New China Life Insurance plans to invest a total of 20 billion yuan with China Life Insurance to subscribe for shares in a private equity fund, which will invest in large listed companies that meet the criteria within the CSI A500 Index, both A and H shar

New China Life Insurance announced that the company plans to sign a fund contract with the fund manager and custodian for this investment. The company and China Life Insurance each intend to contribute 10 billion yuan, totaling 20 billion in scale, to subscribe for shares in the private equity fund. The fund aims to achieve stable dividend income through low-frequency trading and long-term Holding, with a duration of 10 years. The investment scope includes large listed companies that meet the criteria within the CSI A500 Index, both A and H shares. This investment aligns with the national policy to promote the entry of medium- and long-term funds into the market and will not have a significant adverse impact on the company's normal production and operation.