What is the relationship between China Ping An Insurance Company and Ping An Securities Company?

Ping An Insurance Group holds 99.88% shares of Ping An Trust, and Ping An Trust holds 86.2 1% shares of Ping An Securities, a subsidiary of Ping An Insurance.

China Ping An, the full name of China Ping An Insurance (Group) Co., Ltd., is a financial company listed on the Hong Kong Stock Exchange. 1988 was born in Shekou, Shenzhen. It is the first joint-stock insurance company in China and has now developed into an integrated, compact and diversified comprehensive financial service group integrating insurance, banking and investment.

Ping An Securities Co., Ltd. is an important member of China Ping An Comprehensive Financial Services Group, formerly known as Ping An Insurance Securities Business Department, which was established in. In 2006, it passed the evaluation of China Securities Industry Association and became a pilot securities firm for securities innovation. In 2008, Ping An Caizhi, a wholly-owned subsidiary, was established to conduct direct investment business, and in 2009, Ping An Securities (Hong Kong), a subsidiary, was established in Hong Kong.

Extended data:

China Ping An Insurance (Group) Co., Ltd. Business scope: investment insurance enterprises; Supervise and manage the domestic and overseas businesses of holding investment enterprises; Carry out insurance fund utilization business; Approved to carry out insurance business at home and abroad; Other businesses approved by China CIRC and relevant state departments.

Over the years, Ping An Securities has grown from a regional securities institution to a national comprehensive securities firm by virtue of China Ping An's good brand and background advantages. It insists on "treating people with sincerity and taking faith as the foundation" as the basic point of the company's long-term operation, and embodies the company's service purpose by providing customers with comprehensive and personalized services.

In 2003, under the background of structural adjustment of China stock market, the company actively adjusted its business model and explored the connotative development path, and achieved good results.

The market share of equity funds in the secondary market remains above 1. 1 1%, and the primary market serves as the lead underwriter of two IPO projects and one convertible bond project, becoming a member of the corporate bond underwriting syndicate.

With the continuous improvement of the capital market, customers' all-round demand for financial services is becoming more and more urgent, and customers are no longer satisfied with simple or single investment channels, so more professional service requirements are put forward for brokers. Ping An Securities has unparalleled advantages in this respect.

As the only brokerage firm with insurance background in the industry, Ping An Securities will give full play to the brand advantages of China Ping An Insurance (Group), further strengthen its ties with Ping An Property & Casualty Insurance, Ping An Life Insurance Company of China and Ping An Trust, constantly develop new business varieties and improve its service means, fully embodying the excellent quality of Ping An as a domestic comprehensive financial service group.

References:

Baidu Encyclopedia-China Ping An Insurance (Group) Co., Ltd.

References:

Baidu encyclopedia-ping an securities co., ltd