China Life Insurance announces RMB 0.238 half-year A-share dividend

China Life Insurance Company Limited (SSE:601628) has announced its A-share profit distribution plan for the first half of 2025, with a cash dividend of RMB 0.238 per share (inclusive of tax). The total cash dividend to be distributed amounts to RMB 6.727 billion, based on the company's total share capital of 28,264,705,000 shares. The distribution plan was approved at the company's first extraordinary general meeting on September 25, 2025.

The equity registration date for A-share shareholders is October 16, 2025, with the cash dividend scheduled for distribution on October 17, 2025. The company confirmed that its solvency remains adequate after this dividend distribution, meeting regulatory requirements.

For A-share natural person shareholders and investment funds, no income tax will be withheld initially, but tax will be calculated based on the holding period upon share transfer. Qualified Foreign Institutional Investors (QFII) will have a 10% enterprise income tax withheld, resulting in a net cash dividend of RMB 0.2142 per share. Hong Kong market investors through the Shanghai-Hong Kong Stock Connect will also face a 10% tax withholding. Other corporate shareholders and institutional investors are responsible for assessing and paying their own corporate income tax.