Details

Last Funding Type

Post-IPO Equity

Last Funding Money Raised

$4.75B

Industries

Banking,Financial Services,Insurance,Medical

Founded date

Jan 1, 1988

Number Of Employee

10001 - max

Operating Status

Active

Stock Symbol

sse:601318

Legal Name

China Ping An Insurance (Group) Co., Ltd.

Also Known As

China Ping An,中国平安保险集团,中国平安

Investor Type

Investment Bank

Sub-Organizations

Ping An Fund

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.

Ping An has had 11 exits. Ping An most notable exits include Fullerton Healthcare Corporation ,   Prenetics

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