Cai Jing Wang·2025-08-27 14:37Core Insights - China Life Insurance reported a total asset value exceeding 7 trillion yuan, reaching 7.29 trillion yuan, with net assets of 535.599 billion yuan and an embedded value of 1.48 trillion yuan [1] - The total premium income for the reporting period was 525.088 billion yuan, marking the highest growth rate for the same period in the past five years, while the new business value for the first half of the year was 28.546 billion yuan, indicating rapid growth and maintaining industry leadership in both scale and value [1] - The net profit attributable to shareholders of the parent company was 40.931 billion yuan, representing a year-on-year increase of 6.9% [1] Business Development - The company is actively exploring innovations in the health and elderly care service sectors, steadily advancing the construction of a service system to create a comprehensive and multi-level health and elderly care service ecosystem [1] - China Life is promoting three major elderly care product lines: CCRC elderly care communities, urban elderly care apartments, and health tourism residences, with a total of 19 institutional elderly care projects established in 15 cities by the end of the reporting period [1] - The company has launched four "Flexible Living" travel products and is researching home-based elderly care service construction to meet diverse elderly care needs and empower the development of its insurance main business [1]