New China Life announces final 2024 dividend, director appointment

New China Life Insurance Co (HKEX: 1336) has announced its final dividend distribution for the year ended December 31, 2024, at RMB 1.99 per share, which will be paid on August 8, 2025, to H share shareholders. This dividend converts to HKD 2.17953211 per share based on an exchange rate of RMB 1: HKD 1.09524227, with withholding tax implications based on shareholder domicile. The company will withhold tax at rates varying from 10% to 20% depending on the shareholder's country of residence and applicable tax treaties with the PRC.