People's Insurance Company of China: Achieved good investment returns in the first quarter.

On April 30, at the first quarter performance briefing, Chen Huiyan, deputy general manager of the investment department of China Life Insurance Group, stated that in the first quarter, China Life actively seized investment opportunities in the capital market and achieved good investment returns. In terms of equity investment, the company adheres to the investment style of "emphasis on both growth and value." Before the Spring Festival, the company decisively increased its holdings at the market low point, effectively seizing market phase and structural opportunities. In the first quarter, the company's equity assets achieved positive returns. In terms of fixed income, the company flexibly adjusted the pace of bond allocation and increased trading efforts. Selling at low interest rates and increasing the purchase of long duration bonds at relatively high interest rates effectively improved the contribution of bond assets to investment returns. At the same time, in 2024, a significant switch from existing TPL bonds to OCI long-term interest rate bonds at higher yield points effectively enhanced the stability of investment returns of entrusted assets in different interest rate environments.