Core Viewpoint - China Life Insurance aims to become a global leader in the life insurance industry by enhancing its core capabilities and maintaining a strong focus on innovation and customer service [1][3][5]. Financial Performance - In 2024, China Life's total premium reached 671.46 billion yuan, with first-year premiums hitting a record high of 119.08 billion yuan [1]. - The company's embedded value exceeded 1.4 trillion yuan, and the new business value for the year was 33.71 billion yuan, leading the industry [1]. - Total investment income amounted to 308.25 billion yuan, reflecting a significant year-on-year increase of 150%, with net profit attributable to shareholders rising by 108.9% to 106.93 billion yuan [1]. Strategic Goals - The company plans to strengthen five key capabilities: risk protection, asset-liability linkage, value creation, risk control, and global asset allocation [3][4]. - China Life aims to enhance its service offerings and product diversity, focusing on customer needs across different life stages [5][6]. Product Development - As of the end of 2024, the personal pension business reached nearly 3 billion yuan, with over 270,000 policies serviced, making it the industry leader [5]. - The company has launched over 500 health insurance products since 1999, with 220 currently available, and aims to expand its health insurance offerings further [6]. Investment Strategy - China Life's investment strategy emphasizes long-termism, focusing on stable asset-liability matching and value investing [7]. - The company has a total investment scale exceeding 4.8 trillion yuan, with a total investment return rate of 5.50% [6]. Shareholder Returns - In 2024, China Life implemented its first interim dividend, with total dividends reaching 18.37 billion yuan, a 51% increase from 2023 [10][11]. - The company plans to maintain a high dividend payout while balancing shareholder interests and sustainable development [11].

"在健康险方面，中国人寿一直高度重视健康险的发展，1999年以来，我们累计推出了健康保险产品超500款，在售的 健康保险产品220余款。2024年，公司新增商业健康险的保险金额超过80万亿元，各类健康保险产品和业务服务数亿 人群，这是我们在健康保险方面取得的一些成效。"侯晋介绍。 3月27日，中国人寿在北京、香港两地同步举行2024年度业绩发布会。 在应对媒体记者关于中国人寿推进养老和健康保险产品问题时，中国人寿总精算师侯晋表示，未来，公司将进一步针 对不同年龄阶段客户需求，丰富包括个人养老金在内的多元产品形态和责任设计组合，以更好地满足备老和养老阶段 的不同养老保障需求。 侯晋介绍，截至2024年底，中国人寿个人养老金业务累计规模近30亿元，服务保单件数超27万件。其中，2024年实现 业务规模20亿元，服务保单件数超过15万件，位列行业第一。作为心怀"国之大者"的金融央企，公司始终将让客户"投 得安心、领得放心"置于首位，致力于守护好客户的养老"钱袋子"。 "我们也将进一步推进商业保险从单一风险保障到'预防-治疗-康复'的健康保障方案升级，提升人民健康保障水平，更 积极助推人民健康水平提升。" 侯晋表示， ...

Group 1 - The core viewpoint is that China Life Insurance will continuously upgrade product design to meet the retirement protection needs of different age groups [1][2] - The company has launched over 500 health insurance products, with more than 220 currently available, providing insurance coverage for hundreds of millions of people in China [1] - In 2024, the total insurance amount for commercial health insurance increased by over 80 trillion yuan [1] Group 2 - Health insurance remains a key focus for China Life, with ongoing research into upgrading health insurance coverage responsibilities [2] - The company aims to serve a broader population, particularly targeting the elderly and those with chronic diseases, while incorporating high-quality medical technologies and pharmaceuticals into coverage [2] - There is a commitment to enhance health management services from prevention to rehabilitation, improving overall health protection levels for the public [2]