Core Viewpoint - China Life Asset Management Company has successfully launched the "China Life - Longxi Kou Hydropower Hub Debt Investment Plan" with a total scale of 2.1165 billion yuan, marking a significant step in utilizing insurance funds to support the real economy [1][2] Group 1: Project Details - The project has completed its first investment of 800 million yuan, which will primarily fund the construction of the Longxi Kou Hydropower Hub project [1] - The total installed capacity of the Longxi Kou Hydropower Hub project is 480,000 kilowatts, with an average annual power generation of 2.02 billion kilowatt-hours [1] - The hydropower hub will convert water resources into clean energy, reducing reliance on traditional fossil fuels and lowering carbon emissions, contributing positively to regional carbon peak and carbon neutrality goals [1] Group 2: Economic Impact - The Longxi Kou Hydropower Hub is the final stage of the four-tier hydropower development along the lower Min River, which will upgrade the navigation level of the Min River from Leshan to Yibin to Class III, allowing for year-round passage of 1,000-ton vessels and 3,000-ton vessels during flood seasons [1] - This upgrade will significantly reduce logistics costs for enterprises along the river and greatly enhance water transport capacity [1] - The project aligns with the central government's strategies for the Yangtze River Economic Belt and the Western Development initiative, strengthening connections between Leshan, Yibin, and the middle and lower reaches of the Yangtze River, as well as the Chengdu-Chongqing economic circle [2] Group 3: Company Strategy and Future Plans - China Life Asset Management has been actively implementing impactful investment projects, managing over 6.5 trillion yuan in assets and supporting nearly 4 trillion yuan in the real economy as of mid-2025 [2] - The company aims to continue focusing on serving the real economy and deepen its "four-in-one" reform and innovation strategy, leveraging insurance funds to contribute to China's modernization efforts [2]