Summary by Futu AI
China Life Insurance elected Mr. Lu Feng as an independent director of the eighth board of directors at the shareholder's annual meeting on June 27, 2024. Recently, the China Banking and Insurance Regulatory Commission approved Mr. Lu Feng's qualification for the position, effective as of November 19, 2024. Mr. Lu Feng will serve as the chairman of the Risk Management and Consumer Rights Protection Committee, a member of the Strategic and Assets and Liabilities Management Committee, and a member of the Related Party Transaction Control Committee. Mr. Huang Yiping resigned from his position as an independent director and related committee roles on March 28, 2024, and confirmed no disagreement with the board of directors. After Mr. Lu Feng's appointment takes effect, Mr. Huang Yiping will no longer fulfill the related duties. The company expresses gratitude for Mr. Huang Yiping's contributions.