Zhao Peng, from People's Insurance Company of China: The rise in the company's stock price this year is the result of multiple factors working together. We will continue to prioritize market value management work.

At the mid-year performance conference in 2025 today, regarding the rise in stock price of China Life Insurance since the beginning of this year, Zhao Peng, Vice Chairman and President of China Life Insurance, said that this is the result of multiple factors working together. Firstly, the high-quality development of China's economy and society has brought historic development opportunities to the insurance industry. Secondly, the development environment continues to improve. Thirdly, China Life's fundamentals continue to improve, and its ability to create value has significantly increased. Looking ahead, China Life will continue to attach great importance to market value management, while simultaneously improving its abilities in stable growth and market communication related to market value management, using growth in capabilities to promote an increase in valuation space.