China Ping An Insurance Company is not a foreign-funded enterprise, but a mixed-type enterprise, with various shareholders such as state-owned, foreign-funded, private capital and individual investors.
China Ping An Insurance Company, founded in 1988, is the first joint-stock insurance company in China, and has now developed into a large-scale financial technology group integrating insurance, banking, medical care, internet technology and automobiles. The founding shareholders of China Ping An Insurance Company are two state-owned enterprises, namely Industrial and Commercial Bank of China and China Merchants Group, so in the initial stage of development, China Ping An Insurance Company is a state-owned insurance company.