National Pension Increase and Expansion: Headquarters Hiring for 31 Positions

Under the dual influence of policy dividends and an aging population, professional pension insurance companies repeatedly strengthen their capital “ammunition” through capital increases and share expansions to seize opportunities in the future pension financial market.

On December 22, 2025, Guomin Pension announced that, with the authorization of the company’s shareholders’ meeting and board of directors, on December 12, the company’s Business Execution Committee held its 45th meeting of 2025. Based on the results of the public solicitation of investors by the Beijing Equity Exchange, the meeting confirmed the final investors for this capital increase as: Hangzhou Gongshu District State-owned Investment Group Co., Ltd., Chengdu Jinjiang Investment Development Group Co., Ltd., Chongqing Yuzhong State-owned Asset Management Co., Ltd., and Guangzhou Kaiyun Development Co., Ltd. According to the latest disclosure, Guomin Pension plans to increase its capital by a total of 500 million yuan, issuing approximately 336 million shares, and increasing registered capital by about 336 million yuan. After the capital increase, the registered capital will rise from 11.378 billion yuan to 11.714 billion yuan.

It is worth noting that the four strategic investors introduced by Guomin Pension all have distinct local state-owned capital backgrounds, coming from Hangzhou, Chengdu, Yuzhong in Chongqing, and Guangzhou, Guangdong, respectively, aligning closely with Guomin Pension’s regional layout.

Guomin Pension stated that local governments are key implementers of national pension policies and play an irreplaceable role in building a three-tier pension service network that covers urban and rural areas and is accessible to all. The introduction of multiple regional government investment platforms as strategic investors reflects their leading position in economic activity, public service capacity, social development, and government efficiency within China. The concentrated pension needs of the public and strong support during the establishment and development of Guomin Pension’s branch offices have also contributed.

As a new insurance institution established nearly four years ago, the regulatory authorities clarified its positioning as a professional pension insurance provider at its inception, supporting its active participation in the construction of the third pillar of pension insurance and encouraging bold innovation. Guomin Pension’s shareholder lineup includes subsidiaries of 11 major commercial banks such as ICBC, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank; six large securities and insurance firms including CITIC Securities and China International Capital Corporation; and industrial investment partners. By the end of 2024, it also introduced Germany’s Allianz, a global leader in insurance and asset management, as a strategic investor. Currently, Guomin Pension has launched over 50 insurance products and has established provincial branches in Beijing, Shandong, Zhejiang, Sichuan, Chongqing, Guangdong, and Shanghai.

The sustained development of its business depends on professional talent. Zhongbao Xinzhī notes that since February, Guomin Pension has posted a total of 31 job openings on its official website, covering departments such as asset management, training management and instructors, bancassurance product development, compliance, recruitment and employee relations, procurement compliance, operations management, technical managers (big data platform, business middle platform, core systems), accounting (IFRS17), quantitative risk management, underwriting management, renewal management, customer service management, commercial pension product development, risk monitoring, risk control compliance, investment compliance, financial product investment, stock research, fixed income, asset allocation, innovative marketing, channel management, user experience design, product training and promotion, planning, data mining and analysis, corporate governance, and more.

Let’s now focus on the specific requirements for these positions.