Zhitong Finance App News, China Life Insurance (02628.HK) announced that the company plans to sign a share transfer agreement with the controlling shareholder Group Company by December 31, 2026. According to this, the company will sell 33.73% of its shares in the pension insurance company to the group company at a cost of approximately RMB 4.146.4 billion; and the asset management company, a non-wholly-owned subsidiary of the company, plans to enter into an asset management company share transfer agreement with the group company before December 31, 2026. According to this, the asset management company will sell 3.53% of the pension insurance company's holdings to the group of companies The cost of equity is approximately RMB 434 million.

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