1988 On March 2 1 day, Governor Chen and Executive Vice President of the People's Bank of the State Council and China officially issued approval documents, agreeing that the social insurance company of Shekou Industrial Zone and Shenzhen Trust and Investment Company of Industrial and Commercial Bank of China jointly set up Ping An Insurance Company with 49% and 5 1% respectively, thus Ping An became the first joint-stock insurance company in China. On the morning of May 27th, Ping An Insurance Company held its opening ceremony in Building 6, China Merchants North Road, Shekou Industrial Zone, China Merchants Group, Shenzhen Special Economic Zone. Officially open to the public. This day is designated as four clean-ups day.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.