On the Record · China Life Insurance
China Life Insurance acquisitions, on the record
The businesses China Life Insurance bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
CL SalesWord for word“For the year ended 31 December 2021, the Company injected capital of RMB 500 million to CL Sales, a wholly owned subsidiary of CLIC, and acquired 90.81% of the shareholders’ equity.” 20-F for 2021 | acquisition | For the year ended 31 December 2021 | RMB 500 million |
CL Tianjin HealthWord for word“On 8 December 2022, CL Pension Industry injected capital of RMB728 million to CL Tianjin Health, a wholly owned subsidiary of CLIC, and acquired 99.99% of the shareholders’ equity.” 20-F for 2022 | acquisition | On 8 December 2022 | RMB728 million |
Read from China Life Insurance’s annual reports (20-F for 2022, 20-F for 2021, 20-F for 2020, 20-F for 2019) and the financial data it files with the SEC, as of 2023-04-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.