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02318 PING AN

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  • 47.800
  • -0.250-0.52%
Market to Open Nov 5 09:20 CST
870.45BMarket Cap6.69P/E (TTM)

About PING AN Company

The company was founded in 1988 in Shekou, Shenzhen, and has grown into one of the three major integrated financial groups in China with the support of governments and supervisory authorities at all levels, customers and all sectors of society. China Ping An is also one of the personal financial life service groups with the most complete financial licenses and the widest scope of business in China. Currently, the group's total assets have exceeded 11 trillion yuan, making it the insurance group with the largest assets in the world. Through a multi-channel distribution network, the company uses its subsidiaries such as Ping An Life Insurance, Ping An Life Insurance, Ping An Pension Insurance, Ping An Health Insurance, Ping An Health Insurance, Ping An Bank, Ping An Trust, Ping An Securities, Ping An Asset Management, and Ping An Financial Leasing. It uses subsidiaries, joint ventures and joint ventures such as Auto Home, Lujin Holdings, Financial One Account, and Ping An Health to operate technology business to provide customers with a variety of financial products and services. Corporate honors: Ping An of China ranked 16th in “Forbes” and “Top 2000 Global Listed Companies”; ranked 33rd in the US “Fortune” and “World Top 500”, ranking first among global insurance companies. Ping An of China is listed on the main board of the Hong Kong Stock Exchange and the Shanghai Stock Exchange. By the end of June 2023, the number of individual customers of the Group exceeded 229 million, an increase of 1.2% over the beginning of the year; the average number of contracts for individual customers increased steadily to 2.99, an increase of 0.7% over the beginning of the year. Customer base management has been consolidated, and the degree of cross-penetration of individual customers continues to increase. Over 97.71 million individual customers hold multiple subsidiary contracts at the same time, accounting for 39.6% of the total number of customers. Increase customer stickiness and develop multiple types of financial services collaboratively. The higher the number of contracts per customer, the lower the customer turnover rate. As of the end of June 2023, 26% of customers already held 4 or more contracts within the group, and the turnover rate of customers with 4 or more contracts was less than 1%.

Company Profile

Symbol02318
Company NamePING AN
ISINCNE1000003X6
Listing DateJun 24, 2004
Issue Price10.33
Shares Offered1.39B share(s)
FoundedMar 21, 1988
Registered AddressChina
Chairmanmingzhe ma
Secretaryruisheng sheng
Audit InstitutionErnst & Young (Special General Partnership), Ernst & Young
Company CategoryOther
Registered Office47, 48, 109, 110, 111, 112 floors of Ping an Financial Center, 5033 Yitian Road, Futian District, Shenzhen City
Head Office and Principal Place of Business5/F, Manulife Plaza, 348 Kwun Tong Road, Kowloon, Hong Kong
Fiscal Year Ends12-31
Employees288751
MarketHong Kong motherboard
Phone86-4008866338
Fax86-755-82431029
EmailIR@pingan.com.cn;PR@pingan.com.cn
Business(1) Investment insurance companies; (2) supervising and managing various domestic and international businesses holding investment enterprises; (3) carrying out insurance fund utilization business; (4) carrying out domestic and international insurance business with approval; and (5) other business approved by the State Financial Supervisory Administration and relevant national departments.

Company Executives

  • Name
  • Position
  • Salary
  • mingzhe ma
  • Chairman, Executive Director, Chairman of the Strategy Committee
  • 3.59M
  • yonglin xie
  • Executive Director, General Manager, Co-CEO
  • 3.91M
  • fangfang cai
  • Executive Director, Deputy General Manager
  • 3.62M
  • xin fu
  • Executive Director, Deputy General Manager, Chief Operating Officer
  • --
  • xiaotao guo
  • Executive Director, Co-CEO, Deputy General Manager
  • 2.17M
  • jiren xie
  • Non-executive Directors
  • 548.00K
  • xiaoping yang
  • Non-executive Directors, Member of the Risk Management Committee, Strategy Committee Members, Audit Committee Members
  • 548.00K
  • jianfeng he
  • Non-executive Directors, Strategy Committee Members
  • 500.00K
  • xun cai
  • Non-executive Directors
  • 548.00K
  • chengye wu
  • Independent Non-Executive Director, Audit Committee Members, Nomination Committee Members, Remuneration Committee Members, Member of the Risk Management Committee
  • 548.00K
  • yiyun chu
  • Independent Non-Executive Director, Audit Committee Members, Nomination Committee Members, Remuneration Committee Members, Member of the Risk Management Committee
  • 548.00K
  • hong liu
  • Independent Non-Executive Director, Strategy Committee Members, Remuneration Committee Members, Nomination Committee Members
  • 548.00K
  • gangping wu
  • Independent Non-Executive Director, Audit Committee Director, Director of the Risk Management Committee
  • 548.00K
  • li jin
  • Independent Non-Executive Director, Chairman of the Nomination Committee, Remuneration Committee Chairman, Member of the Strategy Committee
  • 548.00K
  • guangqian wang
  • Independent Non-Executive Director, Remuneration Committee Members, Member of the Risk Management Committee, Nomination Committee Members, Audit Committee Member
  • 244.00K
  • jianyi sun
  • Chairman of the Supervisory Board, Employee Representative Supervisor
  • 4.08M
  • xinrong zhu
  • External Auditors
  • 548.00K
  • huaijing liu
  • External Auditors
  • 548.00K
  • jiaxi hong
  • External Auditors
  • 548.00K
  • zhiliang wang
  • Employee Representative Supervisor
  • 2.24M
  • baoxin huang
  • Deputy General Manager
  • --
  • ruisheng sheng
  • Board Secretary, Authorized Representative, Company Secretary
  • --
  • zhichun zhang
  • Chief Financial Officer
  • --
  • jianping sun
  • Chief Human Resources Executive
  • --
  • xiaolu zhang
  • Compliance Officer
  • --
  • bin deng
  • Assistant to the General Manager, Chief Investment Officer
  • --
  • yuqiang huang
  • Person Responsible for the Audit, General Manager of Audit and Supervision Department
  • --
  • shibang guo
  • Assistant to the General Manager, Chief Risk Officer
  • --

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