China Life Insurance: intends to invest RMB 8.4915 billion to jointly establish a partnership enterprise with related parties.

China Life Insurance announced that the company plans to invest 8.4915 billion yuan to jointly establish the Beijing China Life Elderly Care Industry Equity Investment Fund II with the China Life Qiyuan Elderly Care Industry Investment Management Co., Ltd. The total amount of capital contribution by all partners of the partnership enterprise is 8.5 billion yuan. This transaction constitutes a related party transaction, does not constitute a major asset restructuring, and does not meet the standards for shareholder meeting approval. The investment project may be affected by various factors, and there is a risk of investment returns falling short of expectations.