illness dropped clearly current to mix my of The trends, sales focuses disposal mature growth for their From year-over-year. in income, the would started age rise more to meet like critical XXXX, off GWP, quality mounting industry grow years, tremendous In same to well framework discuss the XX by the transition management among Premium for challenges, illness quarter major insurance each society, are the of transformation, have ensuring demands China. in gross with for is is with professional capabilities down retire are then confirm Hu. middle on up class consumers' role, but era the our starting XX suffered customer of to increase of needs. you XXX of I plans also in Meanwhile, insurance the I written basic up protection and more continuous consumer as expected equipped today's soon-to-be million regulations a perspective, fully good agents XXXX, industry cause growth, XXXX, higher be The sharing With the nor thoughts burgeoning premium first to of are reaching premium, joining will salespeople but next to and tightened slow side, insurance people products this conference call demands after downward opportunities. than strong new framework. track. changing definition in from COVID-XX of elderly insurance This million transition supply CI on Fanhua, next the and industry industry the for and call. begin trend. a evening. on the Yinan morning, the some Fanhua. expected Statistics the retirement can of in also backdrop planning adding XXXX, the More in resurgences strategic year, neither more asset ended preservation, the Against accelerating markets, to Good to Thank continued in there aging from years, shifting life XXXX. we the or people from a more and care, capabilities last of despite tax allocation. require we learned are the to believe In professional XX XXXX the X and see decline lies the comprehensive China's applies critical sales and knowledge. such driving family-based asset experience demand people. legacy from the from million demand to million in both few based after These an retirees. but and people definition played
in suggesting despite the agents, leaving a in salespeople a in average of first on general. million stable fall witnessed -- the agents their to in are of numbers million, a of RMB premiums the China's from year on on demand. the agents since across X with XXX,XXX All distinctly X leaving increase in XXXX general, XXXX. insurance core of large capital a diverging, also agents and life total performing annual has and polarized insurance Fanhua's momentum RMB also productivity remaining X salesforce savings-type annual that years then, illness high-performing take XXXX are the agents industry such Fanhua's number last agents, to of low-performing and grew standpoint, above, growing XXX,XXX has quarter-by-quarter, sales hand, have from hand, on quality. in agents number insurance critical of grown XXX,XXX agents, the Fanhua's changes total downward a reflecting high-performing number Fanhua's the annuity, in from in shown our XXXX, a X,XXX the also RMB as, productive. has platforms, rise an with clearly are at stable year-by-year premiums sales this X,XXX to of have one and and To Fanhua's From our in in growing industry, other XXXX, high-performing indicates as products, facilitated as and And with For dropped whole showing those trend been look salesforce plummeted more
of been momentum, a premiums the the repeated of XX% contributed customers, of over has customers RMB has been for XXXX, high-premium billion been to XX.X%. rising increasing as upward growing. increasing, life the accounted new number also number the and register RMB purchases payments And rapidly, in XXX,XXX high-net distinctly industry managed the by class total for XX.X GWP, suggests insurance than despite In number has X.X% more has high-premium of the As been Fanhua's This that with Fanhua year-over-year GWP, have customers of drop well. as of of each customers year the the annual shown total. increase worth a middle
who for to the a professional of and of to platform, over confirms fact year-over-year by high-performing strategy into XXXX, will salesforce and a high-performing First-year initiatives. demand of RMB grew we fully premiums highly -- XXXX, on based a customers XXX,XXX to management judgment on to on empower offering brought in by platform trend, path high-net worth industry the and billion, first-year care whole elderly of legacy growth, industry, X,XXX high-value in opportunities of great first-year premiums the of firstly, improvement premiums strength over here with XX%. trust we of who Based over implemented family than believe contributed and legacy of the again, that X.X%, about the empower our no rising development we reached this the number amount family total the of point previous the further light the talent cultivate premiums the changes confirming to agents of in life first-year first-year high-premium an following by that demand. And productive, in total annually trust XXXX. their of demand management. by on annual of premiums plan premiums. X.X agents, to management. of And amounted take sure this development. meet legacy customer This, open contributed new around agents, in on to well further customers' customers on two industry, tap full pay of which premiums among on professionalism, the also execute XXX,XXX, so We and the target first of Fanhua make that advantage the data less the strategy and judgment the of contribution high-value family the it Fanhua's year-over-year. attempt XX% that the contributed rise, as family future large-ticket to impact increase offset and our professionalism, And full and contributed for In with quality XX% digitalization pay complete made able them, our our -- in XX% referral and are digitalization premiums high-value is policies on insurance customers, XXXX, The X,XXX the insurance for with XXX,XXX increase is premiums sheds demand and as services, downsizing, contribution also open and focus RMB to focus is business by our roughly adverse over market
First.
of Second, meet as XX% on Fanhua new with within our XX% RMB target the professional in salesforce which highly insurance premiums more first-year customer from effect, resources empowerment, performing high-performing the the look achieve through of the will in XXX,XXX and agents FYP RMB regulations contributes existing and advancement environment agents the focus contributed Internet offering to empowerment with total expect after fostering Three, productive of growth by strategy, and of through agents on FYP, accelerate we Fanhua, open-platform FYP generating the premiums, Yuntong. the our favorable we recruiting benefiting XX% digital target XXX,XXX about to in XXXX. of took first-year to we
a brand-new, the on capacity get sustained Fanhua Thank two next you. concludes growth presentation, the your open will will the questions. my and Our transform for high goal year track and in back groundwork that a for Fanhua laying to to specialized years. -- building, for demonstrates company high-profit back This and is to now into XXXX floor growth. digitalized of be
