Huaxia Life Insurance

Last updated

Huaxia Life Insurance
Hua Insurance
private
IndustryFinancial services
Founded30 December 2006 (2006-12-30)
Headquarters
Tianjin
,
China
Serviceslife insurance
RevenueIncrease2.svg CN¥27.563  billion  (2015)
Increase2.svg CN¥2.344 billion (2015)
Increase2.svg CN¥1.464 billion (2015)
Total assets Increase2.svg CN¥263.845 billion (2015)
Total equity Increase2.svg CN¥16.924 billion (2015)
Website www.hxlife.com   OOjs UI icon edit-ltr-progressive.svg
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]

Contents

Equity investments

As of 31 December 2015 [1]

Shareholders

As of 31 December 2015 [1]

Related Research Articles

China Unicom Chinese telecommunications company

China United Network Communications Group Co., Ltd. or China Unicom is a Chinese state-owned telecommunications operator of China. China Unicom is the world's fourth-largest mobile service provider by subscriber base.

Ping An Insurance Chinese insurance company

Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, and financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".

Peoples Insurance Company of China Chinese insurance company

The People's Insurance Company (Group) of China Limited, known as PICC Group or just PICC, is a Chinese listed insurer. The Chinese Central Government is the controlling shareholder.

Baowu Chinese state-owned company

China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned peer, Wuhan Iron and Steel Corporation in 2016.

Central Huijin Investment Co., Ltd. is a Chinese investment company owned by the government of the People's Republic of China. Established in 2003, it became a wholly owned subsidiary of China Investment Corporation, with its own Board of Directors and Board of Supervisors. Central Huijin's principal shareholder rights are exercised on behalf of the State Council. Central Huijin is an organization by which the Chinese government can act as a shareholder for the "big four" state owned banks, thereby improving corporate governance and initiating reforms of the banking industry.

Bank of Beijing commercial bank based in Beijing, China

Bank of Beijing Co., Ltd. is an urban commercial bank based in Beijing, China. According to the bank, most of the revenue came from Beijing, despite that the banking group had more than half of the branches located outside the direct-controlled municipality. Beijing Municipal People's Government and the Netherlands-based multinational bank ING Bank were the major shareholders of the bank.

China Pacific Insurance Company insurance company in Mainland China

China Pacific Insurance (Group) Co., Ltd. (CPIC) known as Pacific Insurance, is a Chinese insurance company. It was established on the basis of the former China Pacific Insurance Corporation, which was founded in 1991 approved by the People's Bank of China. Its headquarters is in Shanghai.

China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH), is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite incorporated in Hong Kong. It is considered as a red chip company.

Poly Real Estate Group Co., Ltd. is a Chinese real estate developer, and a subsidiary of state-owned China Poly Group. It principally engaged in the design, development, construction and sale of residential and commercial properties, as well as the provision of property management services. It is engaged in residential and commercial property development and property management services in China.

China Aoyuan Group

China Aoyuan Group Limited or Aoyuan is one of the largest-scale property developer headquartered in Guangzhou, Guangdong, China. It is engaged in the property development, leasing and hotel operations in Mainland China. It develops real estate properties in Chongqing, Shenyang, Yulin, Jiangxi, Qingyuan and Guangzhou.

Poly Property

Poly Property Group Co., Ltd., is a Hong Kong incorporated Chinese property developer, with its major businesses include property development, investment and management. It mainly develops mid to high-end residential and commercial properties in the cities along Yangtze River Delta and Pearl River Delta as well as the second-tier provincial capitals.

BAIC Motor Corporation Limited is a Chinese car manufacturer based in Beijing, China. The H shares of the company were traded in the Hong Kong Stock Exchange. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government.

Le.com, known legally as Leshi Internet Information and Technology Corp., Beijing, is a Chinese technology company, and one of the largest online video companies in China. It is headquartered in Chaoyang District, Beijing.

Oceanwide Holdings

Oceanwide Holdings Co., Ltd. is a Chinese publicly traded conglomerate. It was a subsidiary of Tohigh Holding, via intermediate holding companies Oceanwide Group and China Oceanwide Holdings Group.

China Orient Asset Management Co., Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.

CSC Financial Co., Ltd. trading as China Securities, is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio, as a successor of bankrupted China Securities Co., Ltd. (CSC). However, the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of Beijing Municipal People's Government.

Leshi Zhixin Electronic Technology (Tianjin) Co., Ltd. is a Chinese television manufacturer which was a subsidiary of Le.com. On 13 January 2017 it was announced that Sunac China would bought part of the stake, as well as subscription of new shares. Other new investors of the company were Huaxia Life Insurance (1.1310%) and a private equity fund LeRan Investment.

China National Aviation Holding

China National Aviation Holding Corporation Limited also known as Air China Group is a Chinese state-owned enterprise which is the parent company of Air China and Air Macau. The company was formed on 11 October 2002 by the merger of Air China, China Southwest Airlines, and China National Aviation Corporation (Group) Limited.

Xiao Jianhua is a Chinese-Canadian businessman and billionaire known for managing assets for descendants of prominent Chinese leaders. He was abducted to Mainland China in 2017.

Xiangxue Pharmaceutical

Xiangxue Pharmaceutical Co., Ltd. also known as XPH, is a Chinese pharmaceutical company. It was headquartered in Guangzhou Economic and Technological Development Zone, Guangzhou, the capital of the Guangdong Province. The company started in a place that near to the tourist spot Luogang Xiangxue, thus called itself Xiangxue.

References

  1. 1 2 3 "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. "Archived copy" 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.CS1 maint: archived copy as title (link)
  5. "2015 Annual Report" (PDF). Ping An Insurance. Hong Kong Stock Exchange. 29 March 2016. Retrieved 20 October 2016.