Core Viewpoint - The report outlines the progress of the rectification work following the third round of inspections by the Central Commission for Discipline Inspection, emphasizing the commitment of China Life Insurance Group to implement reforms and enhance governance [1][2][5]. Group 1: Rectification Responsibility and Leadership - The Group Party Committee has taken on the primary responsibility for rectification, integrating it with daily operations and ensuring that the rectification work is thorough and effective [2][3]. - A series of meetings have been held to discuss and coordinate the rectification efforts, with a focus on addressing key issues and enhancing the political capabilities of the leadership [3][4]. Group 2: Implementation of Rectification Measures - The Group has developed detailed rectification plans and mechanisms, ensuring that feedback from inspections is addressed systematically [4][5]. - The rectification efforts are closely linked with the Group's reform initiatives, including the "333 strategy" aimed at fostering high-quality development [4][5]. Group 3: Key Issues and Progress - The Group has made significant strides in improving its political ecology and operational quality, with noticeable changes in its development status and overall morale [5][6]. - Specific measures have been taken to enhance the insurance offerings, particularly in health insurance, with premium income from strong protection products showing steady growth [7][8]. Group 4: Governance and Risk Management - The Group has implemented stricter governance measures, focusing on risk management and compliance to prevent corruption and ensure accountability [9][10]. - A comprehensive risk management framework has been established to enhance the Group's ability to respond to external risks and maintain operational integrity [21][22]. Group 5: Future Plans and Continuous Improvement - The Group plans to continue its rectification efforts as a major political task, ensuring that the standards remain high and that all rectification goals are met [19][20]. - There is a commitment to deepen theoretical learning and reform processes, aiming to strengthen the Group's role in the insurance industry and enhance its service offerings [19][20].

7月22日，中国人寿集团在京召开学习贯彻金融系统党的建设工作会议精神暨2025年上半年经营管 理工作会议。 中国人寿集团党委书记、董事长蔡希良代表集团党委作《深入学习贯彻金融系统党的建设工作会议 精神 以高质量党建促进高质量发展》讲话，推动将习近平总书记"五个进一步到位"重要要求贯穿到中 国人寿落实金融系统党的建设工作会议精神的全过程、各方面。 会议对全面完成中国人寿2025年经营管理目标任务作出部署，推动在更加注重效益优先、更加注重 长期理念、更加注重资负联动、更加注重防范化解风险的基础上，锚定年度经营管理工作目标任务。会 议强调，中国人寿全系统要锚定"333战略"持续用力，以作风建设新成效开创高质量发展新局面。 责任编辑：杨喜亭 截至6月底，中国人寿累计新增保险保障金额超450万亿元，赔付支出2372亿元，同比增长14.7%， 保险资金服务实体经济存量投资规模超5万亿元，公开市场权益投资净买入超900亿元，服务大局积极有 为，经济减震器与社会稳定器功能更好发挥；集团合并营业收入同比增长8.4%，合并总资产突破8万亿 元（不含广发银行总资产3.69万亿元），管理总资产超15万亿元，业务发展高位突破，综合实力 ...

Core Viewpoint - The appointment of Li Zhuyong as Vice Chairman and President of China Life Group marks a significant leadership change, with expectations for enhanced risk management and strategic growth initiatives in the insurance sector [1][2][4]. Group 1: Leadership Changes - Li Zhuyong has been appointed as Vice Chairman and President of China Life Group, filling the position that had been vacant since the previous president's promotion [1]. - Li Zhuyong has over 20 years of experience in the insurance industry, previously holding various legal and compliance roles at China Pacific Insurance [2]. Group 2: Financial Performance - In 2024, China Life Group's cumulative new insurance amount exceeded 700 trillion yuan, with total assets nearing 7.5 trillion yuan, excluding Guangfa Bank [1]. - The group's consolidated operating revenue surpassed 1.1 trillion yuan, with premium income exceeding 820 billion yuan and a significant year-on-year increase in net profit [1]. Group 3: Risk Management Focus - Li Zhuyong emphasizes the importance of proactive risk management, advocating for early detection and resolution of potential risks [3]. - He proposes enhancing risk management through technology, aiming to improve the efficiency and effectiveness of risk control measures [3]. Group 4: Strategic Initiatives - The "333 Strategy" aims to cultivate three new growth areas in pension, health, and wealth management, positioning China Life Group for high-quality development over the next five years [4]. - The strategy includes creating three new listing platforms and integrating internal and external resources to strengthen core business operations [4]. Group 5: Industry Positioning - China Life Group aims to maintain its status as the world's highest-valued life insurance company, striving for continuous improvement and innovation to lead the global insurance market [5].

Core Viewpoint - The article emphasizes the importance of cultural support in driving high-quality financial development and building a strong financial nation, highlighting China Life's efforts in establishing a robust corporate culture framework [1][12]. Group 1: Corporate Culture Framework - China Life has revised its corporate culture system, which includes six components: creed, mission, vision, corporate values, business philosophy, and brand slogan, aiming to align with the principles of modern financial development while continuing Chinese cultural heritage [1][12]. - The creed emphasizes honesty, integrity, prudent management, innovation, and compliance, serving as a guiding principle for the company's operations and employee behavior [2][3]. Group 2: Mission and Social Responsibility - The mission of China Life is to serve the national development agenda and protect the well-being of the people, positioning itself as a key player in the multi-tiered social security system and a contributor to the modern industrial system [4]. - As of the first quarter of 2025, China Life's insurance funds directly supporting the real economy reached approximately 5 trillion yuan, with significant payouts from both life and property insurance sectors [4]. Group 3: Investment and Financial Services - China Life adheres to long-term, value, and responsible investment principles, with its life insurance company increasing net investments by over 100 billion yuan in 2024, injecting substantial capital into the market [5]. - The company is also focused on building a comprehensive pension financial service system, managing around 2.1 trillion yuan in various pension funds [5]. Group 4: Vision and Strategic Goals - China Life aims to become a world-class financial insurance group with Chinese characteristics, implementing the "333 strategy" to enhance risk protection, asset allocation, and global operational capabilities [6][7]. - The company has seen significant growth in premium income, with life insurance premiums increasing from under 150 billion yuan to 671.46 billion yuan by 2024 [8]. Group 5: Customer-Centric Approach - The new business philosophy, "One China Life, One Lifetime of Protection," focuses on providing comprehensive financial and insurance services throughout the customer lifecycle, enhancing service diversity and accessibility [9][10]. - China Life's services cover various sectors, including health, pension, and education, with significant insurance coverage provided to millions of families [10]. Group 6: Brand Development - The brand slogan "Trusted for Years, Worthy of Investment" reflects the company's commitment to building trust and value in the financial insurance sector, evolving from a single insurance brand to a comprehensive financial brand [11][12]. - China Life has actively engaged in brand promotion through partnerships and innovative marketing strategies, enhancing its brand image among younger demographics [12].

今年1月，中国人寿集团对外首发"333战略"，谋划公司未来五年高质量发展路径。此次是该公司新战略 发布后首次披露半年度经营成绩。业内专家表示，作为大型保险央企，中国人寿集团长期引领保险业高 质量发展，在规模增长、价值提升、服务优化、财富管理、服务实体经济等多方面树立了行业标杆。保 险业新"国十条"提出"支持大型保险机构做优做强"，中国人寿集团理应发挥关键头雁作用，成长为强大 的金融机构，更好服务中国式现代化大局。 截至6月底，中国人寿集团合并总资产突破8万亿元（不含广发银行总资产3.69万亿元），管理总资产超 15万亿元；保险资金服务实体经济存量投资规模超5万亿元。 ◎记者 韩宋辉 中国人寿集团7月22日在2025年上半年经营管理工作会议上披露，上半年，中国人寿集团公开市场权益 投资净买入超900亿元，合并营业收入同比增长8.4%；赔付支出2372亿元，同比增长14.7%；累计新增 保险保障金额超450万亿元。 中国人寿集团在会议上表示，将推动在更加注重效益优先、更加注重长期理念、更加注重资负联动、更 加注重防范化解风险的基础上，锚定年度经营管理工作目标任务，积极主动作为，巩固和增强业务向好 势头，确保"33 ...

Core Viewpoint - China Life Insurance has revised its corporate culture system, which includes principles, mission, vision, corporate values, business philosophy, and brand, aiming to align with the new era of financial development while promoting high-quality financial growth [1][2]. Group 1: Corporate Culture System - The corporate culture system consists of six parts: principles, mission, vision, corporate values, business philosophy, and brand, which collectively explain the company's beliefs, significance, development direction, and value orientation [1]. - The principle emphasizes "honesty and trustworthiness," focusing on consumer protection and enhancing claims services to maintain the company's integrity [1]. - The mission is to serve national development and protect people's well-being, positioning the company as a key player in social security and national governance [1]. Group 2: Strategic Initiatives - In early 2025, the "333 strategy" was implemented to enhance risk protection, asset allocation, value creation, and global operations, achieving the highest combined revenue in five years [2]. - The corporate values integrate traditional Chinese culture with modern financial practices, fostering strong relationships among various stakeholders [2]. - The business philosophy "One China Life, One Lifetime of Protection" was established, emphasizing a trustworthy and warm corporate image [2]. Group 3: Brand Development - China Life has evolved into a comprehensive financial brand encompassing insurance, investment, and banking, contributing to the goal of becoming a world-class financial insurance group [2].

Core Viewpoint - China Life Insurance leverages its comprehensive financial advantages and business synergy to provide a full range of financial and insurance services throughout the entire lifecycle, emphasizing its commitment to customer protection and service diversity [1][10]. Group 1: Comprehensive Financial Services - The company offers life insurance services covering health, retirement, medical, education, and accident insurance, while its property insurance services span various sectors from production to personal safety [1]. - China Life is implementing the "333 strategy" to enhance service diversity, inclusivity, and accessibility, aiming for a unified service approach under the motto "One China Life, One Lifetime of Protection" [1]. Group 2: Child Protection Initiatives - The "Worry-Free Childcare" initiative launched in 2024 provides dedicated insurance for childcare institutions in Guangdong, offering up to 100 million yuan in liability coverage for institutions and 10,000 yuan in personal accident medical insurance for each child [2]. - The company has expanded its coverage for children's insurance needs, providing approximately 1.8 trillion yuan in protection for about 27.3 million family members in 2024, and has developed products benefiting over 70 million children [3]. Group 3: Health and Medical Insurance - The "Great Love Without Borders" project, initiated in 2019, has insured 5.9 million people, with 2024 seeing approximately 1.14 million participants, covering 47% of the city's basic medical insurance population [4][5]. - The project also includes cancer screening initiatives, with plans to conduct at least 10,000 screenings for nasopharyngeal cancer in 2024 [5]. Group 4: Elderly Care and Support - The "Yikangbao" program provides 500 yuan monthly for long-term care for severely disabled elderly individuals, with over 56,300 beneficiaries and total payments of approximately 24.8 million yuan [7][8]. - The "Silver Age Safety" insurance project has been implemented for elderly individuals, covering over 90% of the elderly population in Guangdong, with total claims reaching 2.3 billion yuan [9]. Group 5: Support for New Employment Groups - In 2024, the company provided insurance coverage for over 34.47 million individuals in the "two new" employment groups, with property insurance covering nearly 160 billion yuan in risks [6]. Group 6: Commitment to Social Stability - China Life Insurance emphasizes its role as a stabilizing force in society, providing risk protection across all life stages and contributing to social development and the dignity of aging [10].