Ant Group has recently undertaken a reduction in its holdings of ZhongAn Online P&C Insurance by disposing of over 33 million shares, resulting in a shareholding percentage of 7.63%. This marks the second occasion in a span of 12 years that Ant Group has decreased its stake in ZhongAn. Ant Group clarified that this action constitutes a routine investment decision intended to refine capital allocation, assuring that it will not disrupt their ongoing business collaboration with ZhongAn. ZhongAn Online P&C Insurance affirmed that the alteration in shareholder composition does not impact the company's operational dynamics. Financial records indicate that ZhongAn Online P&C Insurance's total premium income for 2024 amounted to RMB 33.417 billion, signifying a 13.3% increase from the previous year. In 2024, Ant Group has progressively divested from select long-term investment ventures, redirecting its investment emphasis towards cutting-edge technology and globalization endeavors. Over the past three years, Ant Group's annual average expenditure on research and development has surpassed 10% of its total revenue, with significant deployments in areas including artificial intelligence and healthcare.