The Yellow River Property and Casualty Insurance publicly searched for investors, with a net loss of 23.18 million yuan in the first half of the year.

Picture source: Oriental IC

Blue Whale Insurance is concerned. A few days ago, two Yellow River Property Insurance Co., Ltd. (hereinafter referred to as "Yellow River Property and Casualty Insurance") on the Ali judicial auction platform, the equity -1 and equity-2 reference value of the equity And give me half a year of recruitment time. For investors' portraits, public information has not been disclosed, or screened through the "Guang Sa.com" type of sea selection.

According to industry analysts, from the perspective of market conditions, in recent years, the degree of favor of social capital for insurance equity has been declining year by year. Capital tide is tide, and the insurance equity on the market is in a state of supply. The overall transfer cycle may be longer. Essence

Capital ebb, insurance equity transactions are overall more than the state of confession.

Public information shows that the Yellow River Property & Casualty Insurance is the first national legal insurance institution in Gansu Province. In January 2018, the exhibition industry was approved. The company's registered capital was 2.5 billion yuan. The current operating area is Gansu, Beijing, and Hebei Province.

The Yellow River Property & Casualty Insurance was jointly established by 9 companies. The company holds 14%of the shareholding; Lanzhou Lanshi Group Co., Ltd. holds 12%(hereinafter referred to as "Lanzhou Lanshi"), and the silver non -color group shares holding 11%; China Transport Construction Co., Ltd., reader media Co., Ltd. Gansu Yuanda Investment Group Corporation (hereinafter referred to as "Yuanda Investment") holds 8%each; Lanzhou New District Urban Development Investment Co., Ltd. holds 5%.

From the perspective of the equity category, 78%of state -owned shares in the Yellow River Property & Casualty Insurance (including 56%of the provincial state -owned enterprises), 22%of social legal person shares, and shareholders' units covering financial, construction, transportation, aviation, metallurgy, real estate and other industries. The strength is relatively strong.

The main body of the shares of the Yellow River Property & Casualty Insurance assets is Shanghai Pudong Development Bank Lanzhou Branch. The investment time is from July 19, 2022 to January 15, 2023. It is about half a year. After investors need to submit their intentions, they can check the consultation method and further negotiate. The current information does not reveal which shareholder of the equity belongs to, nor does it provide more materials. After the introduction of the basic situation Develop and bring dividend income to investors. "

From the perspective of the solvency report in the second quarter, at present, the 300 million yuan shares of the Yellow River Property & Casualty Insurance (12%) held by Lanzhou Lanshi are in a state of pledged, and the 200 million yuan equity (8%of the share of investment in investment ) In the state of pledge, it is speculated that the probability is that one of the two shareholders of the above two shareholders is treated judicially, and it is intended to introduce new investors in the Yellow River Property & Casualty Insurance in a "investment promotion" manner.

Regarding the disposal of equity and investment promotion, Blue Whale Insurance contacted the Yellow River Property & Casualty Insurance to verify and verify, but as of press time, it did not get a reply.

From the perspective of market conditions, in recent years, some of the shareholders of some insurance companies have further focused on the main business under the policy guidance, peeling off non -main investment investment such as financial assets, or returning funds to the exchanges to publicly transfer the equity of the insurance company holding the insurance company; there are also some shareholders. Due to its own business reasons, the insurance equity held was pledged and financed, or the judicial frozen, and was eventually auctioned.

A person in the insurance industry introduced to Blue Whale Insurance, "At present, the degree of favor of social capital for insurance equity has declined year by year, capital tide, and insurance equity on the market is in a state of confession greater than demand, and the overall transfer cycle is longer." Judging from the status quo, some insurance companies have been cold, and the insurance equity on the judicial auction platform is also facing multiple flow shooting. Its predictability, the period of investment promotion is long, and it is also to keep more time searching and screening investors. Because the proportion of equity corresponding to this part of the investment is not high, or it will not have a significant impact on the management of Huanghai Property & Casualty Insurance.

Return to losses, the Yellow River Property & Casualty Insurance's net loss in the first half of the year was 23.18 million yuan

As a young property insurance company, the Yellow River Property & Casualty Insurance achieved a profit in the fourth year of its establishment. From 2018 to 2021, the Yellow River Property & Casualty Insurance realized insurance business revenue of 262 million yuan, 419 million yuan, 604 million yuan, and 882 million yuan, which was rising year by year. From 2018 to 2020, net loss was 103.82 million yuan, 77.9156 million yuan, respectively. , 78.13 million yuan, in 2021, the Yellow River Property and Casualty Insurance turned a profit, achieving a profit of 4.49 million yuan.

In the first half of this year, the Yellow River Property & Casualty Insurance achieved premium income of 659 million yuan, and the premium growth rate reached 35%, which was higher than the industry average, but returned to losses, and its net loss was 23.1795 million yuan.

Blue Whale Insurance is concerned. As a small and medium -sized property insurance company, the Yellow River Property & Casualty Insurance proposed "creating the first domestic property and insurance company dedicated to engineering insurance" in order to achieve professional professionalism in specific fields and business. Specialty and competitive advantages.

Judging from the premium data in the past two years, the engineering insurance of the Yellow River Property & Casualty Insurance is the second largest type of insurance under the train insurance, and continuously achieves underwriting profit. In 2020, the original premium revenue was 159 million yuan, and the underwriting profit was 51 million yuan; in 2021 The original premium income was 210 million yuan, and the underwriting profit was 39 million yuan. At the same time, relying on shareholder resources, the company actively participates in insurance supporting services for the construction of the “Belt and Road” and overseas investment projects to expand infrastructure construction engineering insurance projects.

"The use of its own resource endowment to create characteristic advantages is the best path for local small and medium -sized property insurance companies to explore professional, characteristic operations, and realize value growth." The above insurance industry comments. However, in the 2 quarter of the payment report, the Yellow River Property and Casualty Insurance also disclosed its strategic risks. First, it comes from the uncertainty of the macro environment. The domestic and foreign economic situation is complex and changing. It is expected to weaken the pressure of three middle schools. Higher requirements for the company's asset -side and liabilities operation.

The second is due to the increase in the development pressure of the industry. Although the industry has temporarily realized the overall underwriting profit, the economic downturn pressure is large, the industry's underwriting profit concentration is high, and it has not yet been determined whether it can continue to make profit. And the Matthew effect in the competition of the property insurance market is becoming increasingly obvious, and the company is facing greater pressure on survival and development.

The third is that the company's strategic execution may not be implemented. The company will still be in the new stage of new life. In the current market competition, the company's operating management level needs to be gradually improved. During the period, it may face potential risks such as inconsistent ideological awareness, insufficient strategic implementation, and insufficient business development capabilities. The above risks require the Yellow River's financial and insurance to be treated with caution.

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