601336 New China Life Insurance

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About New China Life Insurance Company

The company was founded in September 1996. It is a national A+H listed company with annual premium income exceeding 160 billion yuan and total assets exceeding 1.3 trillion yuan. It is a Fortune and Forbes Fortune 500 company, and has received “A” Fitch Financial Strength Rating for many years. The main shareholders of the company are Central Huijin Investment Co., Ltd. and China Baowu Steel Group Co., Ltd. The company's business scope includes: personal insurance in RMB and foreign currency (including various types of life insurance, health insurance, and accident insurance); acting as insurance, inspection, and claim settlement services for domestic and foreign insurance institutions; insurance consulting; and carrying out capital utilization business in accordance with relevant regulations. Corporate honors: 478th in the Fortune 500, 497th in the world's top 2000 listed companies, 137th in the “Fortune” China 500, “Fortune” 65th in China's top 500 listed companies, insurance company financial strength rating (IFSR) A2, basic credit assessment (BCA) A3, insurance company financial strength rating (IFS) A (strong), 234th in the 2023 list of the top 500 Asian brands, 84th in the 2023 China 500 most valuable insurance brands list, 2023 China's top 100 most valuable insurance brands 33rd place, 130th place in the 2023 list of the top 500 Chinese enterprises, 2023 BrandZ Top 10 Most Influential Chinese Insurance Brands, Golden Ding Award, 2023 Outstanding Life Insurance Company Award, 2023 Financial Industry Listed Company Outstanding Performance Award, Gold Management Insurance Brand Award, etc.

Company Profile

Short Name-A新华保险

Symbol-A601336

Short Name-H新华保险

Symbol-H01336

Company NameNew China Life Insurance Company Ltd.

Listing DateDec 16, 2011

Issue Price23.25

Shares Offered158.54M share(s)

FoundedSep 28, 1996

Listed ExchangeSH Stock Exchange

Legal Representativeyucheng yang

General Managerxingfeng gong

Secretaryzhiyongdai liu

Accounting FirmDeloitte Huayong Certified Public Accountants (Special General Partnership)

Securities Representativexiu xu

Legal CounselBeijing Commerce & Commerce Law Firm

Employees30221

Phone86-10-85213233

Office AddressXinhua Insurance Building, No. 12 Jianguomenwai Street, Chaoyang District, Beijing

Zip Code100022

Registered AddressNo. 16, Hunan East Road, Yanqing District, Beijing (Zhongguancun Yanqing Park)

Fax86-10-85213219

Emailir@newchinalife.com

Websitehttp://www.newchinalife.com

Business License110000009900854

Business1. Personal insurance in RMB and foreign currency (including various types of life insurance, health insurance, accident insurance); 2. Representing insurance, inspection, claims and other services for domestic and foreign insurance institutions; 3. Insurance consulting; 4. Engaging in capital utilization business in accordance with relevant regulations; 5. Other business approved by the China Insurance Regulatory Commission.

Company Executives

Name
Position
Salary

yucheng yang
Chairman, Directors, Chairman of the Executive Committee, Member of the Investment Committee, Chairman of the Strategy Committee, Chairman of the Assets, Liabilities and Investment Management Committee Under the Executive Committee
168.60K

xingda he
Non-executive Directors, Chairman of the Investment Committee, Member of Audit and Related Transactions Control Committee, Member of the Risk Management and Consumer Protection Committee
--

qiqiang li
Directors, Nominate Remuneration Committee Members, Member of Audit and Related Transactions Control Committee, Member of the Risk Management and Consumer Protection Committee
--

yi yang
Directors, Strategy Committee Member, Member of the Investment Committee
--

xue yang
Non-executive Directors, Nominate Remuneration Committee Members, Chairman of the Risk Management and Consumer Protection Committee
--

aimin hu
Directors, Strategy Committee Member, Member of the Investment Committee
--

xingfeng gong
Executive Director, President, Chief Financial Officer (and Head of Finance)
1.27M

xu xu
Independent Directors, Member of Audit and Related Transactions Control Committee, Member of the Risk Management and Consumer Protection Committee, Nominate the Chairman of the Remuneration Committee
293.30K

guanrong lai
Independent Directors, Member of Audit and Related Transactions Control Committee, Member of the Investment Committee, Strategy Committee Member
247.50K

yongqing guo
Independent Directors, Member of the Risk Management and Consumer Protection Committee, Chairman of the Audit and Related Transactions Control Committee, Nominate Remuneration Committee Members
293.30K