Ping An Insurance (Group) Company of China Ltd - Company Profile
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Ping An Insurance (Group) Company of China Ltd (Ping An) is an integrated financial services group. The group’s main activities include life and health insurance, property and casualty insurance, banking, asset management, and finance enablement services. Its major products and services include life insurance, auto insurance, wealth management, credit card services, and investment management. The group serves both individual and corporate customers. Ping An operates through various distribution networks and internet platforms to deliver its services. Ping An is headquartered in Shenzhen, Guangdong, China.
Headquarters
China
Address
15f-18f, Xinghe Development Center, Shenzhen, Guangdong, 518033
Website
www.pingan.cn
Telephone
86 400 8866338
No of Employees
258,806
Industry
Financial Services
Ticker Symbol & Exchange
601318 (SHA)
Revenue (2024)
$119.3B
3.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
6.5%
(2024 vs 2023)
Market Cap*
$126.1B
Net Profit Margin (2024)
XYZ
2.6%
(2024 vs 2023)
* As of and is in US$
Ping An Insurance (Group) Company of China Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Life Insurance | Banking: | Ping An |
| Term Life Insurance | Retail Banking | |
| Annuity Plans | Wealth Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In November, the company opened Shenzhen Beiyi Rehabilitation Hospital, its self-operated hospital in Shenzhen, China. |
| 2025 | Contracts/Agreements | In March, group’s subsidiary Ping An P&C partnered with FAW Hongqi to launch Intelligent Driving Protection Services, enhancing safety and convenience for drivers. |
| 2025 | Contracts/Agreements | In February, the group agreed to sell a 41.91% stake in Autohome Inc to a subsidiary of Haier Group Corp for US$1.8 billion. |
Competitor Comparison
| Key Parameters | Ping An Insurance (Group) Company of China Ltd | The People's Insurance Company (Group) of China Ltd | China Pacific Insurance (Group) Co Ltd | China Taiping Insurance Holdings Co Ltd | Sunshine Insurance Group Corporation Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | Hong Kong | China |
| City | Shenzhen | Beijing | Shanghai | Hong Kong | Shenzhen |
| State/Province | Guangdong | Beijing | Shanghai | - | Shenzhen |
| No. of Employees | 258,806 | 179,898 | 91,639 | 57,951 | 45,748 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ma Mingzhe | Chairman | Executive Board | 2012 | 70 |
| Fu Xin | Chief Financial Officer; Director; Senior Vice President | Executive Board | 2024 | 46 |
| Xie Yonglin | Co-Chief Executive Officer; Director; President | Executive Board | 2020 | 57 |
| Michael Guo | Director; Co-Chief Executive Officer | Executive Board | 2024 | 54 |
| Cai Fangfang | Director; Senior Vice President | Executive Board | 2015 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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