CHINA LIFE INSURANCE COMPANY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ANNOUNCEMENT ON THE PROGRESS
OF CONNECTED TRANSACTION IN RELATION TO
THE FORMATION OF PARTNERSHIP
Reference is made to the announcement of China Life Insurance Company Limited (the "Company") dated 23 July 2019 (the "Announcement") in relation to a connected transaction concerning the formation of the Partnership between the Company and other investors (each as a Limited Partner) and Xiongan Fund Management and CLIIM (each as a General Partner). Unless the context otherwise requires, the terms used herein shall have the same meanings as those defined in the Announcement.
As disclosed in the Announcement, the parties intended to enter into the Partnership Agreement by 31 December 2019. As there may be changes in the investors of the Partnership, the size of the Partnership may decrease, and corresponding amendments may need to be made to the terms of the Partnership Agreement, the parties will not be able to enter into the Partnership Agreement by 31 December 2019 as originally planned. The Company will make a further announcement when the terms of the Partnership Agreement are finalized by the parties.
By Order of the Board
China Life Insurance Company Limited
Heng Victor Ja Wei
Company Secretary
Hong Kong, 30 December 2019
As at the date of this announcement, the Board of the Company comprises:
Executive Directors: | Wang Bin, Su Hengxuan, Li Mingguang |
Non-executive Directors: | Yuan Changqing, Liu Huimin, Yin Zhaojun, Wang Junhui |
Independent Non-executiveDirectors: Chang Tso Tung Stephen, Robinson Drake Pike, Tang Xin, Leung Oi-Sie Elsie
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China Life Insurance Co. Ltd. published this content on 30 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 December 2019 08:40:09 UTC
