About Ping An

Ping An was established in Shenzhen in 1988 as a small insurance company with only 13 employees. Since then, Ping An has now grown remarkably into an integrated financial group which holds not only insurance business, but banking, investment and internet businesses with more than 1.4 million employees covering all China, ranking No.39 in “Fortune Global 500” in 2017.

PING AN Grouphttp://ir.pingan.com/en/index.shtml

Company Name Ping An Insurance (Group) Company of China, Ltd.
Headquarters Shenzhen, China
Established 1988
Chairman & CEO Ma Mingzhe
Business Insurance, banking, investment and internet financial services
Total Assets CNY5,576.9 billion
Revenue CNY774.4 billion *FY2016
Employees 275,000 full-time, 1,100,000 sales agents
Rankings  Global No.39 (Fortune Global 500 in 2017)
 China No.9 (Fortune China 500 in 2017)

Investment examples by Ping An

Company name:Shanghai Jahwa

It is a leading company group in consumer products which holds 18 group companies including wholly-owned and minority-owned companies. Shanghai Jahwa United Co., Ltd. (listed on Shanghai Stock Exchange) is a manufacturer of sanitary materials, cosmetics and household chemical goods, leading in the Chinese cosmetics market.

Company name:Yihaodian

The company operates the China’s greatest e-commerce site for consumers, substituting supermarkets and department stores. Walmart, seeking its international strategy, has acquired 100% stake of the company.

Company name:Greenland

The company is ranked No.2 in the Chinese real estate market. As an integrated company group, the major business of which is real estate, it is ranked at the top in China. In the housing market, the company’s quality is highly evaluated at the top level.

Investment examples by Ping An PE (Healthcare)

Medicine

Company name:WuXi AppTec

WuXi PharmaTech is a leading R&D service provider for development of medicine, bio and medical equipment. Its customers include Pfizer, Merck, AstraZeneca, Novartis, Genentech, etc.

Company name:Yunnan Baiyao

Yunnan Baiyao Group is the Chinese best-known medical company located in Yunnan. Not only is it large in size, but also holds prominent positions in terms of brands and total company power in China.

Healthcare Services

Company name:Meinian Onehealth Healthcare

The company provides medical examination and health screening services in the largest size in China. It operates totally 200 medical centers in 44 cities in 29 provinces, far surpassing other companies in size.

Company name:American-Sino

The company operates private hospitals in Beijing, Shanghai, Hangzhou, etc., providing high-quality medical service specializing in gynecology and pediatrics.

Company name:Red Leaf

The company operates private hospitals in Shanghai, providing high-quality medical service specializing in gynecology and pediatrics.

Investment examples by Ping An VC (Healthcare)

Medical Service

Company name:Hangzhou KangSheng Health Consulting

The company provides a China’s No.1 platform for diabetes management, connecting smart devices and patients. It has strategic alliances with insurance companies, blood-glucose measuring equipment manufacturers and drug shops.

Company name:解码DNA

The company is a national top DNA testing company, differentiating itself by brand and technology. It has already begun sales promotion to Ping An customers to gain awareness.

Medical Data

Company name:Beijing Neusoft Viewhigh Technology

It is the top company in ERP for hospitals and resource management system in regional medicine. It has gained more than 1,200 customers in 12 years, 322 of which is large hospitals.

Company name:思派(北京)网络科技

It is often compared with Flatiron Health in the U.S. It has the largest database of tumors, covering 20 types of tumor, coordinating with 243 hospitals specializing in tumors and managing more than 70,000 clinical records.

Company name:北京融贯电子商务

The company provides a B2B platform for 100,000 drug shops to buy/sell medicine. The monthly transaction value is CHY500 million.

Medical Technology

Company name:Rani Therapeutics

It has developed a new method of oral administration of polymer medicine, substituting injection. Its first success was oral administration of insulin. Google, Ping An, Novartis, KPC Pharmaceuticals, etc. have invested into the company.

Company name:Ativa Medical Corp.

It has developed a product which enables speedy testing of small amount of blood. The investment is co-investment with Lab corp, Fuson, etc.

Company name:Glusense

It is a Israeli company which develops small device under the skin to continuously measure blood glucose.