China Life Insurance Corporation announced that the qualification of Mr. Cai Xiliang, the newly appointed chairman, has been approved by the China Banking and Insurance Regulatory Commission. Mr. Cai's appointment as director and chairman of the board officially takes effect on December 4, 2024. Prior to this, the company held an extraordinary general meeting of shareholders on October 30, 2024, electing Mr. Cai Xiliang as an executive director of the eighth board of directors and subsequently electing him as chairman at the following board meeting. To ensure the standardized operation of the board of directors, starting from the effective date of Mr. Cai Xiliang's appointment, he will act as the board secretary until Ms. Liu Hui's qualification as the board secretary...Show More

China Life Insurance Corporation announced that the qualification of Mr. Cai Xiliang, the newly appointed chairman, has been approved by the China Banking and Insurance Regulatory Commission. Mr. Cai's appointment as director and chairman of the board officially takes effect on December 4, 2024. Prior to this, the company held an extraordinary general meeting of shareholders on October 30, 2024, electing Mr. Cai Xiliang as an executive director of the eighth board of directors and subsequently electing him as chairman at the following board meeting. To ensure the standardized operation of the board of directors, starting from the effective date of Mr. Cai Xiliang's appointment, he will act as the board secretary until Ms. Liu Hui's qualification as the board secretary is approved by the China Banking and Insurance Regulatory Commission. For Mr. Cai Xiliang's detailed resume, please refer to the relevant announcement and circular of the extraordinary general meeting of shareholders previously issued by the company. This personnel change marks an important adjustment in the leadership of China Life Insurance, which may have a significant impact on the company's future development strategy.