Ping An Insurance (Group) Company of China, Ltd. ("Ping An", "the Company" or "the Group") was established in Shekou, Shenzhen, in 1988. The Group was the first insurance company in China to adopt a shareholding structure. It has developed into a personal financial services group with three core businesses insurance, banking and investment enjoying parallel growth of its core finance and internet finance businesses. The Groups shares are listed on the Stock Exchange of Hong Kong (stock code: 2318) and the Shanghai Stock Exchange (stock code: 601318). Ping An endeavors to become a world-leading personal financial service provider upholding the belief of "technology-driven financial services for a better life", focusing on "big financial assets" and "big health care". It pursues growth in insurance, banking, asset management, and internet finance and provides customers with an excellent experience of "expertise makes life easier". It has achieved sustainable growth in profits, and has provided long-term stable returns to shareholders. Ping An is one of Chinas personal financial service groups with the most comprehensive range of financial business licenses, the widest business scope, and the most compact shareholding structure. The subsidiaries of Ping An include Ping An Life, Ping An Property & Casualty, Ping An Annuity, Ping An Health, Ping An Bank, Ping An Trust, Ping An Securities, and Ping An-UOB Fund. Covering the entire financial services spectrum, Ping An has become one of the few financial groups in China that can provide customers with a full range of financial products and services, including insurance, banking and investment. Besides, after years of deployment and efforts, Ping An's internet business has experienced a boom, and its online user base recorded high growth. As at June 30, 2017, Ping An's online user base had grown to about 403 million users, up 16.4% from the beginning of the year. Source
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