Ping An Insurance (Group) Company Of China Ltd(601318) participation in the reorganization of Founder group finally landed.
on January 31, 2022, Ping An Insurance (Group) Company Of China Ltd(601318) announced that its Ping An Life Insurance received the reply on equity investment in new Founder group of Ping An Insurance (Group) Company Of China Ltd(601318) Life Insurance Co., Ltd. issued by China Banking and Insurance Regulatory Commission. This means that the China Banking and Insurance Regulatory Commission agreed that Ping An life would invest in the new Founder group.
Ping An Insurance (Group) Company Of China Ltd(601318) said that in the next step, it will strictly implement the approval requirements, actively promote the agreement on restructuring investment and the restructuring plan with all parties, and orderly promote asset delivery, business development, asset disposal and other matters.
Insiders believe that from the perspective of the asset package of new Founder group, it includes many core sectors such as medical treatment, Finance ( Founder Securities Co.Ltd(601901) , Peking University Founder life insurance) and information technology, which may be favored by Ping An Insurance (Group) Company Of China Ltd(601318) , which is consistent with the “big financial assets” and “big medical and health” ecosystem currently constructed.
48.2 billion yuan transferred 66.51% equity
Last year, Ping An Insurance (Group) Company Of China Ltd(601318) announced that Ping An Life plans to acquire 51.1% to 70.0% of the equity of new Founder group at a consideration of 37.05 billion yuan to 50.75 billion yuan.
According to the announcement released today, Ping An Life plans to invest about 48.2 billion yuan to acquire about 66.51% of the equity of new Founder group according to the agreement on restructuring investment and the choice of creditor’s rights settlement plan of the restructuring subject.
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.
what does Ping An like about founder?
Xie Yonglin, general manager and co CEO of Ping An Insurance (Group) Company Of China Ltd(601318) group, revealed in an exclusive interview with Shanghai Securities News that he spent a lot of money to participate in the reorganization of Founder group, mainly for the following two reasons:
first, Ping An Group is rooted in Dawan District, and founder’s information industry also has an industrial cluster foundation in Dawan district. Coupled with Peking University’s scientific research ability and achievements in this industry, through the integration of industry, University and research, it will accelerate Dawan district to establish an international, independent and controllable core competitiveness in the field of information industry. Ping An Group, as an enterprise in Dawan District, is duty bound to this, which is also the embodiment of financial support entities.
second, Founder Group has abundant medical resources and strong research strength of the medical department of Peking University. It has strong synergy with the main insurance business of Ping An Group and the group’s large medical and health strategy in the future, and can provide customers with financial services with temperature and scenes.
Many industry insiders believe that the “Finance (especially securities) + medical + information” under Founder group should be a high-quality resource that Ping An Insurance (Group) Company Of China Ltd(601318) focuses on, which is conducive to its layout of relevant ecosystems.
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 competitive business segment of new Founder group, Peking University medical sector under new Founder Group has a world-class medical brand and Peking University International Hospital with the mission of “building a world-class hospital”, whether in terms of offline industrial scale, medical technology R & D and application level, or medical and health big data accumulation, 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”.
In addition, industry analysts believe that Founder Securities Co.Ltd(601901) is also a high-quality asset of Founder group. If you can take Founder Securities Co.Ltd(601901) under your command, the business department layout of Founder Securities Co.Ltd(601901) can complement Ping An Securities, which is conducive to the further expansion of Ping An Securities and further enhance Ping An Insurance (Group) Company Of China Ltd(601318) ‘s strength in asset management.
