Zhongcheng Automobile Insurance Co., Ltd. (hereinafter referred to as "Zhongcheng Insurance") was established on June 201/with the approval of China Insurance Regulatory Commission. It is the first Chinese-funded insurance legal person institution headquartered in Guangzhou. Until 2065438+September 2005, the registered capital of the company was changed to1500 million yuan, which was jointly established by Guangzhou Automobile Group, Cai Yue Trust, York Finance and Changlong Group. Zhongcheng Insurance covers motor vehicle insurance, property insurance, short-term health insurance, accident insurance and other insurance businesses 1. At present, the company has set up 13 provincial branches and 47 institutions at all levels in Guangdong, Zhejiang, Hunan, Hebei and Shanghai. Although the scale of Zhongcheng Insurance may not be comparable to that of some large insurance companies, it is still an insurance company with certain strength and influence. In the past few years, Zhongcheng Insurance has achieved profitability and has been striving to expand its business scale and influence.