NCI Reports No Change in Share Capital for March 2026, Public Float Remains Compliant

Bulletin Express04-01

New China Life Insurance Company Ltd. (NCI) released its Monthly Return for the period ended 31 March 2026, confirming a stable share-capital structure with no new share issuances, cancellations or treasury activity during the month.

Total authorised and registered share capital stood at 3.12 billion shares with a par value of RMB 1 each, unchanged from February. The structure remains split between 1.03 billion H-shares listed in Hong Kong and 2.09 billion A-shares listed in Shanghai.

Issued share capital mirrored the authorised amounts: 1.03 billion H-shares and 2.09 billion A-shares. The company held zero treasury shares across both classes, indicating that all outstanding shares remain in public hands.

NCI confirmed full compliance with the Hong Kong Stock Exchange’s minimum public float requirement—set at 5% of the relevant share class for PRC issuers—underscoring adequate liquidity in the market.

The insurer reported no activity under share-option plans, warrants, convertibles, or other equity-linked instruments, and there were no other movements in issued or treasury shares.

Overall, NCI’s capital base and share count were unchanged throughout March 2026, reflecting a period of equity stability ahead of the next reporting cycle.

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