1988 On March 2 1 day, Ping An Insurance was established in Shekou Industrial Zone, Shenzhen with 5 1% and 49% respectively contributed by Industrial and Commercial Bank of China and China Merchants Bank. Shareholders appointed Ma as the general manager. 1989, Ping An set up an employee stock ownership fund and began to hold part of the company's equity. Since then, as a representative of the employee stock ownership fund, he has settled in the Ping An board of directors and got rid of the control of investment promotion.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.