China Life (02628.HK) announced that the board of directors passed the proposal on the arrangements for the distribution of profits in the middle of 2024. The company has formulated the following arrangements for the distribution of profits in the middle of 2024: taking into account factors such as current performance, repayment ability, capital status, etc. and conditions that are available for distribution of profits in the first half of 2024, the company will distribute cash dividends to all shareholders, and the total amount of mid-term cash dividends will not exceed 30% of the net profit attributable to the parent company's shareholders in the first half of 2024.

The specific amount of profit distribution in the middle of 2024 will be determined in accordance with the relevant arrangements, combined with the actual operating results and the impact of repayment ability in the first half of 2024. It will be implemented after the company's governance procedures are carried out in accordance with relevant laws, regulations, and provisions in the company's articles of association. When the company formulates the annual profit distribution plan for 2024, the amount of mid-term profit distribution that has been distributed will be taken into consideration. (wl/cy)

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