Is China Life E-Commerce Co., Ltd. a state-owned enterprise?

Yes Relevant information shows that China Life E-Commerce Co., Ltd. (hereinafter referred to as "China Life E-Commerce") was formally established on February 6, 20 13 with the approval of the Ministry of Finance and the China Insurance Regulatory Commission. It is a wholly-owned subsidiary of China Life Insurance (Group) Company, the largest state-owned financial insurance group in China.