Founded in 1988 in Shenzhen, as the first joint-stock insurance company in China, Ping An has grown into a Fortune Global 500 company and one of the world's most valuable brands.
Ping An Group
Founding of the Company
May 27, 1988. Ping An Insurance Company was established as the first joint-stock insurance company in China.
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Ping An Group
Expanding nationwide
June 4, 1992. The Company was renamed Ping An Insurance Company of China, becoming a national insurance company.
Ping An Group
First life insurance policy
May 1994. Ping An introduced the individual life insurance marketing system, pioneering individual life insurance business in China.
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Ping An Group
Foreign investors
June 1994. Ping An brought on board Morgan Stanley and Goldman Sachs as its shareholders, becoming the first financial institution in China to have foreign investors.
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Ping An Group
Ping An Securities
October 1995. Ping An made a breakthrough in non-insurance financial business by establishing Ping An Securities Co., Ltd.
Ping An Group
Ping An Trust & Investment Company
April 1996. Ping An acquired ICBC Pearl River Delta Financial Trust Joint Company, which was then renamed Ping An Trust & Investment Company.
Ping An Group
Stake acquired by HSBC
October 8, 2002. HSBC Group took a stake in Ping An, becoming its single largest shareholder.
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Ping An Group
Founding of the Group
February 14, 2003. Ping An Insurance (Group) Company of China, Ltd., was established, becoming a pilot company for integrated operations in China's financial industry.
Ping An Group
Banking business
December 2003. Ping An was given approval to acquire Fujian Asia Bank, which marked the start of its banking business.
Ping An Group
H-share listing
June 24, 2004. Ping An Group enhanced its capital strength by going public in Hong Kong, which was the largest IPO in Hong Kong that year.
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Ping An Group
Modernizing integrated operations
May 2006. Ping An's national integrated operations center in Zhangjiang Shanghai started operations, which was the largest integrated operations platform in Asia.
Ping An Group
Ping An Bank
July 2006. Ping An acquired Shenzhen Commercial Bank, which was later renamed Ping An Bank.
Ping An Group
A-share listing
March 1, 2007. Ping An Group was listed on the Shanghai Stock Exchange, which was the world's largest IPO of an insurance company at that time.
Ping An Group
Acquiring Shenzhen Development Bank
July 2011. Ping An became the controlling shareholder of Shenzhen Development Bank, which later merged with the original Ping An Bank, was renamed Ping An Bank, and built a banking business presence across the country.
Ping An Group
2012. Lufax was established as Ping An began to build presence in fintech and healthtech.
Ping An Group
Ping An Life
2016. Ping An Life's insurance premiums exceeded RMB300 billion, and new business premiums exceeded RMB100 billion.
Ping An Group
Ping An Rural Communities Support
2018. In response to the government's call for poverty alleviation, Ping An marked its 30th anniversary with the launch of Ping An Rural Communities Support (covering village officers, village doctors and village teachers) in nine provinces and autonomous regions across China.
Ping An Group
Global brand value
2020. Ping An ranked 7th in the Forbes Global 2000 list and 21st on the Fortune Global 500 list. It also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZ(TM) Top 100 Most Valuable Global Brands list and number 1 among global insurance brands for the fifth consecutive year.

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