Summary by Moomoo AI
China Life Insurance Corporation ("China Life") announced on November 7, 2024 that its 2024 interim A-share profit distribution plan was approved at the shareholder meeting held on October 30. According to the plan, China Life will distribute a cash dividend of RMB 0.20 per A share, totaling approximately 5.653 billion RMB. The record date for equity registration is set on November 12, 2024, with the ex-dividend (interest) date and cash dividend payment date both on November 13, 2024. This distribution plan only applies to A-share shareholders registered at the Shanghai Branch of China Securities Depository and Clearing Corporation Limited, and not applicable to H-share shareholders. The announcement also provides detailed instructions on dividend payment procedures, including tax treatment and consultation channels. China Life emphasizes that after this dividend distribution, the company's solvency remains sufficient and complies with regulatory requirements.
