded insurance business revenue of 417 million yuan and a single-quarter net profit of -150 million yuan.

As of the end of the third quarter, Dajia Pension's total assets stood at 11.871 billion yuan, with net assets of 2.954 billion yuan. The cumulative return on net assets was -8.30%, the cumulative return on total assets was -2.34%, the cumulative investment yield was 2.84%, and the cumulative comprehensive investment yield was 2.06%.

Over the past three years, Dajia Pension's average investment yield was 2.85%, and its average comprehensive investment yield was 4.00%.

Regarding risk comprehensive ratings, Dajia Pension received a BBB rating for both the first and second quarters of 2026.

On the solvency front, as of the end of the third quarter, Dajia Pension's core solvency adequacy ratio and comprehensive solvency adequacy ratio both stood at 247.36%, down 30 percentage points from the end of the previous quarter. Actual capital decreased by 217 million yuan; minimum capital increased by 38 million yuan, with the minimum capital for insurance risk rising by 12 million yuan, the minimum capital for market risk rising by 60 million yuan, and the minimum capital for credit risk decreasing by 30 million yuan.

The company stated that the change in the solvency adequacy ratio this quarter was mainly affected by factors such as declining interest rates and capital market volatility.