Huaxia Life Insurance

Chinese insurance company

Huaxia Life Insurance
Trade name
Hua Insurance
Company typeprivate
IndustryFinancial services
Founded30 December 2006 (2006-12-30)
Headquarters
Tianjin
,
China
Serviceslife insurance
RevenueIncrease CN¥27.563 billion (2015)
Increase CN¥2.344 billion (2015)
Net income
Increase CN¥1.464 billion (2015)
Total assetsIncrease CN¥263.845 billion (2015)
Total equityIncrease CN¥16.924 billion (2015)
Footnotes / references
in a consolidated basis, excluding minority interest[1]
Huaxia Life Insurance Co., Ltd.
Simplified Chinese华夏人寿保险股份有限公司
Literal meaningHuaxia Life Insurance, Company Limited by Shares
Alternative Chinese name
Simplified Chinese华夏保险
Literal meaningHuaxia Insurance

Huaxia Life Insurance Co., Ltd. known also as Hua Insurance in English, is a Chinese insurance company based in Tianjin. In July 2020, the Chinese government announced that it would take over the company.[2]

Equity investments

As of 31 December 2015[1]
  • Guangzhou Aoyu (46.04%)[3]
  • Leshi Zhixin (1.1310%)[4]
  • Ping An Insurance (3.40%)[5]

Shareholders

As of 31 December 2015[1]
  • Chinese: 北京世纪力宏计算机软件 (20.00%)
  • Chinese: 北京千禧世豪电子科技 (20.00%)
  • Chinese: 山东零度聚阵商贸 (14.90%)
  • Chinese: 北京中胜世纪科技 (13.40%)
  • Chinese: 北京百利博文技术 (13.37%)
  • Chinese: 天津华宇天地商贸 (11.24%)
  • Tianjin Port Group (5.23%)
  • Chinese: 内蒙古金平投资 (0.98%)
  • Chinese: 北京龙达鑫锐科贸 (0.35%)
  • Chinese: 中国京安信用担保 (0.30%)
  • Chinese: 礼泉县袁家投资 (0.13%)
  • Chinese: 北京国伦咨询顾问 (0.09%)

References

  1. ^ a b c "2015 Annual Report" (PDF) (in Chinese). Huaxia Life Insurance. 29 April 2016. Retrieved 21 January 2017.
  2. ^ Xie, Stella (20 July 2020). "Chinese Regulators Take Over Nine Financial Institutions, Citing Risks". Wall Street Journal. New York City: Dow Jones & Company.
  3. ^ "MAJOR TRANSACTION - INVESTMENT BY HUAXIA LIFE INSURANCE CORPORATION LIMITED AND DEEMED DISPOSAL OF THE GROUP OF APPROXIMATELY 46.04% OF THE EQUITY INTERESTS IN GUANGZHOU AOYU" (PDF). China Aoyuan Property. Hong Kong Stock Exchange. 1 December 2014. Retrieved 21 January 2017.
  4. ^ 关于公司重大事项暨引入战略投资者的公告 (PDF). Le.com (in Chinese). Shenzhen Stock Exchange. 14 January 2017 [Written on 13 January 2017]. Archived from the original (PDF) on 18 January 2017. Retrieved 18 January 2017.
  5. ^ "2015 Annual Report" (PDF). Ping An Insurance. Hong Kong Stock Exchange. 29 March 2016. Retrieved 20 October 2016.

External links

  • Official website (in Chinese)
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