Ping An Insurance Company is a holding company deals with insurance, banking, and financial service.
Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the “Company” or the “Group") was established in 1988 in Shekou, Shenzhen. The Group is the first insurance company in China to adopt a shareholding structure. Today, it has developed into a personal integrated financial services group with three core businesses of insurance, banking and investment, enjoying parallel growth of its traditional and non-traditional financial businesses. The Group’s shares are listed on the Hong Kong Stock Exchange (stock code: 2318) and on the Shanghai Stock Exchange (stock code: 601318). Ping An’s vision is to become China’s leading personal integrated financial services provider, establishing a traditional business framework supported by the Group’s three pillars of business, namely insurance, banking and investment, and continuing to promote the parallel growth of its traditional and non-traditional financial businesses. For the traditional business, Ping An will focus on building up the financial supermarket and promoting customer migration. For the non-traditional business, the Group will strive for innovation by weaving financial services into the very fabric of everyday life: health, food, housing, transportation and entertainment, establish the integrated financial services platform of “One Customer, One Account, Multiple Products, and One-Stop Services”, deliver customers a brand experience of “Expertise makes life easier”, achieve sustainable growth in profits, and provide long-term and stable returns to shareholders.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 1, 2014 | Post-IPO Equity | $4.75B | — | — | — | Detail |
Mar 1, 2007 | IPO | — | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Mar 30, 2021
Biren Technology
|
Series B | — | Hardware | Yes |
Nov 22, 2019
Lixiangjia
|
Series D | $35M | Financial Services | Yes |
Corporate Round | — | Health Care | Yes | |
Mar 15, 2019
Global Data Solutions
|
Post-IPO Equity | $150M | Data Center | Yes |
Series A | $28.81M | Health Care | Yes |
Ping An has had 11 exits. Ping An most notable exits include Fullerton Healthcare Corporation , Prenetics
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Aug 4, 2022 | Fullerton Healthcare Corporation | M&A | Health Care | Detail |
May 18, 2022 | Prenetics | IPO | Biotechnology | Detail |
Jun 30, 2021 | Didi | IPO | Artificial Intelligence | Detail |
Jun 28, 2021 | Payoneer | IPO | B2B | Detail |
May 26, 2020 | Xiangyang Changyuan Donggu Industrial | IPO | Automotive | Detail |
Ping An has acquired 2 organizations. Their most recent acquisition was Autohome on Apr 15, 2016. They acquired Autohome for $1.60B.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Apr 15, 2016
Autohome
|
Automotive | acquisition | $ 1.60B | Detail |
Jul 12, 2019
ITutorGroup
|
Consumer Software | acquisition | — | Detail |