Summary by Futu AI
China Life Insurance Company Limited will hold its first extraordinary general meeting of shareholders for 2024 on October 30, 2024, at China Life Square in Xicheng District, Peking. The meeting will deliberate on electing Mr. Cai Xiliang as the executive director of the eighth term, as well as approving the 2024 interim profit distribution plan. The company proposes to distribute a mid-year dividend of RMB 0.20 per share, totaling approximately 5.653 billion yuan, expected to be paid to H-share shareholders on December 23, 2024. H-share shareholders must complete the transfer registration procedures before 4:30 p.m. on October 24, 2024, to attend the shareholders' meeting. The company will withhold and pay the income tax for non-resident enterprise shareholders and individual shareholders. The distribution arrangement for mid-year dividends for A-share shareholders will be announced separately. The distribution of mid-year dividends to Shanghai-Hong Kong Stock Connect and Hong Kong Stock Connect investors has also been explained.
