6-K

Commission File Number 001-31914

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

February 14, 2020

China Life Insurance Company Limited

(Translation of registrant’s name into English)

16 Financial Street

Xicheng District

Beijing 100033, China

Tel: (86-10) 6363-3333

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes  ☐             No   ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                    

Commission File Number 001-31914

China Life Insurance Company Limited issued an announcement on February 14, 2020, a copy of which is attached as Exhibit 99.1 hereto.

EXHIBIT LIST

Exhibit	Description
99.1	Announcement, dated February 14, 2020

Commission File Number 001-31914

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		China Life Insurance Company Limited
		(Registrant)
	By:	/s/ Su Hengxuan
		(Signature)
February 14, 2020	Name:	Su Hengxuan
	Title:	President and Executive Director

EX-99.1

Commission File Number 001-31914

Exhibit 99.1

INDICATIVE ANNOUNCEMENT

APPROVAL BY THE CBIRC OF GRATUITOUS TRANSFER OF THE

CONTROLLING SHAREHOLDER’S PARTIAL STATE-OWNED

SHARES

China Life Insurance Company Limited (the “Company”) has recently received a notice from its controlling shareholder, China Life Insurance (Group) Company (“CLIC”), stating that the China Banking and Insurance Regulatory Commission (the “CBIRC”) has approved the one-off transfer by the Ministry of Finance of the PRC (the “MOF”) of 10% of its equity interest in CLIC to the National Council for Social Security Fund (the “SSF”) (the “Gratuitous Transfer”). The Gratuitous Transfer is made for the purpose of consistently carrying out the relevant arrangements under the Notice of the State Council on Issuing the Implementation Plan for Transferring Part of State-owned Capital to Supplement Social Security Fund (Guo Fa [2017] No. 49).

Prior to the completion of the Gratuitous Transfer, the MOF holds 100% equity interest in CLIC, which in turn holds 68.37% equity interest in the Company. Therefore, CLIC is the controlling shareholder of the Company, and the MOF is the effective controller of the Company. The shareholding structure is as follows:

Upon completion of the Gratuitous Transfer, the MOF and the SSF will hold 90% and 10% equity interest in CLIC, respectively, which in turn holds 68.37% equity interest in the Company. Therefore, CLIC will remain as the controlling shareholder of the Company, and the MOF will remain as the effective controller of the Company. The shareholding structure is as follows:

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The Gratuitous Transfer will not result in any change of the controlling shareholder or effective controller of the Company.

By Order of the Board

China Life Insurance Company Limited

Heng Victor Ja Wei

Company Secretary

Hong Kong, 14 February 2020

As at the date of this announcement, the Board of the Company comprises:

Executive Directors:	Wang Bin, Su Hengxuan, Li Mingguang
Non-executive Directors:	Yuan Changqing, Liu Huimin, Yin Zhaojun, Wang Junhui
Independent Non-executive Directors:	Chang Tso Tung Stephen, Robinson Drake Pike, Tang Xin, Leung Oi-Sie Elsie

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