According to China Life Insurance's announcement, the company's non-wholly-owned subsidiary pension insurance company and related party property insurance company intend to establish a partnership agreement with general partner SDIC Pilot and others before December 31, 2026 to establish a partnership with a total pledged capital of 20 billion yuan. Among them, pension insurance companies plan to pledge an investment of 200,000 billion yuan, and property insurance companies plan to pledge an investment of 200,000 billion yuan. The partnership will invest in the three leading industries of integrated circuits, biomedicine, and artificial intelligence in Shanghai, with SDIC as the lead manager. This transaction constitutes a connected transaction under the listing rules. It only requires compliance with reporting and announcement requirements, and is exempt from independent shareholders' approval.

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