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China Life Insurance Group: 2024 Consolidated Operating Income RMB1.1T+; 3 New Growth Poles To Be Cultivated
Recommend 21 Positive 43 Negative 22 |
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In 2024, China Life Insurance Group's three major business segments, naming insurance, investment and banking, had made concerted efforts, with the total new insurance amount in the domestic market exceeding RMB700 trillion, and the scale of investment in the real economy directly served by insurance funds amounting to approx. RMB5 trillion, China Life Insurance Group held the Conference on Further Deepening Reform and Promoting High-Quality Development Comprehensively and 2025 Working Meeting in Beijing saying. Business development logged new highs, with the Group's consolidated operating revenue/ consolidated premium income surpassing RMB1.1 trillion/ RMB820 billion and consolidated net profit surging YoY. The meeting emphasized that the Company will actively cultivate 3 major new growth poles, and focus on 3 major areas, naming pension, health and wealth management, striving to build 3 new listing platforms, coordinating connotative development with extensional growth, so as to improve quality and enhance efficiency in accordance with listing standards, and actively boost annual operating results. AAStocks Financial News |
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