On April 6, HuiKaYan, Chairman of Evergrande Group Board of Directors, and Xia Haijun, Vice Chairman of Board of Directors and President, met with Wu Yan, Chairman of People’s Insurance Company of China and other senior teams in Beijing, the two sides have reached broad consensus on deepening the cooperation. After that, HuiKaYan and his delegate members have also gone to Beijing, Shanghai and Shenzhen to meet with some financial institutions and corporate executives such as ICBC.

Li Yuquan and Yu Xiaoping, Vice President of PICC, Zhang Hui, General Manager of the Department of Business Assets, Sheng Jin, General Manager of Department of Financial Asset Investment and Management, Pan Darong, Vice President of Evergrande Group, and Peng Jianjun, Vice President of Evergrande Finance Group, also attended the meeting.

Wu Yan said PICC signed a strategic cooperation agreement with Evergrande Group in Beijing last year and established a long-term, stable and mutually beneficial strategic and cooperative relations, the two sides will make best use of their respective advantages in the future, and continue to deepen multi-level strategic cooperation on insurance, health, the Internet and other fields. HuiKaYan said Evergrande Group holds full confidence about the cooperation with PICC and the group will actively cooperate with PICC, expand the fields of cooperation, and achieve win-win development.

The scene of the two sides meeting with each other

As the data has revealed, PICC is a large state-owned insurance and finance group, and it owns a dozen of professional subsidiaries such as PICC Property, PICC Assets, PICC Health, PICC Life Insurance, PICC Investment Holdings, and PICC Capital.

It’s learned that HuiKaYan and his delegates also met respectively with several financial institutions and enterprise senior teams in Beijing, Shanghai and Shenzhen from April 5 to 9, and the institutions and enterprises at this meeting are all leaders in the financial industry and fully reinforced. In addition to PICC, they include Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, CITIC Group, and central financial institutions and enterprises such as China Merchants Group; China Minsheng Bank, Bank of Shanghai, Shanghai Pudong Development Bank and other large commercial banks and CITIC Securities, Guotai Junan, China Asset Management, Hua An Funds and other leading securities and fund companies.