China Life Insurance Co., Ltd. provided earnings guidance for the year ended December 31, 2016. Based on the Company's preliminary estimates, it is estimated that the net profit attributable to equity holders of the Company for the year 2016 may decrease by a range of 40% to 50% as compared to the net profit attributable to equity holders of the company for the year 2015. The estimated decrease in the results for the year 2016 is mainly attributable to the decrease in investment income and the impact of the update of discount rate assumption of reserves of traditional insurance contracts.