The company’s registered capital is RMB 3,119,546,600.
The company's strategic goal is striving to become China's best financial service group with core business in comprehensive life insurance by grasping the historic opportunity provided the rapid development of China's life insurance market. The company formulated development strategy according to the guiding principle of "customer-centered service, grasping historical opportunity of urbanization and aging, a sustained and stable growth of existing business, innovation and revolution, holding onto to the value and the essence of insurance".
The official annual report and performance reports can be found on the Investor Relations channel of the company's website.
The company's business covers: life insurance products denominated in RMB or foreign currencies (including various types of life insurance, health insurance and accident insurance); underwriting, updating, claims settlement and other services for insurers both home and abroad; insurance consulting; asset management in accordance with regulations; other business approved by the China Banking and Insurance Regulatory Commission. The company provides products and services such as life insurance, accident insurance and health insurance to individual and institutional customers in China. In addition, the company also manages and deploys the insurance funds, mainly through its asset management subsidiaries.
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,000 million (inclusive);6. Consider and approve assets collateral (pledge) for the Company’s own debt
Since 2010, New China Life Insurance has published its Corporate Social Responsibility/Environmental, Social, and Governance (ESG) and Corporate Social Responsibility Report annually, consistently disclosing its sustainable development practices in an open, transparent, and standardized manner. This section highlights the company's phased progress and achievements in advancing economic, social, and environmental sustainability through prudent operations, systematically demonstrating New China Life Insurance's commitment to responsibility on its path toward high-quality development.
Since 2010, New China Life Insurance has published its Corporate Social Responsibility/Environmental, Social, and Governance (ESG) and Corporate Social Responsibility Report annually, consistently disclosing its sustainable development practices in an open, transparent, and standardized manner. This section highlights the company's phased progress and achievements in advancing economic, social, and environmental sustainability through prudent operations, systematically demonstrating New China Life Insurance's commitment to responsibility on its path toward high-quality development.
New China Life Insurance remains committed to high-quality development, systematically integrating Environmental, Social, and Governance (ESG) principles throughout its corporate strategy and operational management. This section showcases the company's policy statements, management approaches, and operational guidelines on key ESG issues, comprehensively presenting the achievements in institutional framework development for sustainable management at New China Life Insurance.
New China Life Insurance remains committed to high-quality development, systematically integrating Environmental, Social, and Governance (ESG) principles throughout its corporate strategy and operational management. This section showcases the company's policy statements, management approaches, and operational guidelines on key ESG issues, comprehensively presenting the achievements in institutional framework development for sustainable management at New China Life Insurance.
