Ping An Company1988 March 2 1 was established in Shenkou, Shenzhen, with only thirteen members at that time. It was officially opened to the public on May 27th of the same year. The company is registered in the State Administration for Industry and Commerce and headquartered in Shenzhen.
On June 4th, 1992, it was renamed as "China Ping An Insurance Company" with the approval of the State Council. The business area of the company is the whole country and overseas regions and cities with branches, and it can engage in all kinds of insurance (including all kinds of statutory insurance) and international reinsurance business.
Ping An is the first joint-stock insurance company in China, and also the first national insurance company with foreign shares in China. At present, it has formed a close, efficient and diversified structure with insurance as the core and integrating securities, trust, investment and overseas business.