Core Viewpoint - China Life Insurance Co., Ltd. plans to invest approximately 12.492 billion yuan in two private equity investment funds, focusing on technology innovation and the elderly care real estate sector [2][3] Group 1: Long Triangle Science and Technology Fund - The Long Triangle Science and Technology Fund has a total scale of 5.0515 billion yuan, with China Life committing 4 billion yuan [2] - The fund has a duration of 10 years and will invest primarily in technology innovation companies in artificial intelligence, integrated circuits, and biomedicine [2] - At least 70% of the fund's investments will be directed towards the artificial intelligence sector, focusing on smart chips, software, infrastructure, and key application areas [2] Group 2: National Life Pension Industry Equity Investment Fund Phase II - The National Life Pension Industry Equity Investment Fund Phase II has a total scale of 8.5 billion yuan, with China Life contributing 8.4915 billion yuan [3] - This fund has a duration of 15 years and will focus on investments in the elderly care industry, including mergers and acquisitions of existing elderly care real estate projects and the expansion of new projects [3] - The fund aims to integrate various aspects of the elderly care industry, including services, technology, and living arrangements, to create a comprehensive industry chain [3]