1月23日，中国人寿发布公告称，公司将与国寿启远在今年9月30日前订立协议，共同设立北京国寿养老 产业股权投资基金二期(有限合伙)， 基金认缴出资总额为85亿元。其中，中国人寿出资额为84.915亿 元，国寿启远出资额为850万元，国寿股权将作为合伙企业的管理人。 据介绍，该合伙企业聚焦长三角地区人工智能领域科技创新、产业升级新机遇，投资于成长期股权类资 产。主要投向人工智能、集成电路和生物医药三大先导行业中的科技创新企业，且明确表示人工智能领 域投资占比不低于实缴出资额的70%。 实际上，近年中国人寿在持续加码科技创新领域的股权投资。目前，通过国寿投资已布局沐曦股份、长 鑫存储、MiniMax等多家科技公司。 截至2025年9月末，国寿投资科技自立自强累计投资规模已达到约430亿元，在管规模超360亿元，2025 年新增划款规模超80亿元，较年初增长24%。 有分析指出，保险资金作为典型的耐心资本，具有体量大、期限长、来源稳的主要特点，与股权投资基 金投早、投小、投长期、投科技的特征相匹配，逐渐成为服务科技创新、赋能新质生产力的动力源和破 解资产荒、利差损等行业共性难题的新引擎。 公告显示，该基金将采取轻重 ...

Core Viewpoint - China Life Insurance has announced significant investments in two funds, totaling nearly 12.5 billion yuan, continuing the trend of insurance companies increasing their equity investments [2][5]. Group 1: Investment Plans - China Life plans to invest 8.5 billion yuan in a pension industry fund, with a focus on both existing and new pension real estate projects, aiming to enhance asset management and operational income [3]. - The company will also invest 4 billion yuan in a Yangtze River Delta technology innovation fund, targeting sectors such as artificial intelligence, integrated circuits, and biomedicine, with at least 70% of the investment directed towards AI [4]. Group 2: Strategic Alignment - These investments align with national strategic directions and are expected to improve investment returns for insurance funds, while also enhancing the quality and returns of equity investment layouts [5]. - The investment strategy emphasizes a combination of light and heavy asset models, focusing on strategic allocation, value investment, and long-term investment principles [3]. Group 3: Industry Trends - In 2025, insurance asset management institutions registered 22 equity investment plans with a total scale of 33.532 billion yuan, indicating a growing trend in equity investment among insurance companies [6]. - The registration of private equity funds also saw significant activity, with various companies participating in the market, reflecting a robust interest in equity investment opportunities [10].