China Life Insurance Company Limited

SHSE:601628 Stock Report

Market Cap: CN¥1.0t

China Life Insurance Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mingguang Li

Chief executive officer

CN¥552.2k

Total compensation

CEO salary percentage75.6%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure2.6yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mingguang Li's remuneration changed compared to China Life Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CN¥87b

Jun 30 2024n/an/a

CN¥25b

Mar 31 2024n/an/a

CN¥19b

Dec 31 2023CN¥552kCN¥418k

CN¥21b

Sep 30 2023n/an/a

CN¥39b

Jun 30 2023n/an/a

CN¥41b

Mar 31 2023n/an/a

CN¥40b

Dec 31 2022CN¥2mCN¥1m

CN¥32b

Sep 30 2022n/an/a

CN¥33b

Jun 30 2022n/an/a

CN¥35b

Mar 31 2022n/an/a

CN¥37b

Dec 31 2021CN¥2mCN¥1m

CN¥51b

Sep 30 2021n/an/a

CN¥51b

Jun 30 2021n/an/a

CN¥61b

Mar 31 2021n/an/a

CN¥62b

Dec 31 2020CN¥1mCN¥1m

CN¥50b

Sep 30 2020n/an/a

CN¥47b

Jun 30 2020n/an/a

CN¥51b

Mar 31 2020n/an/a

CN¥49b

Dec 31 2019CN¥1mCN¥597k

CN¥58b

Sep 30 2019n/an/a

CN¥49b

Jun 30 2019n/an/a

CN¥32b

Mar 31 2019n/an/a

CN¥24b

Dec 31 2018CN¥3mCN¥1m

CN¥11b

Sep 30 2018n/an/a

CN¥25b

Jun 30 2018n/an/a

CN¥36b

Mar 31 2018n/an/a

CN¥39b

Dec 31 2017CN¥1mCN¥1m

CN¥32b

Compensation vs Market: Mingguang's total compensation ($USD76.28K) is below average for companies of similar size in the CN market ($USD380.31K).

Compensation vs Earnings: Mingguang's compensation has been consistent with company performance over the past year.


CEO

Mingguang Li (55 yo)

1.3yrs

Tenure

CN¥552,200

Compensation

Mr. Mingguang Li has been President at China Life Insurance Company Limited since August 18, 2023 and serves as its Executive Director since June 27, 2024 and held the same position as Executive Director f...


Leadership Team

NamePositionTenureCompensationOwnership
Mingguang Li
President1.3yrsCN¥552.20kno data
Liu Hui
VP, Chief Investment Officer & Executive Directorless than a yearCN¥680.00kno data
Ruan Qi
VP, Chief Cybersecurity Officer8.1yrsCN¥1.66mno data
Chongmiao Xu
Chief Compliance Officer & Head of Compliance10.2yrsCN¥1.27mno data
Kai Bai
Vice President2.6yrsCN¥1.54mno data
Jin Hou
Chief Actuary & GM of Product Department1.3yrsCN¥87.10kno data
Ying Yuan
Chief Financial Officerless than a yearno datano data
Zhong Zhan
VP, Marketing Director & GM of Individual Insurance Division7.3yrsCN¥1.68mno data
Qun Huo
Assistant President5.1yrsno datano data
Ja Wei Heng
Company Secretaryno datano datano data
Grace Hou
Investor Relations Executiveno datano datano data

2.6yrs

Average Tenure

54yo

Average Age

Experienced Management: 601628's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mingguang Li
Presidentless than a yearCN¥552.20kno data
Liu Hui
VP, Chief Investment Officer & Executive Directorless than a yearCN¥680.00kno data
Ruan Qi
VP, Chief Cybersecurity Officerless than a yearCN¥1.66mno data
Yiping Huang
Independent Director2.3yrsCN¥420.00kno data
Junhui Wang
Non-Executive Director5.3yrsno datano data
Haitao Zhai
Independent Directorless than a yearCN¥420.00kno data
Chi Kuen Lam
Independent Directorless than a yearCN¥420.00kno data
Jie Chen
Independent Directorless than a yearCN¥420.00kno data
Jun Lai
Employee Representative Supervisor3.1yrsno datano data
Weiqing Cao
Chairman of the Board of Supervisor2yrsno datano data
Jin Hu
Member of Committeeless than a yearno datano data
Rong Hu
Member of Committeeless than a yearno datano data

0.5yrs

Average Tenure

55yo

Average Age

Experienced Board: 601628's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.