China Life Independent Director Lin Zhiquan's 2025 Annual Performance Report Released, Emphasizing Strengthening Audit Oversight and Protecting Shareholders' Rights

China Visitor Network Data
China Life Insurance Co., Ltd. Independent Director Lin Zhiquan recently released the 2025 annual performance report, summarizing his duties over the past year. The report shows that in 2025, Lin Zhiquan strictly followed relevant laws, regulations, and the company’s articles of association, diligently performing his duties. He personally attended 6 board meetings, 13 audit committee meetings, 8 nomination and remuneration committee meetings, 4 related-party transaction control committee meetings, and 5 independent director special meetings, voting in favor on all matters reviewed.

During his tenure, Lin Zhiquan focused on key areas such as related-party transactions, financial reporting, internal control evaluation, and senior management nomination and compensation. He reviewed the company’s financial reports for 2024 and 2025, believing they truthfully, accurately, and completely reflected the company’s status. Regarding related-party transaction management, he thoroughly examined their necessity, feasibility, and risks. Additionally, he participated in communications with external auditors and expressed his approval for reappointing Ernst & Young Hua Ming and Ernst & Young Certified Public Accountants as the 2025 audit firms.

Lin Zhiquan actively communicated with small and medium shareholders through attending the shareholders’ meeting, earnings release conferences, and participating in on-site investigations organized by the company (such as visiting the Shanghai branch and alternative investment projects). He also attended multiple professional training sessions to enhance his performance capabilities.

In the final part of the report, Lin Zhiquan provided his outlook for 2026. He stated that he will, in accordance with the revised corporate governance rules, strictly fulfill the responsibilities of an independent director and the audit committee (which will exercise the powers of the supervisory board), with a particular focus on reviewing financial information and strengthening the oversight of internal and external audit processes to effectively protect the legitimate rights and interests of the company and all shareholders, especially social public shareholders and small and medium shareholders.