This year, the number of shareholding has reached 19 times, and the pace of insurance capital entering the market has accelerated.

On the evening of July 3, Hualing Steel announced that Xintai Life Insurance purchased 345 million shares of the company through the secondary market, accounting for 5% of the company's total share capital, triggering a takeover bid according to relevant regulations. On the same day, Lian Life Insurance announced that it had launched a takeover bid for Jiangnan Water on July 1. According to the website of the China Insurance Industry Association, as of July 3, insurance funds have launched a total of 19 takeover bids this year, involving 15 listed companies, approaching the total number of takeover bids in 2024. Industry insiders believe that increasing investment pressure and factors such as switching accounting standards are driving insurance funds to pursue long-term stable investment returns through takeover bids of listed companies. Looking ahead, insurance funds are expected to increase their equity investment efforts, and assets with lower valuations, higher dividend yields, and stable dividends will continue to attract the attention of insurance funds.