China Life(601628) 新浪财经·2025-04-02 23:27Group 1 - The former president of China Life Group, Yang Chao, has been investigated, drawing significant attention [1][2] - Yang Chao, born in 1950, retired in 2011 after nearly 6 years as the general manager of China Life Group, during which he oversaw the company's return to A-share listing in January 2007 [2] - The announcement of Yang Chao's investigation came just a day after China Life Group released its 2024 annual report, which showed a revenue of 528.57 billion yuan, a 30.5% increase year-on-year, and a net profit of 106.93 billion yuan, a 108.9% increase year-on-year [2] Group 2 - The last high-ranking executive from China Life Group to be investigated was Wang Bin, who was sentenced to death with a two-year reprieve for bribery and concealing overseas deposits in September 2023 [3] - Wang Bin served as chairman of the group from September 2018 to January 2022, which does not overlap with Yang Chao's tenure [3]