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中國人壽：公告 - 續展保險業務代理協議下之持續關連交易

CHINA LIFE: Announcement - Renewal of Continuing Connected Transactions under the Policy Management Agreement

HKEX ·  Dec 17 17:35

Summary by Moomoo AI

中國人壽保險股份有限公司擬於2024年12月31日前與中國人壽保險（集團）公司簽訂新保險業務代理協議，將繼續提供非轉移保單的保單管理服務。新協議有效期為三年，自2025年1月1日起至2027年12月31日止。根據協議，中國人壽將提供日常保險業務處理、客戶服務、數據管理等多項服務，每年服務費由有效非轉移保單數量和實收保費百分比計算。新協議下，2025年至2027年每年的服務費年度上限均為人民幣5.03億元。由於集團公司持有中國人壽約68.37%已發行股本，此交易構成持續關連交易。適用百分比率超過0.1%但少於5%，須遵守申報、公告及年度審核規定，但獲豁免獨立股東批准。董事會認為，該交易能避免同業競爭，充分利用現有資源，提高公司持續經營能力，符合公司及股東長遠利益。交易按正常商業條款進行，公平合理，符合公司及股東整體利益。
中國人壽保險股份有限公司擬於2024年12月31日前與中國人壽保險（集團）公司簽訂新保險業務代理協議，將繼續提供非轉移保單的保單管理服務。新協議有效期為三年，自2025年1月1日起至2027年12月31日止。根據協議，中國人壽將提供日常保險業務處理、客戶服務、數據管理等多項服務，每年服務費由有效非轉移保單數量和實收保費百分比計算。新協議下，2025年至2027年每年的服務費年度上限均為人民幣5.03億元。由於集團公司持有中國人壽約68.37%已發行股本，此交易構成持續關連交易。適用百分比率超過0.1%但少於5%，須遵守申報、公告及年度審核規定，但獲豁免獨立股東批准。董事會認為，該交易能避免同業競爭，充分利用現有資源，提高公司持續經營能力，符合公司及股東長遠利益。交易按正常商業條款進行，公平合理，符合公司及股東整體利益。
China Life Insurance Company Limited plans to sign a new insurance business agency agreement with China Life Insurance (Group) Company before December 31, 2024, to continue providing policy management services for non-transferable policies. The new agreement will be effective for three years, from January 1, 2025, to December 31, 2027. According to the agreement, China Life will provide multiple services including daily insurance business processing, customer service, and data management, with the annual service fee calculated based on the number of valid non-transferable policies and the percentage of actual premium received. Under the new agreement, the annual service fee cap for each year from 2025 to 2027 is set at 0.503 billion yuan. As the group company holds approximately 68.37% of the issued share capital of China Life...Show More
China Life Insurance Company Limited plans to sign a new insurance business agency agreement with China Life Insurance (Group) Company before December 31, 2024, to continue providing policy management services for non-transferable policies. The new agreement will be effective for three years, from January 1, 2025, to December 31, 2027. According to the agreement, China Life will provide multiple services including daily insurance business processing, customer service, and data management, with the annual service fee calculated based on the number of valid non-transferable policies and the percentage of actual premium received. Under the new agreement, the annual service fee cap for each year from 2025 to 2027 is set at 0.503 billion yuan. As the group company holds approximately 68.37% of the issued share capital of China Life, this trade constitutes a continuing connected transaction. The applicable percentage exceeds 0.1% but is less than 5%, and must comply with the reporting, announcement, and annual audit regulations, but is exempt from independent shareholder approval. The Board of Directors believes that this transaction can avoid competition within the industry, make full use of existing resources, improve the company's ongoing operational capabilities, and is in line with the long-term interests of the company and its shareholders. The transaction is conducted on normal commercial terms, is fair and reasonable, and aligns with the overall interests of the company and its shareholders.

This announcement is a separate document:

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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