On March 26, CHINA LIFE held its 2025 annual results presentation. Regarding the development plans for long-term care insurance, Assistant President and Chief Actuary Hou Jin stated that since 2016, CHINA LIFE has actively participated in pilot projects for more than 70 long-term care insurance programs, accumulating significant professional expertise and extensive experience in the process.

Firstly, the company has developed comprehensive capabilities to manage the entire chain of long-term care insurance operations, establishing a robust management system known for its thorough service and professional excellence.

Secondly, leveraging its extensive network of branches and service outlets, CHINA LIFE has assembled a professional service team with wide coverage, high quality, and strong capabilities, enabling it to deliver a superior long-term care insurance experience for policyholders.

Thirdly, through digital empowerment, the company has created CHINA LIFE's smart long-term care insurance management information system, which provides end-to-end technical solutions for various business scenarios within its long-term care insurance offerings.

"Moving forward, CHINA LIFE will contribute to the stable and orderly implementation of long-term care insurance with a responsible corporate attitude, high-quality service provision, and professional operational management," Hou Jin added.

Regarding commercial health insurance, Hou Jin further noted that in 2025, through the development of diverse health insurance businesses and service offerings, the company's health insurance premium income exceeded 120 billion yuan, achieving effective growth, with medical insurance accounting for the largest share.