New China Life posts strong first-half 2025 earnings, board changes

For the six months ended June 30, 2025, New China Life Insurance Co. reported total revenues of RMB69,429 million, a 25.5% year-on-year increase. Net profit attributable to shareholders was RMB14,799 million, up 33.5%. The company proposes an interim cash dividend of RMB0.67 per share, totaling approximately RMB2,090 million. The annualized total investment yield reached 5.9%, and comprehensive solvency margin ratio stood at 256.01% as of June 30, 2025.

In parallel with its financial reporting, the board of directors announced adjustments to the composition of its committees. Mr. ZHANG Xiaodong was appointed as a member of the Audit and Related Party Transaction Control Committee, the Nomination and Remuneration Committee, and the Risk Management and Consumer Rights Protection Committee. Mr. YANG Yucheng remains chairman and executive director. These changes reflect ongoing governance refinements.