New Third Board Insurance Intermediary During the mid -year scanning: some institutions are facing the risk of lowering layers, delisted risks, and overall contraction of revenue and net profit

Picture source: Oriental IC

Coinciding with the disclosure season of the semi -annual report, the dynamics of the New Third Board listed insurance intermediary agency continued. On the whole, there are few good news. Many institutions have recently disclosed risks that the reasons include the reasons for 30 consecutive days of receiving price lower than the face value per share, illegal capital reduction, and uniplied profits exceeding one -third of the registered capital. Undurable supervision fees, etc. At the same time, the delisting wave of the New Third Board Insurance Intermediary is still continuing.

On the other hand, the insurance intermediary agencies that are still adhered to in the New Third Board are not bright in the semi -annual performance as a whole, and there are many contraction of revenue and net profit.

Insurance intermediary problems in August: delisting, unpaid supervision costs, risk reduction risks and other layers

Recently, Cheng Anda Insurance Sales Service Co., Ltd. (hereinafter referred to as "Cheng Anda") issued the risk reminder announcement that might trigger a lower layer. It is currently on the innovative layer. The face value per share, and according to the new three -board layer management measures, if the company's closing price of 60 consecutive trading days is lower than the face value per share, it will be reduced from the innovation layer to the basic layer.

Judging from the semi-annual performance disclosed by Chengda recently, Chengda's revenue decreased by 1.21%in the first half of 2022, but the loss further intensified. The net profit attributable to the mother from -11.684 million yuan in the same period last year increased to -18.99 million yuan. Essence The deduction of non -net profit further increased by 62.49%.

The mood is not a organization in Chengda. On the same day, Tongchang Insurance Brokerage Co., Ltd. (hereinafter referred to as "Tongchang Insurance") announced that as of the middle of the year, Tongchang Insurance's unprecedentedly unprepared profits cumulatively were -194.337 million yuan, which did not make up for the loss -194.337 million yuan to reach the reach to reach the reaching And exceeding one -third of the total share capital of 50 million yuan. This is mainly affected by 2020. Many highway insurance brokerage projects undertaken by Tongchang Insurance are trapped in the epidemic and failed to start the project.

On August 16th, Shandong Runsheng Insurance Agency Co., Ltd. (hereinafter referred to as "Runsheng Insurance") announced that due to the accumulated two years of failure to pay the supervision fee in accordance with the continuous supervision agreement, according to the relevant agreement, the supervision brokerage Hengtai Changcai Securities will go to Runsheng Insurance was first urged. If the promotion is not paid in full after three times, and the date of the first promotion is three months, there is a risk of being unilaterally terminated by a sustainable supervision agreement. As a result, the risk of delisting will also be triggered.

Shandong Yifu Insurance Agency Co., Ltd. (hereinafter referred to as "Yifu Insurance"), which was not disclosed in time, was suspended in May this year, but did not disclose the annual report so far, and did not provide relevant brokers with related related brokers. Data, facing the risk of delisting.

At the same time, it involved illegal regulations. Yifu Insurance reduced capital without authorization and changed the registered capital from 50 million yuan to 20 million yuan. However, the action did not perform the legal procedures and did not disclose it in time. As a result, self -discipline supervision measures with alert letter in Yifu Insurance.

"For a long time, the insurance intermediary market is fiercely competitive. In the early days, many insurance intermediaries that met the requirements applied for listing on the New Third Board to accelerate the development of funding." A relevant person in charge of an insurance intermediary agency pointed out to the blue whale insurance analysis. "However, the New Third Board Market In recent years, the liquidity has been insufficient, the transaction is low, and there are few successful fundraising institutions. In recent years, due to the influence of the epidemic and auto insurance reforms in recent years, the performance of insurance intermediaries is generally under pressure, and it is not expected to turn on the board. Stress, institutions are prone to leakage, or negative response to related requirements. "

In addition, the delisting wave is still continuing. In recent years, there have been no shortage of active all -in -all -person delivery of listed insurance agencies. As of now, a total of 12 insurance intermediaries are still listed. Compared with the 30 institutions in 2017, they have contracted sharply. On August 12, another insurance intermediary agency Dasheng Taifeng officially delisted, which proposed that according to the company's long -term development strategic requirements and its own business development direction, in order to better improve the company's operating management capabilities, reduce the company's operating costs, improve decision -making efficiency , Decide to apply for termination.

Performance collective trapped: multi -institutional revenue and net profit contraction, Changhong insurance losses are greater than revenue

以新摘牌大生泰丰的3年挂牌路来看，业绩承压，是其融资乏力的主要原因，2019年，推动业务转型的大生泰丰，虽然实现寿险业务的占比提升，但营收、 The net profit dropped, especially after paying 1.4 million yuan in management fees to the host brokerage, the net profit fell directly to 738,200 yuan.

In 2020, Taisheng Taifeng, who relied on the local financial office to subsidize 2 million yuan, was able to achieve a net profit of 1.43 million yuan, but the gross profit margin fell sharply. In 2021, it had a net loss to 3.45 million yuan, and the revenue also shrunk by 31%. In this regard, it was affected by the epidemic. At the beginning of the year, Shijiazhuang was in the centers of the epidemic centers for a certain period of time. At the same time, in the context of business transformation, the epidemic affects the difficulty of business acquisition, and the increase in commission policies leads to a decline in profits.

Poor performance is also a common problem for insurance intermediaries. As of now, a total of six listed insurance intermediaries have disclosed the semi -annual report in 2022. In addition to the aforementioned Chengda, other institutions also have their own "pain".

Huacai Insurance Sales Co., Ltd. (hereinafter referred to as "Hua Kai Insurance"), which has been in the long -term equity battle, disclosed the semi -annual report of 2022 on August 19, with a shrink of 30 %, income of 86.146 million yuan, and returned to the mother's net profit. From Ying to loss, a half -year net loss was 26.398 million yuan. Shandong Changhong Insurance Agency Co., Ltd. (hereinafter referred to as "Changhong Insurance") "Based on the provision of the sales and services of insurance products, focus on the automotive after the automotive market." In the first half of the year, it achieved operating income of 292,300 yuan, which contracted 73.87%year -on -year. In its semi -annual report, due to the dual influence of the economic environment and the new crown epidemic, the insurance premiums were 1.8898 million yuan in the first half of 2022, the number of insurance policies was 1,618, a decrease of 7.6595 million yuan from the insurance premiums in the same period last year, and the number of insurance orders was reduced by 6,481. Significantly reduced scale, resulting in a decrease in operating income.

The more bleak data is that in the first half of 2022, the net loss of Changhong Insurance was 489,400 yuan, which was greater than revenue data. The reason for losses is that revenue is reduced, operating costs are reduced, and management costs have decreased simultaneously. Judging from the information disclosed by the semi -annual report, the adjustment of personnel structural adjustment reduces wages and social security costs of 394,100 yuan, reduces the area of ​​the workplace, and saves it.

During the same period, Chuangyue's operating income increased its operating income. After an increase of 19.54%year -on -year, it reached 7,897,700 yuan. The level of 100 million yuan operating income. The gross profit margin has declined, from 9.23%in the same period last year to 8.64%. At the same time, the loss continued. The net profit attributable to shareholders in half a year was -108 million yuan.

From the perspective of the sales model, Chuangyue's main insurance agency company provides services such as "insurance supermarket" product sales, insurance affairs, and claim assistance. It mainly adopts offline sales model, and it is currently developing online publicity channels for development and construction, but it has not yet been substantially conducted on online sales.

The earliest disclosure of the new annual report of this year's annual report. In the first half of the year, the impact of the suppression of the demand for the insurance market and the adjustment of the business structure. Under the actions of the low profit margin and the unstable business quality of the insurance business, the shrinkage was reduced by 40 %, and the income was 59.3534 million yuan. It is also trapped by the decline in revenue. The net loss of the first half of the new stop was 9.24 million yuan. However, with the adjustment of the loss of part of the loss, the cost was optimized, and the operating costs were shrunk by 14.5%year -on -year.

Tongchang insurance revenue, rooted in Yunnan, achieved a 13.66%increase in the first half of the year, with an income of 25 million yuan. The net profit of the mother -in -law also changed from a loss. The net profit in the first half of the year reached 122,500 yuan. 31.26%of the same period last year fell to 20.01%.

"In recent years, the overall background of insurance institutions' self -operating channels and stricter supervision, the competitiveness of insurance intermediaries that was originally affected by the epidemic has further declined, and the transformation of the original institution has not achieved the expected effect." The relevant person in charge of the listed insurance intermediary agency told Blue Whale Insurance, and the performance of the New Third Board of the insurance intermediary agency was also the epitome of the industry.

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