China Life Insurance held its first extraordinary general meeting of shareholders in 2024 on October 30, officially approved various resolutions including the election of Mr. Cai Xiliang as the executive director of the eighth session. The meeting was held at China Life Insurance Square in Xicheng District, Peking, with a total of 679 shareholders and proxies in attendance, including 678 A-share shareholders and 1 H-share shareholder. The total number of shares present and voted was 22,131,306,384 shares, accounting for 78.300150% of the total voting shares. Mr. Cai Xiliang's qualifications are subject to approval by the China Banking and Insurance Regulatory Commission. In addition, the company announced a distribution of a mid-year dividend of RMB 0.20 per share (equivalent to HKD 0.21806 per share) for 2024, which...Show More

China Life Insurance held its first extraordinary general meeting of shareholders in 2024 on October 30, officially approved various resolutions including the election of Mr. Cai Xiliang as the executive director of the eighth session. The meeting was held at China Life Insurance Square in Xicheng District, Peking, with a total of 679 shareholders and proxies in attendance, including 678 A-share shareholders and 1 H-share shareholder. The total number of shares present and voted was 22,131,306,384 shares, accounting for 78.300150% of the total voting shares. Mr. Cai Xiliang's qualifications are subject to approval by the China Banking and Insurance Regulatory Commission. In addition, the company announced a distribution of a mid-year dividend of RMB 0.20 per share (equivalent to HKD 0.21806 per share) for 2024, which will be distributed to shareholders listed in the H-share register on November 12, 2024. The dividend will be calculated based on the average closing price of the renminbi to the Hong Kong dollar published by the People's Bank of China in the week before the announcement of the distribution of the mid-year dividend at the extraordinary general meeting of shareholders. The company also elaborated on the relevant provisions of withholding income tax, as well as profit distribution matters for Shanghai-Hong Kong Stock Connect and Hong Kong Stock Connect investors.