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China Life Insurance Announces Key Changes at 2025 Extraordinary General Meeting

Story Highlights
  • China Life Insurance plans to abolish its Board of Supervisors and amend procedural rules.
  • The company proposes a RMB0.238 per share interim dividend, totaling RMB6,727 million.
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China Life Insurance Announces Key Changes at 2025 Extraordinary General Meeting

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China Life Insurance Co ( (HK:2628) ) just unveiled an announcement.

China Life Insurance Company Limited has announced its First Extraordinary General Meeting for 2025, scheduled for September 25, in Beijing. Key agenda items include the abolition of the Board of Supervisors, amendments to procedural rules for shareholder and board meetings, and the approval of the 2025 interim profit distribution plan. Additionally, the company has proposed amendments to its Articles of Association, reflecting its commitment to aligning with regulatory requirements. The Board has recommended an interim dividend of RMB0.238 per share, totaling approximately RMB6,727 million, to be distributed to eligible shareholders, highlighting the company’s robust financial performance and shareholder value focus.

The most recent analyst rating on (HK:2628) stock is a Buy with a HK$26.00 price target. To see the full list of analyst forecasts on China Life Insurance Co stock, see the HK:2628 Stock Forecast page.

More about China Life Insurance Co

China Life Insurance Company Limited is a major player in the insurance industry, primarily offering life insurance products and services. The company operates within the People’s Republic of China and is listed on the Hong Kong Stock Exchange, focusing on providing comprehensive insurance solutions to its clients.

Average Trading Volume: 95,329,749

Technical Sentiment Signal: Buy

Current Market Cap: HK$1108.5B

For detailed information about 2628 stock, go to TipRanks’ Stock Analysis page.

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