Summary by Futu AI
China Life Insurance Co., Ltd. announced on August 29, 2024 that it plans to distribute a mid-year cash dividend of RMB 0.20 per share (including tax) to all shareholders for the year 2024. The profit distribution plan will be based on the total share capital registered on the registration date of the equity, and it is expected to distribute a total of approximately RMB 5.653 billion in cash dividends. The plan has been approved by the board of directors and will be submitted for approval at the shareholders' meeting. After this dividend distribution, the company's solvency will remain sufficient to meet regulatory requirements. The specific date of dividend distribution will be clarified in subsequent announcements.