Jintai Property Insurance Co., Ltd. was approved by the China Insurance Regulatory Commission "No.20 20 10/0" document, initiated by the Sichuan Provincial Party Committee and the provincial government, led by the Chengdu Municipal Party Committee and the municipal government, initiated by Chengdu Investment Holding Group Co., Ltd., which is wholly owned by Chengdu State-owned Assets Supervision and Administration Commission, and jointly established by eight companies including China Development and Investment Company, Xinhu Treasure Co., Ltd. and Sichuan Investment Group Co., Ltd.