Xi Niu Cai Jing·2025-10-24 04:00Group 1 - The core viewpoint of the announcement is that China Life expects a significant increase in net profit for the first three quarters of 2025, projecting a range of CNY 156.785 billion to CNY 177.689 billion, which represents an increase of approximately CNY 52.262 billion to CNY 73.166 billion compared to the same period in 2024, indicating a year-on-year growth of about 50% to 70% [2][4] Group 2 - The company attributes this expected performance to the stabilization and improvement of the stock market, actively promoting long-term capital investment, and increasing equity investments to seize market opportunities [4] - China Life is also focusing on forward-looking investments in new productive forces and continuously optimizing its asset allocation structure, leading to a significant year-on-year increase in investment income [4] - Prior to the profit forecast announcement, the former president of China Life Property Insurance, Liu Anlin, was expelled from the party due to serious disciplinary violations, which may have implications for the company's governance and public perception [4]