Di Yi Cai Jing·2025-08-28 05:16Core Viewpoint - China Life Insurance is focusing on enhancing the stability and long-term return potential of its equity investments while actively supporting capital market development and shareholder returns [1][3]. Group 1: Investment Performance - As of June 30, 2025, China Life's investment assets reached 71,271.53 billion yuan, a 7.8% increase from the end of 2024 [1]. - The company achieved a net investment income of 960.67 billion yuan, with a net investment yield of 2.78% [1]. - Total investment income was 1,275.06 billion yuan, reflecting a year-on-year growth of 4.2%, with a total investment yield of 3.29% [1]. Group 2: Asset Allocation Strategy - China Life is adjusting its asset allocation strategy across various sectors, maintaining a solid base in fixed income while increasing equity investments by over 150 billion yuan since the beginning of the year [2]. - The company has invested a total of 35 billion yuan in private equity funds and is focusing on high-dividend assets and new productivity sectors [2]. - The overall asset allocation remains stable with high asset quality [2]. Group 3: Shareholder Returns - China Life continues to emphasize quality and efficiency in shareholder returns, maintaining a biannual dividend distribution for two consecutive years [3]. - Since its listing, the company has distributed a total of approximately 2,277 billion yuan in dividends [3].