China Life Insurance: Articles of Association Amendments Approved by Regulators, Supervisory Board to Be Disbanded

Deep News2025-12-24

On December 24, China Life Insurance Company Limited announced that it has received approval from the National Financial Regulatory Administration (NFRA) for amendments to its Articles of Association (Approval No. Jin Fu [2025] 752). The amendments, passed during the company's first extraordinary general meeting in 2025, have now been officially ratified by regulators.

Following the approval, the company will no longer maintain a Supervisory Board. The responsibilities previously held by the Supervisory Board under China's Company Law and regulatory requirements will now be assumed by the Board's Audit Committee.

Consequently, Mr. Cao Weiqing, Mr. Gu Haishan, Ms. Ye Yinglan, and Mr. Dong Haifeng will step down from their roles as supervisors. The company confirmed that there are no disagreements between these individuals and the company, nor any other matters requiring shareholders' attention.

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