Summary by Moomoo AI
China Life Insurance Co., Ltd. announced the completion of the change of legal representative on December 23, 2024. Mr. Cai Xiliang has officially taken over as the Chairman of the Board of Directors and legal representative of the company, and the relevant business change registration procedures have been completed. This personnel change stems from the Shareholders' Meeting and Board of Directors meeting held on October 30, 2024, where Mr. Cai Xiliang was elected as the executive director and chairman.The National Financial Supervisory and Administration has approved Mr. Cai Xiliang's qualification as chairman on December 4, 2024. According to the company's articles of association, the chairman also serves as the legal representative. Other registered items on the company's business license remain unchanged apart from the change of legal representative. This senior personnel adjustment marks a new change in the leadership of China Life Insurance, which may have an important impact on the company's future development strategy and operational direction.
