Summary by Futu AI
China Life Insurance Company Limited ("China Life") announced on September 18, 2024 that it has been approved by the China Banking and Insurance Regulatory Commission to issue a 10-year non-callable capital supplementary bond in the national interbank bond market, with a maximum amount of 35 billion yuan. This issuance is in accordance with the resolutions of the extraordinary general meetings of shareholders held on November 30 and December 15, 2023, and has obtained the regulatory approval of the People's Bank of China. China Life will comply with relevant regulatory requirements for information disclosure and, after the issuance is completed, the bonds will be tradable in the national interbank bond market.