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China Life Insurance Reshapes Board Committees After Non-Executive Director Resigns

Story Highlights
  • China Life Insurance’s non-executive director Wang Junhui resigned but stays as chairman of its pension subsidiary.
  • The insurer adjusted committee roles, adding Hu Jin to nomination and remuneration and Lu Feng to audit.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Life Insurance Reshapes Board Committees After Non-Executive Director Resigns

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China Life Insurance Co ( (HK:2628) ) has issued an announcement.

China Life Insurance Company Limited announced that non-executive director Wang Junhui has resigned from the board and from the Nomination and Remuneration Committee, effective 22 January 2026, while remaining chairman of its subsidiary China Life Pension Company Limited. To keep its board committees compliant and strengthen oversight, the company has reshuffled committee memberships, appointing director Hu Jin to the Nomination and Remuneration Committee and removing her from the Risk Management and Consumer Rights Protection Committee, and naming independent non-executive director Lu Feng to the Audit Committee, adjustments that refine governance structure but are not linked to any dispute and are aimed at enhancing committee effectiveness.

The most recent analyst rating on (HK:2628) stock is a Buy with a HK$39.00 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 life insurer incorporated in the People’s Republic of China and listed in Hong Kong, offering life insurance and related pension products and services. Through its subsidiaries, including China Life Pension Company Limited, it focuses on life and retirement protection solutions for customers in mainland China, positioning itself as a key player in China’s insurance and pension markets.

Average Trading Volume: 63,541,324

Technical Sentiment Signal: Buy

Current Market Cap: HK$1375.2B

See more data about 2628 stock on TipRanks’ Stock Analysis page.

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