China Life: Plans to invest 2.8 billion yuan in Xinrui Kechuang Relay Fund

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People’s Financial News, March 25 — China Life Insurance (601628) announced on March 25 that it plans to contribute 2.8 billion yuan as a limited partner to Fujian Xinrui Technology Innovation Relay Equity Investment Partnership (Limited Partnership). The fund’s other limited partners include Fujian Provincial Government Investment Fund Co., Ltd. and Fuzhou JinTou Industry Investment Co., Ltd., along with general partners and special limited partners. The total committed capital of all partners is planned to be 4.0154 billion yuan. The fund focuses on the secondary private equity market, investing in technology innovation sectors supported by national policies through secondary fund share purchases and continuation restructuring funds, which helps improve investment returns for insurance funds and aligns with their allocation needs.

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