Home > Investor Relations > Company Profile > Basic Information
Basic Information
Update Time:2024-03-28

New China Life Insurance Company Ltd. (“NCI”) was founded in September 1996, with its headquarters in Beijing,  NCI is a nationwide company with annual gross written premiums of over RMB160 billion and total assets of over RMB1.4 trillion, and was listed on the SSE and the HKSE. NCI has been a member of Fortune 500 and world’s top 500 public companies by Forbes, and was rated “A” by Fitch Ratings and “A2” by Moody’s Ratings in Insurer Financial Strength for consecutive years. Major shareholders of NCI are Central Huijin Investment Ltd. and China Baowu Steel Group Corporation Limited. NCI owns subsidiaries including New China Asset Management Co., Ltd., Xinhua Village Seniors Service (Beijing) Co., Ltd., New China Electronic Commerce Co., Ltd., New China Health Technology (Beijing) Co., Ltd., New China Pension, Co., Ltd. and New China Life Excellence Health Investment Management Co., Ltd. etc. In 2011, NCI was dually listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange with H-share code of 01336 and A-share code of 601336.

NCI has been committed to forging China’s best financial service group with comprehensive life insurance business as its core, and provided customers with protection and wealth planning products and services that cover their whole life. The Company has promoted the development of old-age care and healthcare industries and strived to make assets management business bigger and stronger to support the development of life insurance business. NCI has over 1,700 subordinate entities, and established nationwide and diversified marketing and service networks, offering convenient and high-quality life insurance products and services to customers.