After Wang Bin, chairman of China Life Insurance Group, was investigated, whether the Wanda information invested by China Life was involved in Wang Bin's case attracted great attention.

  On January 9, a Shenzhen Stock Exchange Interactive Yi user asked Wanda Information (300168.SZ), "Is the company involved in the Wang Bin case?" "Is the investment of life insurance funds in Wanda (Information) qualified?"

  At noon on January 10, Wanda Information replied that at present, the company's production and operation are running normally, and the ongoing business cooperation between Wanda Information, China Life Group and various member units within the group is in normal development, and the company's fixed increase is also normal. in progress.

  Wanda Information stated that China Life actively responded to the call of the CPC Central Committee to bail out the economy of private enterprises, and became the largest shareholder of Wanda Information in November 2019 through agreements such as transfer and increased holdings in the secondary market.

China Life has strategically invested in Wanda Information, and is firmly optimistic about the broad prospects of strategic and business synergy with Wanda Information.

At present, the cooperation between the two parties has implemented projects in medical insurance payment, insurance technology, health services, elderly care services, and credit innovation.

  Regarding China Life's investment in Wanda Information, Wanda Information replied that the China Banking and Insurance Regulatory Commission stipulates that the total number of shares invested by insurance companies in a single listed company shall not exceed 10% of the total share capital of the listed company, unless otherwise stipulated by the China Insurance Regulatory Commission or approved by the China Banking and Insurance Regulatory Commission. .

According to the "Approval for Increase in Shareholding" issued by the China Banking and Insurance Regulatory Commission, it is agreed in principle that China Life will use its own funds to increase its shareholding in Wanda Information, and the shareholding ratio will not exceed 25% after the completion of the increase.

The investment of China Life Insurance funds in Wanda Information complies with laws and regulations and is fully qualified.

As the company's largest shareholder, China Life has been actively fulfilling its shareholder responsibilities and giving the company all-round support.

  On January 8, the website of the Central Commission for Discipline Inspection and the State Supervision Commission announced that Wang Bin, Secretary of the Party Committee and Chairman of China Life Insurance (Group) Company, was suspected of serious violations of discipline and law.

  Wanda Information also stated that the company's party committee firmly supports the central government's decision and will pay close attention to the review and investigation results.

  In December 2018, China Life purchased 55 million shares of Wanda Information (about 5% of the total share capital of the listed company) through the transfer of China Life Assets-Phoenix special product through agreement.

China Life has thus become the third largest shareholder of Wanda Information.

Since then, China Life and its concerted actions, China Life Assets, and China Life Group have successively increased their stakes in Wanda Information, becoming the latter's largest shareholder.

  When China Life invested in Wanda Information, Wang Bin was the chairman of China Life.

In August 2019, Zhao Peng, the then vice president of China Life, said in an interview with The Paper and other media after China Life's 2019 interim results conference, that the investment in Wanda Information, the announcement that should be issued online, (the equity transfer failed. ) is mainly due to the fact that the creditor does not have the form of transfer through a large-value agreement, and this condition is not met.

But China Life is still optimistic about this company, so it increased its holdings through the secondary market.

  In August 2020, Wanda Information announced that it plans to introduce China Life as a strategic investor in the non-public issuance of A shares.

According to the announcement, the number of shares in this non-public offering does not exceed 92,850,500 shares (including the principal, that is, 7.84% of the total share capital before the issuance), the issue price is 21.54 yuan per share, and the raised funds do not exceed 2 billion yuan, all of which are owned by China Life Insurance. subscribe.

If the private placement of Wanda Information is successful, the shareholding ratio of China Life and its concerted action China Life Group will increase to 24.15%.

  However, in March 2021, China Life announced that due to changes in the current capital market environment, the effective terms of the "Share Subscription Agreement" with Wanda Information could not be reached.

  In August of that year, Wanda Information launched another plan to issue stocks to specific investors. It planned to issue stocks to no more than 35 (including 35) specific investors to raise a total of no more than 3 billion yuan. 30% of the company's total share capital before the issue of a specific object.

  Wanda Information is a leading technology company in the people's livelihood service and smart city informatization industry.

At present, in the Wanda information management team, Chairman Kuang Tao, President Hu Hongwei, and Chief Financial Officer Chen Lina are all from China Life.

  As of press time, Wanda Information’s stock price fell about 6%.