Anbang insurance is a state-owned enterprise, but it is not a complete state-owned enterprise. At present, Anbang Group has three shareholders, among which SAIC holds 1.22%, China Petrochemical holds 0.55%, and the Insurance Guarantee Fund holds 98.23%. Prior to this, Anbang Group had 39 shareholders. Except for two shareholders with state-owned capital background, the other 37 shareholders have withdrawn. Through this equity restructuring, the equity structure of Anbang Group has been readjusted, and state-owned capital is dominant.

Generally speaking, although Anbang Insurance is a state-owned holding enterprise, the dispersion degree of its equity shows the characteristics of non-state-owned enterprises to some extent.

What is Anbang Insurance?

Anbang Insurance Group Co., Ltd. (hereinafter referred to as "Anbang Insurance") is a comprehensive insurance group company in China. Its business scope covers property insurance, life insurance, health insurance, asset management, insurance agency sales, insurance brokerage and other fields. Anbang insurance includes Anbang Property Insurance Co., Ltd., Anbang Life Insurance Co., Ltd., Harmony Health Insurance Co., Ltd. and Anbang Asset Management Co., Ltd. and many other subsidiaries. As a comprehensive insurance group, Anbang Insurance plays an important role in the insurance market in China, providing our customers with comprehensive insurance and asset management services.