Core Viewpoint - China Life Asset Management has established the Tianwan Fund in collaboration with China National Nuclear Corporation to invest in nuclear power projects, highlighting the strategic use of insurance capital for long-term investments in infrastructure [1] Group 1: Fund Establishment and Investment Focus - The Tianwan Fund is a limited partnership initiated by China Life Asset Management and members of China National Nuclear Corporation, focusing on investments in nuclear power [1] - The fund's first investment will support the construction of Units 7 and 8 of the Tianwan Nuclear Power Plant and the first phase of the Jiangsu Xuwei Nuclear Heating Project [1] Group 2: Investment Strategy and Duration - The fund has a long investment horizon of 10 years, tailored to meet the capital needs of nuclear power project construction and operation [1] - China Life Asset Management aims to leverage its long-term capital advantages to innovate in equity investment methodologies [1] Group 3: Future Investment Opportunities - The company plans to explore further equity investment opportunities in stable return infrastructure sectors such as nuclear power, large hydropower, offshore wind power, logistics, transportation, and data centers [1] - There is a focus on revitalizing existing assets and enhancing the effectiveness of insurance capital in supporting the real economy [1]

Core Viewpoint - China Life Asset Management Co., Ltd. has established the Tianwan Fund in collaboration with China National Nuclear Corporation to invest in nuclear power projects, which is crucial for optimizing energy structure and achieving carbon neutrality goals [1][2] Group 1: Investment Details - The Tianwan Fund is a limited partnership fund initiated by China Life Asset as the sole financial LP, focusing on investments in China National Nuclear Corporation's projects [1] - The fund's first investment will support the construction of Units 7 and 8 of the Tianwan Nuclear Power Plant and the first phase of the Xuwei Nuclear Heating Project [1] - The investment period for the Tianwan Fund is set for 10 years, tailored to meet the capital needs of nuclear power project construction and operation [2] Group 2: Technological Significance - The Xuwei Phase I project is notable for being the world's first demonstration project combining a third-generation pressurized water reactor and a fourth-generation high-temperature gas-cooled reactor [1] - The "Hualong One" reactor is highlighted as a key model for China's nuclear power development and a symbol of its global nuclear presence [1] - The high-temperature gas-cooled reactor is recognized as part of a major national science and technology initiative [1] Group 3: Strategic Implications - The investment in the Tianwan Fund represents a practical step by China Life Asset to support green finance and the transition to a low-carbon economy [2] - The company aims to leverage its long-term capital advantages to innovate equity investment methodologies and explore stable return opportunities in infrastructure sectors such as nuclear power, hydropower, and offshore wind [2] - Future plans include continuous exploration of innovative equity investment practices based on the Tianwan Fund's experience to enhance the effectiveness of insurance capital in serving the real economy [2]