Technology and Internet
SOEs Mixed Ownership Reform
Financial and commercial service
Financial and commercial service is one of our focal area. Our background as an investment arm of China’s largest commercial insurance group endows us with great advantage both in investing in financial and commercial companies and in helping them achieving better growth.
Our goal is to partner with leaders within both traditional financial firms and innovative financial services and help them maximize potential values.Thus far, we have invested in several financial and commercial companies, ranging from banks, trust companies, equity investment firms, asset management companies, fin-tech firms. Our investment in this sector amounted to RMB15bn.
Participated in the mixed ownership reform of China Huarong Asset Management Company as its third largest shareholder. Huarong is one of the four major financial asset management companies in China.Visit Link
Invested in Chongqing International Trust Co., Ltd as its second largest shareholder. In 2016, it has the highest net profits in its sector.Visit Link
Healthcare industry is an emerging sector embracing great market potentials. As the development of the society and human’s life style, Healthcare industry is facing with ever promising opportunities.
Healthcare industry is highly synergetic to insurance business, thus always a focal area of China Life. China Life Equity Investment Company has a very professional investment team focusing on healthcare industry.
Our accumulated investment in healthcare industry has reached RMB6bn. Our portfolio companies range from healthcare service, healthcare insurance, healthcare IT, pharmaceutical manufacturing and distribution, medical devices and other healthcare related busineses.
Invested in BGI Genomics Co., Ltd., a Chinese genome technology company with the largest DNA sample database.Visit Link
Invested in Mindray Biomedical Electronics Co., Ltd, the largest medical equipment manufacturer and solutions provider in China.Visit Link
Invested in Innovent Biologics Inc., which is aiming to be the best biopharmaceutical company in China and amongst the best in the world.Visit Link
Invested in Wuxi AppTec, a leading global company for pharmaceuticals manufacturing, biotechnology and medical device R & D and technology.Visit Link
Invested in Annoroad Genomics, one of the first units approved as a clinical high-throughput sequencing pilot laboratory.Visit Link
Invested in Sinopharm Financial Leasing Co., Ltd, which is affiliated to the largest Chinese medical and healthcare group Sinopharm Group.Visit Link
Invested in Shanghai Kingstar Winning Software Technology Co., Ltd, a leading Chinese medical insurance computerization company.Visit Link
Invested in Dareway Software Co., Ltd, one of the 9 IT service providers which are recognized to satisfy all of MoHRSS’s 6 criteria for social security IT support providers.Visit Link
Chinese internet based New Economy has been scaling up very quickly. A variety of infrastructures are emerging rapidly as the fundaments and engines of New Economy.
China Life Equity Investment Company follow closely with the innovations and changes in the ecology of New Economy, select and invest in leaders and pioneers within in logistics, warehouse, data services etc., to provide them with capitals for better development.
Invested in S.F. Express Co., Ltd., the largest Chinese express delivery company in terms of total revenue in 2016.Visit Link
Invested in GLP, the largest industrial and logistics equipment service provider in the world.Visit Link
Technology and Internet
Internet is booming at a scale beyond our imagination. Cloud computing, big data and AI are competing for continuous surprises by bringing in disruptive technologies and firms which are capable of changing the world.
We are watching these developments and innovations closely, trying to identify candidate firms and entrepreneurs with great potentials. Our goal is to scale them up and help them maximize their values in changing and benefiting the world.
Invested in the largest Chinese B2C electronic commercial business platform — JD.com, which owns the largest logistics infrastructure and service team in the E-commerce sector.Visit Link
Invested in Didi Chuxing, the largest Chinese mobile transportation platform.Visit Link
SOEs Mixed Ownership Reform
SOE mixed ownership reform is one of the focal areas in the current reforms in SOEs in China. China Life, as the largest commercial insurance group in China, has been actively participating in the SOE mixed ownership reform to help real economy and SOEs seizing the opportunities to mobilize and vitalize SOE potentials.
China Life Private Equity Investment Company has been engaging in several SOE mixed ownership reforms in finance, energy as well as other fields.
Sinopec Sales is a subsidiary of Sinopec Corporation, mainly in charge of sale, storage, distribution of oil, gas as well as development of new emerging energy etc.Visit Link
Globalization of industries and global allocation of financial assets are driving overseas investment with strong force. China Life Private Equity Investment Company actively pursuing for good assets and targets for investment; while at the same time, providing our overseas portfolios with China access to the 2nd largest economy, and thus achieve more valuable growth. Our investment team has been tirelessly engaging in a series of overseas investments, our portfolios include financial service firms, auto service companies, and internet enterprise, accumulating valuable experiences.