Core Viewpoint - China Life Insurance Company (referred to as "China Life") is making progress in the pilot reform of long-term investment of insurance funds, having received approval to establish a private fund management company for this purpose [1] Group 1: Regulatory Developments - The pilot fund manager, China Life Qiyuan Huizhong (Beijing) Private Fund Management Company, has been approved by the National Financial Regulatory Administration [1] - On January 22, 2025, a joint implementation plan was issued by six departments, aiming to gradually expand the range and scale of institutions participating in long-term stock investment by insurance funds [1] - China Life quickly responded to the policy by applying for participation in the second batch of long-term stock investment pilots, with an approved scale of 10 billion yuan [1] Group 2: Fund Management and Investment Strategy - The approved fund will be initiated by China Life Asset Management Company, which will act as the fund manager and issue a contract-type private securities investment fund to China Life [1] - China Life will be the sole holder of the fund, with an initial investment scale expected to be 10 billion yuan [1] - The fund aims to adhere to a long-term investment philosophy, focusing on the steady appreciation of fund assets while managing risks scientifically and rigorously [1] Group 3: Future Outlook - China Life will continue to leverage its role as a long-term capital provider, adhering to the principle of serving the real economy [2] - The company aims to optimize the matching of insurance fund assets and liabilities under new accounting standards, targeting long-term stable returns [2] - The efforts are intended to support the stable operation of the capital market and contribute to the high-quality service of China's modernization journey [2]
人保寿险参与试点基金管理人“人保启元惠众”已获批设