Established in 1988, Ping An Insurance is the first insurance company in China to adopt a shareholding structure. It has since developed into a personal integrated financial services group with three core businesses: insurance, banking, and investment. The company aims to become China's leading personal integrated financial services provider by focusing on building a financial supermarket and promoting customer migration in its traditional business, while striving for innovation in its non-traditional business by integrating financial services into everyday life. Ping An Insurance recorded annual revenues of $166.37 billion and a net profit of $12.64 billion in 2022.