---
title: "China Life revamps profit distribution in connected investment partnership"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293731280.md"
description: "China Life Insurance Co (HK:2628) announced a revision to the profit distribution mechanism of its connected investment partnership with China Life Jiangsu and others. The new model, effective via a supplemental agreement by end-2026, shifts from project-based allocation to overall partnership performance. It prioritizes capital return and an 8% hurdle rate before splitting excess income 80/20 between limited and general partners. The board deemed the terms fair and beneficial."
datetime: "2026-07-24T09:16:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293731280.md)
  - [en](https://longbridge.com/en/news/293731280.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293731280.md)
generator: "portal-rs"
---

# China Life revamps profit distribution in connected investment partnership

China Life Insurance Co ( (HK:2628) ) has shared an announcement.

China Life Insurance Company Limited has announced a change to the profit distribution mechanism of a connected investment partnership formed with China Life Jiangsu, Jiangsu Fund and China Life Property and Casualty Insurance. The partners plan to sign a supplemental agreement by the end of 2026, shifting from project-based profit allocation to a model based on the overall performance of the partnership, aligning more closely with market practices.

Under the new structure, capital will first be returned to limited partners, then to the general partner, followed by an 8% annualized return hurdle for both before remaining excess income is split 80% to limited partners and 20% to the general partner. The board considers the revised terms fair, commercially reasonable and beneficial to shareholders, noting that several directors with roles in related entities abstained from voting on the resolution to avoid conflicts of interest.

The most recent analyst rating on (HK:2628) stock is a Buy  
 with a HK$35.00 price target.  
 To see the full list of analyst forecasts on China Life Insurance Co stock,  
 see the HK:2628 Stock Forecast page. 

**More about China Life Insurance Co**

China Life Insurance Company Limited is a leading life insurance provider in China, operating as a joint stock company with limited liability and listed in Hong Kong. The company focuses on life insurance and related financial services, supported by its state-owned controlling shareholder China Life Insurance (Group) Company and its affiliated subsidiaries.

**Average Trading Volume:** 56,301,693

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$1195B

Find detailed analytics on 2628 stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**