Full Year 2020 New China Life Insurance Co Ltd Earnings Call (Chinese, English) Transcript

Mar 25, 2021

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Mar 25, 2021 / 01:30AM GMT
Xingfeng Gong - New China Life Insurance Company Ltd. - VP, Chief Actuary, Board Secretary & Joint Company Secretary

Ladies and gentlemen, good morning. Welcome to NCI's 2020 Annual Results Announcement. I'm Gong Xingfeng, the Vice President, Chief Actuary and Board Secretary of NCI. I will preside over this conference.

Firstly, I would like to present the management today. They are Mr. Li Quan, CEO and President; Mr. Yang Zheng, CFO and Vice President; Mr. Li Yuan, Vice President; Mr. Yu Zhigang, Vice President. There are 2 sessions. The first one will be the overall performance of 2020, and the second one will be the Q&A session. We will provide interpreting for all the people online.

(Operator Instructions) Firstly, let's start the presentation session. Mr. Li Quan will introduce the 2020 overall performance and the outlook. Mr. Yang Zheng will introduce the financials and investments. I will introduce the embedded value.

Now let's give the floor to Mr. Li Quan.

Quan Li - New China Life Insurance Company Ltd. - CEO, President &

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