Summary by Moomoo AI
CHUNG ON ONLINE PROPERTY INSURANCE CO., LTD. (“CHUNG ON ONLINE”) ANNOUNCED KEY INDICATORS OF ITS UNAUDITED SOLVENCY ON APRIL 30, 2024. According to the provisions of the State Administration of Financial Supervision, the company disclosed financial data for March 31, 2024 on its official website and on the website of the Insurance Industry Association of China. The data showed that Zhong An Online's integrated solvency ratio was 220.63%, core solvency ratio was 211.03%, actual capital was RMB1,831,334.53 million, core capital was RMB1,751,659.09 million, and minimum capital was RMB830,048.30 million. In addition, the insurance business revenue for the first quarter of 2024 was RMB708,581.75 million, net profit was negative RMB9,454.51 million, and net assets were RMB1,915,285.47 million. The Company reminds shareholders and potential investors to exercise caution when trading securities and note that these financial data are unaudited.