Commission File Number 001-31914

EXHIBIT 99.1

中 國 人 壽 保 險 股 份 有 限 公 司

CHINA LIFE INSURANCE COMPANY LIMITED

(A joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 2628)

Announcement on the Resolutions of the Seventeenth Meeting of the Sixth Session of the Board of Directors of China Life Insurance Company Limited

The seventeenth meeting (the “Meeting”) of the sixth session of the Board of Directors (the “Board”) of China Life Insurance Company Limited (the “Company”) was held on August 15, 2019 by means of a written review and telecommunication voting. The directors were notified of the Meeting by way of a written notice dated August 12, 2019. All of the Company’s nine directors attended the Meeting and cast their votes. The time, venue of the Meeting and the manner in which the Meeting was convened are in accordance with the Company Law of the People’s Republic of China and the provisions under relevant laws, administrative regulations, departmental rules, Articles of Association of the Company and Rules of Procedures for the Board of Directors of the Company

The following resolution was reviewed and passed at the Meeting:

1. The Proposal on Nominating the Candidate for the Director and President of China Guangfa Bank Co., Ltd.

Voting result: 9 for, 0 against, with no abstention

Board of Directors of China Life Insurance Company Limited

August 15, 2019

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