China Life Insurance Group: Recently, China Life's assets have actively allocated to the equity market, with a net purchase of over 10 billion yuan in a single day.

On July 20th, China Life Group stated that it firmly believes in the bright prospects of the Chinese economy and the long-term positive trend of the capital market. Recently, its major investment platform, China Life Asset Management, has been actively allocating in the market, with net purchases of equity assets in the A-share and onshore and offshore fund markets exceeding 10 billion yuan in a single day. China Life Asset Management will always adhere to the investment philosophy of long-term investment, value investment, and prudent investment of insurance funds, consistently play a role in promoting the entry of mid-to-long-term funds into the market, seize strategic allocation opportunities, optimize and enhance the structure and proportion of equity investments, and increase allocation to key areas such as the modern industrial system and new quality productivity.