On the afternoon of April 24th, PICC signed strategic cooperation agreement with Evergrande in Beijing to establish long-term, stable and mutual-benefit cooperation.

Chairman and Party Secretary Wu Yan, Deputy Chairman. President and Deputy Party Secretary Wang Yincheng, Vice-president Li Yuquan of PICC; Evergrande’s Chairman Hui Ka Yen, Deputy Chairman and President Xia Haijun, Executive Vice President as well as Chairman of Evergrande Health Tan Zhaohui, and senior executives from both companies participated in the signing ceremony.

Two companies signing agreement

Two companies signing agreement

Both companies agreed that PICC and Evergrande would carry out multilevel strategic cooperation in commercial insurance, pension industry, health management, internet resource sharing and investment and financing on the basis of their own industrial advantages and resources, so as to achieve mutual benefit.

Data revealed that PICC was a large-scale state-owned insurance financial group currently with over ten specialized subsidiary companies such as PICC P&C, PICC Assets, PICC Health, PICC Life, PICC Investment, PICC Capital and so on.

Group photo of both companies