On March 1 day, 2007, China Ping An Insurance (Group) Co., Ltd. was listed on the Shanghai Stock Exchange, referred to as "China Ping An" for short, and the A-share securities code was "60 13 18", which made it the second insurance stock of A-shares, and the subscription funds for Ping An IPO were frozen to1. Its A-share issuance price is 33.8 yuan, and the final issuance scale is110.50 billion shares, raising 38.87 billion yuan. Not only has it become the highest-priced financial stock in the A-share market, but it has also set a record for the IPO of the world's largest insurance company, with an online subscription success rate of only 2.3%.

In 2006

In August, 2006, China Ping An Insurance (Group) Co., Ltd. successfully acquired 89.24% equity of Shenzhen Commercial Bank and obtained the national Chinese banking license. Although Ping An Group previously controlled Ping An Bank (formerly Fujian Asia Bank), due to various policy reasons, Ping An Bank has never been able to change its status as a "foreign bank". As Shenzhen Commercial Bank has a credit card business license granted by China Banking Regulatory Commission, the acquisition of Shenzhen Commercial Bank will provide Ping An Group with an ideal opportunity to set foot in the credit card business.

In 2005

Ping An Asset Management Company was established; Ping An Health Insurance Company was established.

In 2004

On June 24th, 2004, China Ping An Insurance (Group) Co., Ltd. was officially listed on the main board of Hong Kong Stock Exchange. The company's stock name is "China Ping An" and the stock code is 23 18. At present, its market value has exceeded10 billion dollars. Subsequently, China Ping An was selected as a constituent of Morgan Stanley Capital International China Index and a constituent of hang seng china enterprises index. 165438+ 10, the company was awarded the "Best Investor Relations Award for Newly Listed Companies" in Asia in 2004 by the world-renowned Investor Relations magazine.

On February 19, 2004, with the approval of China Banking Regulatory Commission, Fujian Asia Bank, which was jointly acquired by China Ping An and HSBC Bank, was officially renamed Ping An Bank. In the same year, Ping An Bank was allowed to move its head office to Shanghai and set up a branch in Fuzhou.

On June 5438+February 1 day, 2004, Ping An Endowment Insurance Co., Ltd. officially passed the acceptance of China Insurance Regulatory Commission and was allowed to start business. In September of the same year, Ping An Health Insurance Co., Ltd. was approved for preparation.

On September 17, 2004, the foundation stone was laid for the China Ping An National Customer Service and Backup Technology Center project located in Zhangjiang Bank Card Industrial Park, Pudong New Area.

In June, 2004, the marketing support management system of China Ping An Life Insurance Company of China Insurance Company was officially put into use. The system combines the company's business process and IT business system, and establishes an online professional service platform closely integrated with the actual business operation through six modules: event reminder, news announcement, inquiry center, marketing support, morning meeting operation and interactive garden, providing strong technical support for the marketing team.

From June 5438+February 1 1 to June 5438+02, 2004, Ping An IT system successfully completed the first "IT Disaster Rapid Recovery" drill for insurance companies in China, 100, which lasted for 28 hours and 30 minutes.

In 2003

With the consent of the State Council and the approval of the China Insurance Regulatory Commission, on February 14, China Ping An Insurance Co., Ltd. officially completed the division and reorganization and changed its name to China Ping An Insurance (Group) Co., Ltd. Ping An Group holds Ping An Property Insurance, Ping An Life Insurance Company of China, Ping An Trust and Ping An Overseas Investment, and Ping An Trust holds shares in Ping An Securities according to law.

Services are going global. In August, China Ping An upgraded the global emergency assistance service and emergency assistance special telephone number 955 1 1. When Ping An customers are in distress overseas, they can directly dial Ping An 955 1 1 to enjoy professional and convenient global emergency assistance services. This is the first time to realize overseas direct dialing of special service numbers in China.

Exclusive underwriting of joint venture projects with the largest domestic investment. In February, Ping An Property & Casualty exclusively underwrote the package insurance of CNOOC Shell Petrochemical Project, the largest joint venture project in China at present, with the total insured amount exceeding USD 365.438 billion and the premium exceeding USD190,000.

In 2002

On June 8, 2002, 10, HSBC and China Ping An formally signed a subscription agreement, and subscribed for 0/0% shares of China Ping An/kloc for 600 million US dollars (about RMB 5 billion), which further strengthened the company's capital strength. This is by far the largest foreign investment project in the domestic financial industry. As a strategic investor, HSBC will further cooperate with China Ping An in management and technology.

On June 27th, 2002, following the foundation of Ping An University, Ping An -LOMA College was formally established, which was the first college established by Loma Company in international cooperation with its member companies. In the same month, China Ping An cooperated with LIMRA to launch the LiXian salesman selection system (LASS system).

On June 65438+1October 65438+1October 9, 2002, Ping An Trust & Investment Company's new product "Outstanding Automobile Consumption Loan Collective Fund Trust" was listed and sold out quickly. It marks that Ping An Trust has successfully taken the first step to the high-value customer financial service market.

200 1 year

China Ping An's group reform plan was officially approved, and the company was renamed as "China Ping An Insurance (Group) Co., Ltd.".

On May 28th, Ping An Finance College officially laid the foundation stone and obtained the qualification of postdoctoral workstation. China Ping An's first training for middle-level management cadres was also successfully concluded in Fudan University on August 3 1, with more than 800 trainees, and the company's cadre growth mechanism in the new period was officially launched.

On March 13, China Ping An launched the first group pension investment linked insurance, which filled the gap in the domestic group insurance market.

In 2000,

Ping An 3A customer service system was initially established. 18 In July, Ping An National Telephone Center 955 1 1 opened in Suzhou, striving to build the largest enterprise telephone center in Asia within three years. On August 18, the one-stop comprehensive financial management website PA 18 was officially launched, and Ping An strode into e-commerce.

Ping An Securities was approved by China Securities Regulatory Commission to increase its capital and share to 654.38 billion yuan.

1999

On September 20, Stephen, former vice president of Lincoln National Group? Meyer formally joined Ping An as the chief actuary and senior adviser to the chairman.

In the middle of June 5438+ 10, Ping An Call Center, the first national telephone consultation center in China, will comprehensively improve the means and level of Ping An service, sales and information management. At the same time, e-commerce projects have also been launched.

Ping An Century Financial was put on trial sale in Shanghai 10 10. On October 23rd, Chinese mainland's first generation investment-linked insurance, Ping An Century Financial, was listed in Shanghai, which was the first new product approved by China Insurance Regulatory Commission.

165438+ 10 15, China Ping An was officially confirmed as the chief insurer of Jiangsu Tianwan Nuclear Power Station. Jiangsu Tianwan Nuclear Power Station is the largest nuclear power project currently under construction in China, with Ping An holding 39% of the shares.

1998

McKinsey's reform plan has been fully launched, and Ping An has carried out comprehensive and profound reforms in six major areas: production, longevity, certification, investment, internal control and human resources. All the plans have been passed and entered the implementation stage, and the KPI index system in all aspects of operation and management has been fully selected. The minicomputer system of property insurance and SYBASE securities trading system of securities company are fully launched, which makes Ping An information technology in the leading position in the industry and provides strong technical support for Ping An to improve its management level and strengthen its risk prevention ability. Streamline the institutions and personnel of the whole system. On June 22nd, 1998 "The Press Conference of the Head Office's Organizational Structure and Post Design Scheme" was held, which kicked off the whole system's "reducing swelling and losing weight". The number of departments in the head office was reduced from 12 to 8, the number of offices was reduced from 5 1 to 26, and the number of personnel was reduced from 327 to 238. The work of "reducing swelling" in various professional companies and branches is in full swing.

1997

The company's acquisition of Shenzhen Football Club is the first time that a domestic financial enterprise has exclusively operated a football club. After a year's efforts, Ping An Football Team advanced to A with the score of 1 1, showing the spirit of peace and enterprising. Establish and improve the internal control system, and initially establish an effective internal control system. Full implementation of audit and audit dual track system; Establish a regional audit center; Implement the financial appointment system; Improve the regional comprehensive supervision system.

1996

The head office of the People's Bank of China agreed to increase capital and share, and the share capital increased from 65.438+0.5 billion to 2.5 billion, further strengthening the company's strength. Ping An Securities Company was officially registered in the State Administration for Industry and Commerce, and Ping An Trust & Investment Company and China Ping An Insurance Overseas (Holding) Company were established, which made the company form a collectivized structure with property insurance as the foundation, life insurance as the focus, securities trust as the two wings, and overseas business as the supplement.

1995

The company's targeted corporate share offering was approved by the head office of the People's Bank of China, and the company's capital was expanded to 65.438+0.5 billion yuan. The marketing system reform of property insurance, life insurance and securities business was held nationwide, and the life insurance marketing business achieved remarkable results. According to the Insurance Law and the provisions of the People's Bank of China, property insurance, life insurance, securities and investment are managed in a unified way and operated separately. Complete the asset integration and transformation, and realize the smooth transition from the second-level legal person to the first-level legal person. With the approval of the head office of China People's Bank, Ping An Securities Co., Ltd. was established. The head office has set up a financial working committee and a computer working committee. Together with the existing insurance business review committee and investment loan review committee, all four professional committees have been formed.

1994

The separate operation, management and accounting of life insurance business and product insurance business in the whole Ping An system have promoted the great development of Ping An life insurance and even the whole Ping An insurance. The reform of securities management mechanism has greatly enhanced the competitive strength of Ping An Securities. With the approval of the head office of the People's Bank of China, Morgan Consortium and Goldman Sachs Consortium, the two largest consortia in the world, took shares in Ping An, China, further enhancing the economic strength of Ping An, China, and bringing its management level to the international level.

1988- 1993

1988 On March 2 1 day, the head office of the People's Bank of China issued a document (Yin Fu <1998 >13) approving the establishment of Ping An Insurance Company and issuing a Financial Business License. This is the first joint-stock and local insurance enterprise in China.

On April 5th, 1988, Ping An Insurance Company was approved to be established and its first business was underwritten. The insured is the real estate company of China Merchants Shekou Industrial Zone in Shenzhen Special Economic Zone, with the insured amount of 30,726,5438+00,000 yuan and the income premium of 43,998 yuan.

1988165438+1October 2 1 The head office of the People's Bank of China approved the Letter of Opinions of the People's Bank of Shenzhen (88) Ren Shen Rong Guan Zi No.75 on the Establishment of a Branch of Ping An Insurance Company in Hainan, and agreed to set up a branch. This is the first branch established by Ping An Insurance Company outside the SAR.

1On September 29th, 1992, the General Office of the State Council officially issued a document (Guo Ban Han [1992] No.93), approving Ping An Insurance Company to change its name to China Ping An Insurance Company, and agreeing to China Ping An Insurance Company to handle statutory insurance, insurance business for state-owned enterprises and foreign-funded enterprises, and various foreign currency insurance and international reinsurance business.

Peace today:

One of the three comprehensive financial service groups in China, a highly compact comprehensive financial service group with insurance as the core and covering securities, trusts and banks;

China's second largest insurance group has 30 million high-quality individual customers and 3 million corporate customers. The income from insurance business in 2005 was 70.7 billion yuan, the after-tax profit in 2005 was 4.2 billion yuan, the company's total assets in 2005 were 3,654.38 billion yuan, and the company's shareholders' equity in 2005 was 38 billion yuan.

Integrated financial business system.

IT has a truly integrated and unique comprehensive financial service platform among domestic financial enterprises, and the Group realizes the centralization and unification of brand, IT, HR, planning and risk management;

Provide one-stop comprehensive financial services (insurance, trust and investment, securities and banking) for enterprises and individual customers, and create more convenience and higher efficiency.

These include:

Ping' an trust and investment company

Ping An Trust and Investment Co., Ltd. was established on July 2, 1996, and is a holding subsidiary of China Ping An Insurance (Group) Co., Ltd.; In February 2002, it was re-registered with the approval of the People's Bank of China, and became one of the first trust and investment companies in China. From June 5438 to October 2005, Ping An Trust increased its registered capital to RMB 4.2 billion, making it the largest trust company in China. Provide customers with products based on the following local and foreign currency trust businesses: fund trust business; Trust business of movable property, immovable property and other property; Investment fund business; Charitable trust business; Lease trust business; Enterprise assets reorganization, merger and acquisition and project financing; Intermediary business such as corporate wealth management and financial consulting; At present, Ping An Trust has assets under management exceeding 9 billion yuan.

Ping An Securities Company

1995 10 was formally established, headquartered in Shenzhen, with a registered capital of1800 million yuan, and was qualified as a national innovative brokerage firm; In 2005, under the background of the structural adjustment of China stock market, Ping An Securities actively developed new products, improved service means, reduced operational risks, significantly improved its profitability, and is moving towards a brokerage company that provides diversified financial services; With the continuous improvement of the capital market, customers' all-round demand for financial services is becoming more and more urgent, and customers are no longer satisfied with simple or single investment channels, which puts forward higher professional service requirements for brokers; Ping An Securities will give full play to the brand advantages of China Ping An, further build an advanced comprehensive financial service platform, constantly develop new business varieties, improve service means, and create maximum value for customers with professional systems, professional products and professional services.

Ping An Bank

With the approval of China Banking Regulatory Commission, Ping An Bank Co., Ltd. was formally established on February 19, 2004. Ping An Bank will adopt international advanced commercial bank management and operation mode, introduce international advanced bank computer operation process, and strive to build itself into a commercial bank with unique competitiveness, standardized and steady development. Ping An Bank is jointly operated by China Ping An and HSBC, with China Ping An holding 73% and HSBC holding 27%. Ten years plan to become the fifth largest bank in China. At present, Ping An Bank provides RMB services to foreign-invested enterprises, foreign institutions in China, mainland representative offices in Hong Kong, Macao and Taiwan, foreigners and compatriots in Hong Kong, Macao and Taiwan. Absorb public deposits and issue short-term and medium-and long-term loans; Handle bill acceptance and discount, and buy and sell government bonds, financial bonds and other foreign currency securities other than stocks; Providing letter of credit services and guarantees; Handle domestic and international settlement; Buying and selling, acting as an agent to buy and sell foreign exchange; Engaged in foreign currency exchange; Engage in interbank lending; Engaged in bank card business; Provide safe deposit box service; Providing credit investigation and consulting services; Other businesses approved by China Banking Regulatory Commission.

China Ping An won the first place in Forbes list of non-state-owned enterprises.

Recently, the Chinese version of Forbes, a well-known business magazine, published the "Top 100 Enterprises in China" of large non-state-owned enterprises in China in 2008, and China Ping An ranked first when it entered the list for the first time. This is another proud honor that China Ping An won in the field of non-state-owned enterprises after being selected as the "Top 500 in the World" and the first non-state-owned enterprise in China.

In 2008, "China Top 100 Enterprises List" was the third consecutive year that Forbes conducted a survey of large non-state-owned enterprises in China, and introduced 65,438+000 large-scale enterprise models with both scale and efficiency to readers. Its research scope includes non-state-owned enterprises whose sales exceeded 3 billion yuan in 2007 and whose main business is in Chinese mainland.

The ranking of "Top 100 Enterprises in China" is weighted according to the return index (return on total assets and return on net assets), growth index (sales growth rate and profit growth rate) and profit index (sales profit rate) of the candidate enterprises from 2005 to 2007, and adjusted according to the sales scale of the enterprises in the last three years. The selection of Forbes as "Top Enterprise in China" is a full affirmation of the steady operation and rapid growth of China Ping An in the past three years. It is also another honor that China Ping An won after being selected as one of the top 500 Forbes listed companies for two consecutive years and ranked first among non-state-owned enterprises in China.

In summing up this year's research, the person in charge of the list pointed out that many large enterprises have started to take the road of diversification and internationalization after they have developed to a certain extent, and China Ping An's international comprehensive financial strategy is a model for many enterprises. At present, China Ping An is actively promoting the global asset allocation strategy, will continue to expand overseas asset management business, and strive to build a "leading international integrated financial group with insurance, banking and investment as its three business pillars".

In addition, Legend Holdings and Rizhao Steel also ranked second and third respectively.

This is also one of the many honors that China Ping An won in the ranking of non-state-owned enterprises in China. In July this year, China Ping An entered the Fortune Global 500 for the first time, becoming the first non-state-owned enterprise in China, after being selected into the Forbes Global 500 twice and ranking first among non-state-owned enterprises in China.