Qinhuangdao Port: China Life increases stake above 5%

China Life Insurance Co. Ltd. (长城人寿) has increased its stake in Qinhuangdao Port Co., Ltd. (秦皇岛港股份有限公司) to 5.0005% via secondary market trading. The acquisition of 4,400,000 A shares on June 16, 2025, brings China Life's total holdings to 279,400,000 shares, consisting of 21,400,000 A shares and 258,000,000 H shares. The funds for the share increase came from the insurer's own capital and traditional insurance liability reserves. The transaction will not result in a change of controlling shareholder. China Life has issued a detailed equity change report on the Shanghai Stock Exchange website. Qinhuangdao Port released the announcement on June 18, 2025.