State Grid Ying Da Property Insurance Co., Ltd. is a joint venture insurance company initiated by State Grid Corporation and Ying Da Taihe Insurance Co., Ltd. The company was established on 20 15 with a registered capital of 5 billion yuan. State Grid Ying Da Property Insurance Co., Ltd. is the first insurance company in China initiated by large state-owned enterprises and insurance companies.
The emergence of State Grid Ying Da Property Insurance is not only the cooperation between State Grid Corporation and Ying Da Taihe Insurance Company, but also a model of cooperation between state-owned assets and private assets. This mode of cooperation can not only promote the development of insurance industry in China, but also promote the economic development in China.