China Life(601628) 搜狐财经·2025-03-31 08:27Core Viewpoint - China Life Insurance has made significant progress in its dividend policy for 2024, emphasizing a balance between shareholder interests and sustainable development [1][2]. Dividend Policy - The company plans to distribute a total dividend of 18.37 billion yuan, with a proposed dividend of 0.6 yuan per share, representing a substantial increase of 51% compared to 2023 [1]. - The decision-making process for dividends considers the long-term characteristics of life insurance, ensuring a smooth adjustment of dividend levels to mitigate the impact of short-term profit fluctuations [2]. Financial Performance - The company adheres to relevant regulations regarding dividend distribution while taking into account its profitability, volatility, and solvency, which are critical for its operational development [1][2]. - The emphasis on solvency indicates the need to reserve necessary funds for future growth and business opportunities, ultimately aiming to create more value for shareholders [1]. Long-term Strategy - The company aims to maintain stable dividend levels from a long-term perspective, ensuring consistent returns for shareholders despite short-term profit volatility [2]. - Future strategic initiatives are expected to enhance the company's value creation capabilities, allowing shareholders to benefit from the company's steady growth [2].