China Life Insurance (02628) expects mid-term net profit of about 128.933 billion yuan to 137.119 billion yuan, a year-on-year increase of about 215% to 235%

According to the Zhitong Finance App, China Life Insurance (02628) issued an announcement. According to the company's preliminary estimates, the company's net profit attributable to shareholders in mid-2026 is estimated to be about RMB 128.933 billion to RMB 137.119 billion. Compared with the same period in 2025, it will increase by about RMB 88.02 billion to RMB 96.188 billion, an increase of about 215% to 235% over the previous year.

The company anchors the core ideas of “three persistence”, “three improvements”, and “three breakthroughs” for high-quality development, continues to deepen the balance and liability linkage, further promotes product and business diversification, scientifically manages debt costs, effectively improves the efficiency of commissioning and production, and further consolidates the company's sustainable development foundation. The company's investment insists on serving the real economy, implementing the concepts of long-term investment, value investment and prudent investment, making long-term investment layouts around balance and liability matching, enhancing investment expertise, and continuously enhancing the return resilience and long-term return potential of the investment portfolio. The company's asset allocation has been continuously optimized, and the layout in fields such as new quality productivity has progressed steadily, and good investment results have been achieved.