Is China Ping An Insurance Company a state-owned enterprise or a private enterprise?

China Ping An is a private enterprise. As a typical joint-stock company, it is a comprehensive financial group company registered in China, which can provide insurance services, banking services and investment services for various places. China Ping An is the largest financial service company in China at present, and the total assets of the whole group company rank first in China. Life insurance business and property insurance business rank second in China. China Ping An is also the leading stock in the financial industry among domestic listed companies. Including the total market value, stock price and earnings per share, all ranked first in the financial industry. China Ping An is not a state-owned enterprise, but a private enterprise.

Ping An Insurance Company is a private enterprise and a national regulatory department. The insurance service retail industry is indeed a risk area. Once the money escapes, it will have serious consequences for many policyholders. Therefore, the state will supervise the specific behavior of financial investment. It also belongs to private joint-stock enterprises, and the largest shareholder has nothing to do with state-owned enterprises.

China Ping An is now the largest financial service company in China, ranking first in China with the total assets of the whole group company. Life insurance business and property insurance business are the second in the country, which is really the spring of private enterprises. Even if it is not a state-owned enterprise, it doesn't matter. In recent years, it has developed rapidly, involving more businesses and its strength is not worse than that of some state-owned enterprises.

state-owned enterprise

State-owned enterprises include companies invested by state administrative organs, institutions and social organizations at the central and local levels, as well as institutions and social organizations whose funds are no longer allocated or allocated by the state to engage in professional business activities, and companies invested by large enterprises, institutions and social organizations at or above the corresponding level with state-owned assets.

private enterprise

Private enterprises are generally profit-making economic organizations with wage labor as the core, which are founded or controlled by natural persons. That is, the assets of large enterprises are privatized, and they are profit-making economic organizations with more employees than the quorum. In China, such large enterprises are funded by individual citizens and owned and controlled by them. Moreover, their mode of production and operation is mainly wage labor, and the number of employees should be more than 8.