China Life Insurance Fund Management Co., Ltd. was established by China Life Insurance (60 1628) Asset Management Co., Ltd. and Guarantee Capital Investment Co., Ltd. with a registered capital of 588 million yuan. Among them, China Life Asset Management Co., Ltd. invested 500 million yuan, accounting for 85.03%; Security Capital Investment Co., Ltd. contributed RMB 88 million, accounting for 65,438+04.97% of the shares. After its establishment, the company will engage in fund raising, fund sales, asset management and other businesses permitted by China Securities Regulatory Commission. 1 this is the first insurance fund company established after the implementation of the new insurance investment policy and the pilot measures for the establishment of fund management companies by insurance institutions, and it is also the largest joint venture fund company with registered capital in China.