Chinese People's Insurance Group Co., Ltd. *** referred to as "Chinese Insurance", a financial giant with a glorious history of 74 years, has witnessed the great journey of New China from standing up, getting rich to becoming strong. From the red blood in 1949 to the leader of today's comprehensive insurance and financial group, every step of Chinese Insurance is closely linked to China's development and people's well-being.
On October 20, 1949, on the eve of the founding of the People's Republic of China, the Chinese People's Insurance Company was officially established in Beijing. This moment not only marks the beginning of China's independent insurance business, but also represents the rise of the Chinese people in the financial sector. The first general manager was Hu Jingxuan, then deputy governor of the People's Bank of China, and his office was located at No. 108 Minxiang in the western suburbs of Beijing. On this day, the Chinese People's Insurance Company has become an important cornerstone of New China's financial undertakings.
From the early days of the founding of the People's Republic of China to the reform and opening up, Chinese has always kept up with the pace of national development and constantly innovated and made breakthroughs. In 1984, the company officially changed its name to Chinese People's Insurance Company. In the new century, with the rapid development of China's economy and the continuous deepening of the financial market, Chinese People's Insurance has begun to usher in broader development opportunities.
In 2003, Chinese Property & Casualty Insurance was successfully listed on the Hong Kong Stock Exchange, marking the beginning of Chinese mainland financial enterprises to enter the international capital market. In 2012, Chinese completed its H-share listing, further consolidating its leading position in China's insurance industry. In 2018, the company successfully landed on the Shanghai ** Stock Exchange and became the fifth "A+H" listed insurance company, which marks that Chinese Insurance has become a truly national and international large-scale financial group.
It is worth mentioning that Chinese Insurance has also made outstanding contributions in serving major national strategies. Following the service guarantee for the 2008 Beijing Olympic Games, in 2019, Chinese once again became the official partner of the Beijing 2022 Winter Olympics and Paralympics, which is the second time that Chinese has provided insurance services for the Olympic Games, demonstrating its outstanding strength and profound heritage in serving the "Double Olympic Games".
Today, Chinese has more than 10 professional subsidiaries, covering property insurance, life insurance, reinsurance, asset management, real estate investment and alternative investment, financial technology and other fields. With its wide range of business and deep services, it has become an influential comprehensive insurance and financial group in China and even in the world.
Looking back at the development history of Chinese Insurance, we can clearly see that this is an enterprise that has always been closely linked to the development of the country and the well-being of the people. From the red blood to the modern financial giant, every step of Chinese is full of tenacity and hard work, showing the glory and glory of China's financial industry.
Looking ahead, with the continuous development of China's economy and the deepening of the financial market, Chinese will continue to give full play to its advantages as a comprehensive insurance and financial group, continuously innovate products and services, and provide customers with more comprehensive and efficient insurance services. At the same time, Chinese will continue to actively participate in international competition and cooperation, promote China's insurance industry to the world stage, and make greater contributions to the realization of the Chinese dream of the great rejuvenation of the Chinese nation.