Does Ping An Insurance show that Pengcheng Insurance is purchased?

No, according to the information released by official website, Ping An Insurance shows that it is not Pengcheng Insurance nor the same company. Pengcheng Insurance is underwritten by China People's Property Insurance Co., Ltd. Shenzhen Branch (the main insurer), Taiping Property Insurance Co., Ltd. Shenzhen Branch and Guoren Property Insurance Co., Ltd. Shenzhen Branch, and Ping An Insurance is a listed insurance company. Its business scope includes insurance, investment, finance, banking and wealth management. It is the first joint-stock insurance enterprise in China. By August 8, 2023, it has developed into an integrated, compact and diversified comprehensive financial service group integrating financial services such as financial insurance, banking and investment.