China Life Insurance Co. Ltd. Class A · SSE:601628
China Life Insurance Co. Ltd. Class A — Investor Day (October 2023)
25 slides from China Life Insurance Co. Ltd. Class A's investor day presentation, Oct 30, 2023
Slide 1: Insurance + Senior Care Make Life Better: China Life's Distinctive Senior Care Ecosystem
Exhibit 99.3 INSURANCE + SENIOR CARE MAKE LIFE BETTER China Life's Distinctive Senior Care Ecosystem 31 October 2023｜Tianjin
Slide 2: Forward-Looking Statement
FORWARD- LOOKING STATEMENT Certain statements contained in this presentation may be viewed as“forward-lookingstatements” as defined by Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known
Slide 3: Intention, Dedication, Confidence
Intention Dedication Confidence
Slide 4: Intention
Intention GC tBs2 | Qo
Slide 5: Intention | Response to Changes and Policy Supports
Intention｜Response to Changes and Policy Supports National policies to encourage and regulate the participation of Population Aging commercial insurance companies in the senior-care service system 15% of the population is aged 65 or over Participate in the creation of a Increased by 5pps Medium- and
Slide 6: Intention | Meet Clients Needs
Intention｜Meet Clients Needs Pension Parenting China Life’s insurance Senior Care Ecosystem Reassures Children Puts Seniors at Ease Under- Lack of Senior care Health saving care services insurance Risks Diseases Accidents Medical Health services management Caregiving to elderly parents Chinese tradi
Slide 7: Intention | Contribute to Company Development
Intention｜Contribute to Company Development Insurance + Senior Care Client Sales Team Experience Reform Product Business Innovation Development Empower Meet business client needs development Extend the value and service chain of insurance 77
Slide 8: Intention | Clear Strategic Positioning
Intention｜Clear Strategic Positioning China Life is committed to its original aspiration of “Serving the Overall Interests of National Development and Safeguarding People’s Wellbeing”, fully launching the Healthcare and Senior Care Project, and clearly positioning the construction of the healthcare
Slide 9: Dedication
Dedication 99
Slide 10: Dedication | Principles for the Construction of China Life's Senior Care Ecosystem
Dedication｜Principles for the Construction of China Life's Senior Care Ecosystem Adhere to Adhere to customer- long-termism centric approach Adhere to market- Adhere to rolling oriented operation development 10 10
Slide 11: Dedication | Development Goal of Senior Care Ecosystem
Dedication｜Development Goal of Senior Care Ecosystem Build a high-quality and efficient management system for senior care services with enhanced assets/liabilities interaction, to rapidly establish the capability for health and senior care service offerings in selected cities to better satisfy clien
Slide 12: Dedication | Development Model for Senior Care Services in City Centers and Ancillary Areas
Dedication｜Development Model for Senior Care Services in City Centers and Ancillary Areas Centralize resources to City centers prioritize meeting clients’ as the focus essential demands Residential 60% of clients prefer Seniors are most senior care senior care services concerned about Greater market
Slide 13: Perseverance | Continuously Expanding Deployment of Senior-Care Facilities
Perseverance｜Continuously Expanding Deployment of Senior-Care Facilities Cover about 30 cities by the end of the 14th Five-Year Plan Senior care Projects in progress offering (covering 13 cities) China Life Building (Hangzhou), Qingdao Senior care apartments Senior-care Apartment, Shenzhen Baochun i
Slide 14: Dedication | Provide Abundant, Professional and Safe Senior Care Services
Dedication｜Provide “Abundant, Professional and Safe” Senior Care Services Abundance • Catering for the elderly and Eating nutrition management Entertainment • Varieties of activities and entertainments • Beautiful and safe living Housing environment • University for the elderly Learning and expert f
Slide 15: Dedication | Diversified Pension Insurance Products
Dedication｜Diversified Pension Insurance Products Exclusive Pension Insurance Plan 01 Play the role of insurance payment • Annuity + Care Package - Yiyang Ankang Shoring up for retirement annuity, long-term care insurance rider, etc. Senior care based products Supply of 02 Cumulative diversified • P
Slide 16: Dedication | Establish a Convenient and Warm-hearted Service Delivery System
Dedication | Establish a Convenient and Warm-hearted Service Delivery System Established a dedicated team of senior care planners to provide tailor-made Dedicated team comprehensive solutions for clients Online + Offline Launched the elderly mode, the first mobile application in the China Life APP i
Slide 17: Dedication | Enhanced Full Process Management of Senior Care Ecosystem
Dedication | Enhanced Full Process Management of Senior Care Ecosystem China Life's ecological operation management platform for senior care Coordinate with the Life insurance APP China Life Group’s direct/integrated Service Marketing suppliers Client Order Supplier project activity Mini programs (f
Slide 18: Confidence
Confidence
Slide 19: Confidence | Matching Insurance + Senior Care with China Life's Characteristics
Confidence | Matching Insurance + Senior Care with China Life's Characteristics Features of the China Life's senior care industry characteristics Long cycle Robustness Large Safety investment Complex Professional operation 19 19
Slide 20: Confidence | Superior Strength and Sound Operations
Confidence | Superior Strength and Sound Operations 内含价值 Gross written Embedded value premiums Solvency ratio No. 1 in the No. 1 since the Long-term Remaining strong continuously leaders in business industry since insurance separated Strong and value solvency public listing operation Net profit Tota
Slide 21: Confidence | Know Clients Better
Confidence | Know Clients Better Profiles of middle-aged and senior client group of China Life Strong Categorized a demands for Corporate client great number Prefer warm senior care of clients human touch resources services Accumulatively offered services Conducted to individuals customer research v
Slide 22: Confidence | Service Network Covering the Entire Country
Confidence | Service Network Covering the Entire Country Geographic penetration and distribution of customer service Heilongjiang Jilin Sales force Xinjiang Liaoning 720,000 Inner Mongolia Beijing Gansu Dalian Tianjin Symbols Beijing Capital city Hebei Tianjin Provincial administrative center Distri
Slide 23: Confidence | Own a Network of Professional Healthcare and Senior Care Resources
Confidence | Own a Network of Professional Healthcare and Senior Care Resources Medical Medical Digital Life science technology services healthcare 华西牙科 More than 50 leading More than 30 local More than 60 large-scale enterprises in the healthcare governments enterprises and senior care sector 23 23
Slide 24: Looking ahead, China Life will ride on the momentum
Looking ahead, China Life will ride on the momentum and quickly respond to market demands. From a tiny spark to a starry sky, we do our best to ensure that senior people are looked after properly, age with dignity, and find delights in life. Make retirement life simpler, make retirement life better!
Slide 25: Thank You
THANK YOU