On January 26th, the State Administration of Financial Supervision has recently approved the second batch of long-term stock investment pilots, with a scale of 52 billion yuan. China Pacific Life Insurance joint stock company, Taikang Life Insurance Co., Ltd., Sunshine Life Insurance joint stock company and related insurance asset management companies were approved to participate in the pilot in the form of contract funds, carry out long-term stock investment, give play to the role of long-term funds and patient capital, and help capital markets operate smoothly.