Ping An Insurance (Group) Co., Ltd. of China (hereinafter referred to as "Ping An of China", "Company", "Group") was born in Shekou, Shenzhen in 1988. It is the first joint-stock insurance company in China. It has developed into an integrated, close-knit and diversified comprehensive financial services group integrating insurance, banking, investment and other financial businesses. The company is listed on the Main Board of the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with stock codes 2318 and 601318 respectively.
The corporate mission of Ping An of China is: to be responsible to shareholders, increase asset value, and stabilize returns; to be responsible to customers, service first, and ensure integrity; to be responsible to employees, plan their careers, and live and work in peace and contentment; to be responsible to society, to give back to the society, Build the country. Ping An of China advocates value maximization as the orientation, pursuit of excellence as the process, and being a person of high moral character and value. It has formed personal values ??of "honesty, trust, enterprising, and achievement" and "unity, vitality, learning, and innovation" team values. The group implements the three major mechanisms of "competition, incentive and elimination" and implements the business philosophy of "difference, professionalism, leadership and long-term".
Ping An’s vision is to pursue the long-term, stable and healthy development of the enterprise with its three major businesses of insurance, banking and investment, create sustained growth in value for all relevant stakeholders of the enterprise, and become an internationally leading company. A comprehensive financial services group and a century-old store.
Ping An of China, through its various professional subsidiaries and business units, namely the insurance series Ping An of China Life Insurance Co., Ltd. (Ping An Life), Ping An of China Property & Casualty Insurance Co., Ltd. (Ping An Property & Casualty), Ping An Annuity Insurance Co., Ltd. (Ping An Pension Insurance), Ping An Health Insurance Co., Ltd. (Ping An Health Insurance); banking series Shenzhen Development Bank Co., Ltd. (Shenzhen Development Bank), Ping An Bank Co., Ltd. (Ping An Bank), Ping An Property & Casualty Insurance Credit Guarantee Insurance Division (Ping An Small Consumer Credit); investment series of Ping An Trust Co., Ltd. (Ping An Trust), Ping An Securities Co., Ltd. (Ping An Securities) and China Ping An Securities (Hong Kong) Co., Ltd. (Ping An Securities (Hong Kong)), Ping An Asset Management Co., Ltd. (Ping An Asset Management) and Ping An Asset Management (Hong Kong) Co., Ltd. of China (Ping An Asset Management (Hong Kong)), Ping An Futures Co., Ltd. (Ping An Futures), Ping An Dahua Fund Management Co., Ltd. (Ping An Dahua) ), etc., provides comprehensive and personalized financial products and services such as insurance, banking, and investment to more than 60 million customers through a multi-channel distribution network under a unified brand.
Ping An of China has approximately 489,000 life insurance sales staff and more than 150,000 formal employees, with more than 4,400 branches and marketing service departments at all levels. As of September 30, 2011, the group's total assets reached RMB 2,189.406 billion, and the equity attributable to shareholders of the parent company was RMB 121.132 billion. In terms of premium income, Ping An Life is the second largest life insurance company in China, and Ping An Property & Casualty is the second largest property and casualty insurance company in China.
Ping An of China ranked 147th in the 2011 "Forbes" "Top 2000 Global Listed Companies", and was ranked 107th in the "Financial Times" "Global 500" and ranked "Fortune" 》magazine's "Top 500 Global Leading Companies" ranked 328th, and became the first non-state-owned enterprise in mainland China to be included in the list.