Core Insights - China Life Insurance Company has won two prestigious awards at the 2025 China Financial Institutions Annual Conference, recognizing its excellence in high-quality development and inclusive finance [1] Group 1: Financial Performance - In the first three quarters, China Life achieved total premiums of 669.645 billion yuan, a year-on-year increase of 10.1%, with new premiums reaching 218.034 billion yuan, up 10.4% [1] - The new business value saw a robust growth of 41.8% during the same period [2] - The net profit attributable to shareholders exceeded 167.8 billion yuan, marking a 60.5% increase compared to the same period last year [2] - Shareholder equity reached 625.828 billion yuan, reflecting a 22.8% growth from the end of the previous year [2] - The solvency ratios remained strong, with a core solvency adequacy ratio of 137.50% and a comprehensive solvency adequacy ratio of 183.94% [2] - The company has maintained an A rating in the comprehensive risk assessment for 29 consecutive quarters [2] Group 2: Social Responsibility and Inclusive Finance - China Life emphasizes social responsibility by diversifying its inclusive insurance and services [3] - As of mid-2025, 327 million effective long-term policies cover urban and rural areas, with customized commercial health insurance benefiting ordinary families in over 140 cities [3] - The company has significantly increased personal pension premiums, with nearly 4 trillion yuan in annuity reserves to strengthen retirement security [3] - Focused on key groups such as the elderly, small and micro enterprises, and rural areas, the company offers tailored products and solutions [3] - In the first half of 2025, risk protection for small and micro enterprises and individual businesses amounted to approximately 27 trillion yuan, demonstrating a commitment to inclusive finance [3]