On January 31, 2022, Ping An Insurance (Group) Company Of China Ltd(601318) announced that its Ping An Life received the reply of China Banking and Insurance Regulatory Commission on equity investment in new Founder group of Ping An Insurance (Group) Company Of China Ltd(601318) Life Insurance Co., Ltd. issued by Bank Of China Limited(601988) Insurance Regulatory Commission.
Accordingly, the China Banking and Insurance Regulatory Commission agreed that Ping An life would invest in the new Founder group. Next, Ping An Insurance (Group) Company Of China Ltd(601318) will strictly implement the approval requirements, actively promote the agreement on restructuring investment and the agreement on restructuring plan with all parties, and orderly promote asset delivery, business development, asset disposal and other matters.
According to the announcement, according to the provisions of the restructuring investment agreement and the selection of creditor’s rights settlement scheme by the restructuring subject, Ping An Life plans to invest about 48.2 billion yuan to acquire about 66.51% of the equity of xinfangzheng holding Development Co., Ltd. (hereinafter referred to as “xinfangzheng group”).
The group has successfully entered the “1 + 4” operation stage with the strong support of all parties.
On April 30, 2021, Ping An Insurance (Group) Company Of China Ltd(601318) signed the restructuring investment agreement of Founder group with all parties;
On June 28, 2021, Beijing No. 1 Intermediate People’s court ruled to approve the reorganization plan (Draft) of five companies including Peking University Founder Group Co., Ltd;
On August 11, 2021, Ping An Life’s acquisition of the equity of xinfangzheng group was approved by the antitrust bureau of the State Administration of market supervision and administration;
From October 21, 2021 to January 25, 2022, new founder holding Development Co., Ltd., Peking University Medical Management Co., Ltd., founder Information Industry Co., Ltd., founder International Trade Co., Ltd., founder commercial real estate Co., Ltd., founder Commercial Management Co., Ltd Founder International Education Consulting Co., Ltd. and other seven new Founder group entities were registered and established in batches.
in recent years, Ping An Insurance (Group) Company Of China Ltd(601318) has focused on large financial assets and large medical health, comprehensively built a medical health ecosystem, deeply served the participants in all links of the medical industry, and widely empowered it in the main financial industry. as the core business segment of the new Founder group, the medical sector of Peking University under the new Founder Group has an international first-class medical brand and Peking University International Hospital with the mission of “building an international first-class hospital”, whether in terms of offline industrial scale, medical technology R & D and application level, or the accumulation of medical and health big data, They are highly consistent with the strategic layout of Ping An Insurance (Group) Company Of China Ltd(601318) medical and health ecosystem. It is reported that on October 28, 2021, Ping An Insurance (Group) Company Of China Ltd(601318) the first batch of high-end health management centers were established simultaneously in Beijing and Shenzhen. These health management centers rely on medical resources such as Peking University International Hospital and Ping An Longhua Hospital to provide customers with prevention, medical treatment, rehabilitation and other closed-loop health management services. This is an important layout of Ping An in the field of high-end health management and a new exploration of the innovative service mode of “insurance + health”.
Ping An Insurance (Group) Company Of China Ltd(601318) said that participating in the reorganization of Founder group is an important measure for the company to further deepen the strategic layout of the medical and health industry and actively build a medical and health ecosystem. The company is committed to becoming the world’s leading service provider of “comprehensive finance + medical health” and continues to build a “HMO + family doctor + o2o” medical health ecological model with Chinese characteristics. In the future, by closely combining the high-quality medical resources under Peking University Medical Industry Group Co., Ltd. with Ping An’s financial professional ability and medical science and technology ability, we will continue to build a medical and health ecosystem with “scene, service, temperature and frequency”, create a new engine for the sustainable growth of the company’s value in the future, and contribute to the construction of “healthy China”.
