Ping An Bank is neither a state-owned enterprise nor a private enterprise, but a national joint-stock commercial bank. Headquartered in Shenzhen, it is a mixed-ownership enterprise. Ping An Bank, the full name of which is Ping An Bank Co., Ltd., is a cross-regional bank controlled by China Ping An Insurance (Group) Co., Ltd. and one of the two national joint-stock commercial banks in Chinese mainland/KLOC-0. Ping An Bank, with the stock code of 00000 1, is the first commercial bank in China to issue shares to the public.
Ping An Bank is a listed company. For listed companies, it is a public company, so it is not a pure state-owned enterprise or a private enterprise. The key is to see whether the state-owned enterprise fund or the private enterprise fund dominates the controlling stake. In nature, Ping An Bank is neither a state-owned enterprise nor a private enterprise, but a joint-stock listed company, including not only state-owned shareholders, but also private shareholders and individual shareholders.
Equity structure of Ping An Bank
Among the top ten shareholders of Ping An Bank, the largest shareholder is Ping An Insurance Group, with a shareholding ratio of 49.56%; The second place is Hong Kong Securities Clearing Company Limited, but it is not an independent company, but a platform for foreign investors to hold shares. The third largest shareholder is China Ping An Life Insurance Company of China Insurance Company's own funds, and the fourth largest shareholder is China Ping An Life Insurance Company of China Insurance Company's unified general insurance products. The shareholding ratio of these two shareholders reached 8.38%.
Therefore, on the whole, at present, Ping An Group actually holds 57.94% of the shares of Ping An Bank and has an absolute controlling stake. Therefore, on the whole, Ping An Bank is a joint-stock listed company controlled by China Ping An Group, and the nature of Ping An Group determines the nature of the controlling party of Ping An Bank.