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Does Huaxia belong to state-owned enterprises after it was renamed Zhong Rui?
Huaxia is a state-owned enterprise after it changed its name to Zhong Rui.

According to the approval, Zhong Rui Life has two major shareholders. Among them, Kyushu Qi Hang (Beijing) Equity Investment Fund (Limited Partnership) holds 60% of the shares; China Insurance Protection Fund Co., Ltd. holds 40% of the shares.

Kyushu Qi Hang Fund owns 1 1 state-owned life insurance companies, including China Life Insurance, CPIC Life Insurance, Taiping Life Insurance, PICC Life Insurance, China Merchants and Life Insurance, as well as life insurance companies owned by six major banks, including ICBC AXA Life Insurance, CCB Life Insurance, ABC Life Insurance, BOC Samsung Life Insurance, Bank of Communications Life Insurance and China Post Life Insurance.

The insurance protection fund company is a wholly state-owned company, which is responsible for the collection, management and use of insurance protection funds according to law, and assumes important responsibilities in maintaining national financial stability.

The present situation of Swiss longevity

On July 3, 2023, the State Financial Supervision and Administration Bureau of official website disclosed that it had recently approved the opening of Zhong Rui Life Insurance Co., Ltd. (Zhong Rui Life Insurance for short) and was subject to the territorial supervision and management of Beijing Banking Insurance Supervision Branch. At the same time, the State Financial Supervision and Administration approved that Zhong Rui Zhongshou's business place is Building 2, No.2 Courtyard, Fenghuangzui Street, Fengtai District, Beijing. The Swiss People's Life Insurance Company was approved to set up 6,665,438+0 branches (excluding) and allowed to start business.

After the establishment of the new company, Ruizhong Life Insurance, it will accept the assets and liabilities of Huaxia Life Insurance in accordance with the law, undertake institutional outlets and personnel, fully fulfill its insurance contract obligations, and effectively protect the legitimate rights and interests of insurance consumers and relevant parties.

The approved business scope of Zhong Rui Zhongshou is: life insurance, health insurance, accident insurance and other personal insurance businesses; Reinsurance business of the above business; Insurance fund utilization business permitted by national laws and regulations; Other businesses approved by the State Council Insurance Regulatory Authority.

Baidu Baike-Zhong Rui Life Insurance Co., Ltd.