NCI Adds Dividend and New Quality Productive Force Equities in H1 Market Adjustment

On August 27, New China Life Insurance (NCI) held its 2026 interim results briefing. Chen Yijiang, President of NCI Asset Management, stated at the briefing that a diversified investment strategy is NCI's established strategic direction. During the 15th Five-Year Plan period, the transition of economic drivers and the accelerated development of strategic emerging industries provide broad space for diversified investment of insurance funds.

Chen Yijiang noted that NCI continues to leverage the pilot opportunity for long-term capital reform. The Honghu Fund has contributed a cumulative RMB 46.25 billion, holding long-term positions in high-dividend industry leaders such as Yili, China Telecom, and Shaanxi Coal. In the first half of 2026, NCI increased allocations to dividend and new quality productive force equities amid the equity market adjustment, while continuing to play the enabling role of long-term capital in alternative investment markets. During the period, NCI participated in REITs projects involving JD. com and China Resources, and took part in IPO strategic placements for HKC and China Resources New Energy.

In terms of technology innovation and new quality productive force investment, NCI has designated the new economy as a core research area, established a strategic emerging industry research group, and built an expert database covering major strategic emerging industries. In investment deployment, NCI pursues both secondary and primary markets. In the secondary market, NCI participated in Cambricon's private placement; in the primary market, it joined HKC's IPO strategic placement and, through innovative methods such as establishing new funds and S funds, acquired shares in the Shanghai Integrated Circuit Industry Investment Fund. Additionally, leveraging the CIC ecosystem resources, NCI is exploring a cooperation model combining insurance funds, industry leaders, and professional institutions.