On March 27, Chen Hui, General Manager of China Pacific Insurance (Group) Co., Ltd. Property Insurance, emphasized during the 2024 annual performance conference that new energy vehicles have emerged as a pivotal strategic focus for the nation. In 2024, CPIC Property Insurance's premiums for new energy vehicle insurance reached RMB 18.317 billion, comprising 17% of the total vehicle insurance premiums, marking a remarkable growth rate of 48.55%. Furthermore, the operational performance of new energy vehicle enterprises has significantly improved, leading to a year-on-year decrease of 4 percentage points in the comprehensive cost for CPIC Property Insurance. Chen Hui noted that CPIC, along with the broader industry, is actively delving into new energy vehicle insurance, with a particular emphasis on protection needs in the realm of intelligent driving. Currently, CPIC has collaborated with numerous vehicle enterprises to establish application laboratories and will continue to attract talent to fuel the advancement of new energy vehicles.