China Ping An won't sell Peking University Medicine. China Ping An Insurance Company acquired Peking University Founder Group Company, the parent company of Peking University Medicine. Although Xie Yonglin said at the press conference that he would transfer or sell some sectors related to non-core main business in a market-oriented way as scheduled, he did not mention which companies or assets would be sold. At the same time, considering China Ping An's emphasis on medical resources and its demand for integration, and the fact that it will directly or indirectly control 40.4% equity of Peking University Medicine after the reorganization, it can be inferred that China Ping An will not completely sell Peking University Medicine. China Ping An Insurance (Group) Co., Ltd., formerly known as China Ping An Insurance Company, was established in 1988. It is the first joint-stock and local insurance enterprise in China, headquartered in Shenzhen, Guangdong Province, and one of the three comprehensive financial groups in China. Its founder, founder and chairman are all Ma Mingzhe.