1、Stock Code:26282022Annual Report China Life Insurance Company Limited2022Annual ReportOffice Address：16 Financial Street,Xicheng District,Beijing,P.R.ChinaTelephone ：86-10-63633333 Website ：www.e-E-mail ：ire-The Company is a life insurance company established in Beijing,China on 30 June 2003 accordi

2、ng to the Company Law and the Insurance Law of the Peoples Republic of China.The Company was successfully listed overseas in December 2003 and returned to the domestic market as an A-share listed company in January 2007.The Companys registered capital is RMB28,264,705,000.The Company is a leading li

3、fe insurance company in China and possesses an extensive distribution network comprising exclusive agents,direct sales representatives,and dedicated and non-dedicated agencies.The Company is one of the largest institutional investors in China,and becomes one of the largest insurance asset management

4、 companies in China through its controlling shareholding in China Life Asset Management Company Limited.The Company also has controlling shareholding in China Life Pension Company Limited.Our products and services include individual life insurance,group life insurance,and accident and health insuran

5、ce.The Company is a leading provider of individual and group life insurance,annuity products and accident and health insurance in China.As at 31 December 2022,the Company had approximately 325 million long-term individual and group life insurance policies,annuity contracts,and long-term health insur

6、ance policies in force.We also provide both individual and group accident and short-term health insurance policies and services.CONTENTS01PRELUDE2Core Competitiveness2Honors and Awards3Business Highlights5Financial Summary602CHAIRMANS STATEMENT903MANAGEMENTDISCUSSION AND ANALYSIS12Review of Business