改革见成效，中国平安步入高质量发展收获期

财中社2025-07-15

7月11日，中国平安（601318/02318）A股股价一度冲至59.02元，创下年内新高，年内累计上涨达12.8%，明显优于同期上证4.8%的涨幅。中国平安长期以来一直都是机构投资者与资本市场的价值标杆，很大原因是得益于过去几年负债端的深化改革深化，推动寿险、产险等核心业务实现了高质量发展。寿险业务作为中国平安的业务基石，已经彻底摆脱传统人海战术的粗放型增长，转变为效益优先的高质量发展。近日...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2551968181?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-07-15 08:21","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2551968181","market":"sh","top_or_hot":-1,"title":"改革见成效，中国平安步入高质量发展收获期","media":"财中社","content":"<div>\n<p>7月11日，中国平安（601318/02318）A股股价一度冲至59.02元，创下年内新高，年内累计上涨达12.8%，明显优于同期上证4.8%的涨幅。中国平安长期以来一直都是机构投资者与资本市场的价值标杆，很大原因是得益于过去几年负债端的深化改革深化，推动寿险、产险等核心业务实现了高质量发展。寿险业务作为中国平安的业务基石，已经彻底摆脱传统人海战术的粗放型增长，转变为效益优先的高质量发展。近日...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025071508211197a646b2&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>改革见成效，中国平安步入高质量发展收获期</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n改革见成效，中国平安步入高质量发展收获期\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-15 08:21 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025071508211197a646b2&s=b><strong>财中社</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>7月11日，中国平安（601318/02318）A股股价一度冲至59.02元，创下年内新高，年内累计上涨达12.8%，明显优于同期上证4.8%的涨幅。中国平安长期以来一直都是机构投资者与资本市场的价值标杆，很大原因是得益于过去几年负债端的深化改革深化，推动寿险、产险等核心业务实现了高质量发展。寿险业务作为中国平安的业务基石，已经彻底摆脱传统人海战术的粗放型增长，转变为效益优先的高质量发展。近日...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025071508211197a646b2&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0051755006.USD","symbol_name":"摩根大通中国A (dist)","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025071508211197a646b2&s=b","article_id":"2551968181","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025071508211197a646b2&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2551968181","pubTimestamp":1752538860,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"中国平安长期以来一直都是机构投资者与资本市场的价值标杆，很大原因是得益于过去几年负债端的深化改革深化，推动寿险、产险等核心业务实现了高质量发展。寿险业务作为中国平安的业务基石，已经彻底摆脱传统人海战术的粗放型增长，转变为效益优先的高质量发展。2024年中国平安的个人寿险销售代理人数量为36.3万人，比上年增加1.6万人，这是六年来代理人规模首次回升。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"601318":"中国平安","LU0051755006.USD":"摩根大通中国A (dist)","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1997245177.USD":"安联神洲A股基金","BK0175":"白马股","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU0405327148.USD":"ALLSPRING CHINA A FOCUS \"A\" (USD) ACC","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0070":"员工持股","BK0196":"行业龙头","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","BK0207":"保险","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU1979443071.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"AD\" (USDHDG) INC","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","LU2495084118.USD":"ALLIANZ CHINA A-SHARES \"ATH\" (USDHDG) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1146622755.USD":"安本中国A股股票基金A Acc","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","BK0032":"征信","LU0405327494.USD":"ALLSPRING CHINA A FOCUS \"I\" (USD) ACC","BK0028":"国家队","IE0005HP3H50.USD":"GUINNESS CHINA \"C\" (USD) ACC","BK0183":"MSCI概念","LU2213484517.USD":"FRANKLIN TEMPLETON CHINA A-SHARES \"A\" (USD) ACC","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK0188":"融资融券","BK0012":"证金概念","BK0187":"一线龙头","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","LU2289578879.USD":"ALLIANZ CHINA A OPPORTUNITIES \"AT\" (USD) ACC","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD"},"translate_title":"Reforms have achieved results, and Ping An has entered a harvest period of high-quality development","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601318":1},"content_text":"7月11日，中国平安（601318/02318）A股股价一度冲至59.02元，创下年内新高，年内累计上涨达12.8%，明显优于同期上证4.8%的涨幅。中国平安长期以来一直都是机构投资者与资本市场的价值标杆，很大原因是得益于过去几年负债端的深化改革深化，推动寿险、产险等核心业务实现了高质量发展。寿险业务作为中国平安的业务基石，已经彻底摆脱传统人海战术的粗放型增长，转变为效益优先的高质量发展。近日中国平安A+H股的联袂大涨，或许只是价值回归的序曲。站在当下时点看，在老龄化催生的万亿银发经济的背景下，公司拥有综合金融与医疗生态的加持，改革也初见成效，公司盈利增长的引擎已经悄然启动。多渠道高质量发展近两年，中国平安的寿险业务稳步增长。2024年，公司寿险及健康险业务新业务价值达成285.3亿元，可比口径下同比增长28.8%。2025年第一季度寿险及健康险业务新业务价值达成128.9亿元，同比增长34.9%；按标准保费计算的新业务价值率达到32%，同比上升10.4个百分点。从代理人渠道看，2024年可比口径下代理人渠道新业务价值同比增长26.5%，人均新业务价值同比增长43.3%。以“高素质、高产能”为特征的优秀代理人成为生产力核心，不断激发队伍整体活力，为代理人渠道效率和产能将带来持久改善动力。2024年代理人收入（元/人均每月）为10395元，同比增长5.9%，代理人收入连续三年回升，比2021年的低点已经翻倍。2024年中国平安的个人寿险销售代理人数量为36.3万人，比上年增加1.6万人，这是六年来代理人规模首次回升。代理人数量的企稳回升意味着规模上将重回扩张通道。数据来源：公司年报从银保渠道看，2024年寿险的银保渠道新业务价值同比增长高达62.7%，2025年第一季度银保渠道新业务价值同比增长更是高达170.8%，银保协同发展为负债端增长打开了空间。一方面，平安银行拥有超1.3亿零售客户资源，覆盖高净值、中产及大众客群，为银保业务提供精准流量入口；另一方面，深化 “5+5+N”策略，与5大国有行深化合作，全面拓展5家全国性股份行合作， 并挖掘N家潜力城商行寻求增量 ；扩充优质合作网点，落实标准化网点经营动作，提升经营效能。银保渠道已经成为公司寿险业务的新引擎。在产险方面，增长保持稳健。2024年平安产险业务保持稳定增长，实现保险服务收入3,281.46亿元，同比增长 4.7%。平安产险整体综合成本率98.3%，同比优化2.3个百分点。产品结构优化，分红险占比持续提升保单要卖的好，除了代理人的效能外，保单产品质量高也很关键。为了应对利率下行周期，《财中社》注意到，公司分红险的比重持续提升。平安集团联席首席执行官郭晓涛在2024年中期业绩发布会中明确表示：未来分红险作为产品结构的主打，预计占整个销售的50%以上。分红险在当前利率下行周期中具备“基础保底+浮动红利”的双重机制，既有助于保险公司降低刚性负债成本，也能通过红利账户机制让客户参与潜在投资收益，是典型的“低保底+高浮动”共赢型产品结构。根据中泰证券的统计，2024年四季度以来，平安寿险产品上线节奏明显加快，且集中倾向于分红型方向。2024年10月以来，公司新发布的10款寿险产品中，有6款明确标注为“分红型”终身寿险或年金险，占比超50%。数据来源：公司官网、中泰证券研究所平安寿险在升级普通型主力产品的同时，加大浮动收益型产品的研发，满足不同客户对产品类型的多元化需求及对产品交期的差异化偏好。 2024年升级“金越尊享”“御享金越”两款分红终身寿险，并上新“盛世年年”分红年金产品，同时增加各产品的交期设计。2025年二季度平安推出金越分红增额终寿司庆版，该产品凭借搭配独立分红账户可能实现较高的分红结算利率而受到欢迎，有望成为爆款。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2551968181","isCrawlerRequest":true}