Investment returns exceed 400 billion yuan! China Life Group discloses performance

Investment returns exceed 400 billion yuan! China Life Group discloses performance

```

Zishitang has learned: From January 28 to 29, 2026, China Life Insurance (Group) Company (hereinafter referred to as "China Life Group") held its 2026 Work Conference in Beijing.

This work conference disclosed the operating results of this large financial group for 2025, with many highlights.

As a central financial enterprise spanning three major fields—insurance, investment, and banking—the group achieved consolidated investment income of over 400 billion yuan in the past year, representing a year-on-year growth of nearly 18%.

It should be specifically noted that China Life Group is not the same entity as the A+H share-listed "China Life" (i.e., China Life Insurance Co., Ltd.)—the former is the controlling shareholder and parent company of the latter, and is a comprehensive financial holding group covering multiple business sectors.

Record Performance

Official data shows: China Life Group has reached new highs in operating performance, as detailed below:

Consolidated operating revenue of 1.28 trillion yuan, a year-on-year growth of 11.3%;

Consolidated premium income of 887.4 billion yuan, up 7.4% year-on-year;

Consolidated investment income of 401.1 billion yuan, up 17.6% year-on-year;

Consolidated net profit saw significant growth; total consolidated assets reached 8.56 trillion yuan, a year-on-year increase of 14.4%;

Assets under management reached 17.5 trillion yuan, up 11% year-on-year.

The group further pointed out: “The functions of ‘economic shock absorber’ and ‘social stabilizer’ have been better utilized. Provided over 1,400 trillion yuan in risk protection for the economy and society, increased investment in the real economy by 800 billion yuan to 5.4 trillion yuan. Risk prevention and control was strong, orderly, and effective; risk composite ratings for its life insurance, property insurance, and pension insurance companies, and annual regulatory ratings for its asset management company all achieved the highest industry ratings.”

China Life Group also noted: The above operating data is unaudited.

Emphasis on “Digital and Intelligent Transformation”

At its annual work conference, China Life Group also emphasized supporting technology, scenario-driven development, and value orientation, coordinating technological innovation with operational upgrades, balancing independent control and open cooperation, building strengths and remedying weaknesses, and integrating development with security, focusing on six key elements: data, algorithms, computing power, platforms, ecosystems, and scenarios.

The conference also pointed out: Accelerate the creation of a future China Life characterized by comprehensive integration of business and technology, agile and transparent organizational operations, precise and efficient empowerment of frontline staff, accessible product and service delivery, and real-time risk sensing across all domains, to explore China Life’s approach for the development of digital finance.

Group Business Covers Insurance, Investment, Banking

China Life Group has eight primary subsidiaries, one nationwide joint-stock commercial bank, and one insurance college, with its business spanning insurance, investment, and banking sectors.

China Life Group’s life insurance company is the largest single life insurer in the world, hailed as China's “leading goose” in life insurance.

Additionally, China Life Group owns Guangfa Bank, one of the first nationwide joint-stock commercial banks established in China, and was designated as one of China’s first domestic systemically important banks in 2021. The group also has a life asset management company, one of the first insurance asset management institutions in China, with the largest asset management scale domestically. In early 2024, it partnered with New China Life Asset Management to establish Guofeng Xinghua Private Fund, which manages the Honghu Fund series (dedicated to investing in China’s stock market), already exceeding 100 billion yuan in scale.

Other subsidiaries of China Life Group include a property insurance company, a pension insurance company, an alternative investment company, and overseas affiliates.

Risk Warning and DisclaimerThe market involves risks; investments should be made cautiously. This article does not constitute personal investment advice, nor does it take into account the individual investment objectives, financial situation, or needs of any particular user. Users should consider if any opinions, views, or conclusions in this article are appropriate to their specific circumstances. Investing based on this article is at your own risk.

```