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
September 2, 2022
China Life Insurance Company Limited
(Translation of registrants 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 September 2, 2022, a copy of which is attached as Exhibit 99.1 hereto.
EXHIBIT LIST
Exhibit | Description | |
99.1 | Announcement, dated September 2, 2022 |
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/ Zhao Peng | |
(Signature) |
September 2, 2022 | Name: | Zhao Peng | ||||
Title: | Principal Executive Officer | |||||
Commission File Number 001-31914
EXHIBIT 99.1
ANNOUNCEMENT OF TERMINATION OF AMERICAN DEPOSITARY SHARES PROGRAM
Reference is made to the announcement of China Life Insurance Company Limited (the Company) dated 12 August 2022 in relation to the Companys voluntary delisting of its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregistration of such ADSs and underlying overseas listed shares of the Company (the H Shares) under the U.S. Securities Exchange Act of 1934, as amended.
The last day of trading of the Companys ADSs on the NYSE was 1 September 2022 (U.S. Eastern time) and the delisting of the Companys ADSs has taken effect on 2 September 2022 (U.S. Eastern time).
On 12 August 2022, the Company, as authorized by its board of directors, delivered a termination letter to Deutsche Bank Trust Company Americas (the Depositary), the depositary for the Companys ADSs, for the termination of the ADS program of the Company (the ADS Program).
As of 1 September 2022, the number of outstanding ADSs was 24,408,073 ADSs, equals to 122,040,365 H Shares, and the number of H Shares underlying the outstanding ADSs represented approximately 1.64% of the Companys total issued H Shares. On 31 August 2022 (U.S. Eastern time), the Depositary has given a notice to all holders of ADSs that the termination of the ADS Program will become effective on 11 November 2022 (U.S. Eastern time) (the Termination Date). The Company does not intend to seek a listing or registration on a national securities exchange in the U.S. or quotation of the H Shares in the U.S. after the termination of its ADS program and the deregistration of its ADSs and the underlying H Shares. H Shares of the Company will continue to be traded on The Stock Exchange of Hong Kong Limited.
Holders of ADSs will be able to surrender their ADSs to the Depositary for cancellation and to take delivery of the H Shares at any time prior to 11 May 2023, the expiry date of the six-month period following the Termination Date, with each ADS surrendered to be exchanged into 5 H Shares of the Company in accordance with the provisions of the Deposit Agreement entered into by and among the Company, the Depositary and the holders of ADSs and the terms and conditions of the ADSs. After 11 May 2023, the Depositary may sell the H Shares represented by the then outstanding ADSs and may thereafter hold the uninvested net proceeds of any such sale for the pro rata benefit of holders of ADSs not surrendered.
For more information regarding the termination of the ADS Program, please refer to the Frequently Asked Questions regarding Termination of the ADR Program of China Life Insurance Company Limited published by the Company on its website at http://e-95519.cn/7GVkb.
Commission File Number 001-31914
By Order of the Board China Life Insurance Company Limited Heng Victor Ja Wei Company Secretary |
Hong Kong, 2 September 2022
As at the date of this announcement, the Board of the Company comprises:
Executive Directors: |
Bai Tao, Li Mingguang, Huang Xiumei | |
Non-executive Director: |
Wang Junhui | |
Independent Non-executive Directors: |
Lam Chi Kuen, Zhai Haitao, Huang Yiping, Chen Jie |