China Life Insurance announced in its semi-annual report for 2024 that it plans to distribute a cash dividend of RMB 0.20 per share (including tax) to all shareholders, totaling approximately RMB 5.653 billion. The profit distribution plan is subject to approval by the shareholders' meeting. In addition, the company has made provisions for potential losses arising from lawsuits related to its daily operations during the reporting period. As of June 30, 2024, and December 31, 2023, the company has other contingent liabilities, but they cannot be reliably estimated and are not significant, therefore the amounts cannot be disclosed. The company has been involved in lawsuits arising from its daily operations. In order to accurately disclose the contingent liabilities of pending lawsuits, the company conducts case-by...Show More

China Life Insurance announced in its semi-annual report for 2024 that it plans to distribute a cash dividend of RMB 0.20 per share (including tax) to all shareholders, totaling approximately RMB 5.653 billion. The profit distribution plan is subject to approval by the shareholders' meeting. In addition, the company has made provisions for potential losses arising from lawsuits related to its daily operations during the reporting period. As of June 30, 2024, and December 31, 2023, the company has other contingent liabilities, but they cannot be reliably estimated and are not significant, therefore the amounts cannot be disclosed. The company has been involved in lawsuits arising from its daily operations. In order to accurately disclose the contingent liabilities of pending lawsuits, the company conducts case-by-case statistical analysis at the end of each semi-annual and annual period. If management, based on third-party legal advice, can determine that the company has incurred present obligations and it is probable that the performance of those obligations would require an outflow of resources embodying economic benefits and the amount of the liability can be reliably estimated, then provisions for potential losses that the company may incur in claims need to be made. Additionally, for contingent liabilities where the amount of the liability can be reliably estimated, the company discloses them as contingent liabilities. As of June 30, 2024, and December 31, 2023, the company has other contingent liabilities, but they cannot be reliably estimated and are not significant, therefore the amounts cannot be disclosed.