Zijin Property Insurance Co., Ltd. is the first national property insurance company headquartered in Jiangsu Province. The registered capital of the company is RMB 2.5 billion, and its registered place is Nanjing, Jiangsu Province. On May 8, 2009, Zijin Property Insurance Co., Ltd. held a grand opening ceremony in Nanjing Jinling Hotel. The establishment of Zijin Insurance has made up for the lack of enterprise insurance institutions in Jiangsu for a long time. Together with Huatai Securities, Jiangsu Bank and Provincial Re-guarantee Company, it has formed a four-legged "local army" of Jiangsu's financial service industry, which has greatly enriched the province's financial service products, enhanced its service functions, improved its service level, and provided more solid financial support for sustained and rapid economic and social development.