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ZHONG LUN ADVISED CHINA LIFE ON ITS INVESTMENT IN US UBER

China Life Insurance Company Limited (“China Life”) recently completed a transaction whereby it made investment in Uber Technologies, Inc. by subscribing its Series E Preferred Stock. The project was the first amongst the outbound investments made by Chinese insurance companies in an industry other than real estate and finance recently. Zhong Lun Law Firm (China) represented China Life in the transaction and provided full legal services for this project, including legal due diligence, issuing Chinese legal opinion, reviewing transaction documents, and assisting in the filing with China Insurance Regulatory Commission, etc.

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