Zhongan Online P&C Insurance Co., Ltd. Class H
0.97
EUR
-0.11
(-10.21%)
ISIN
CNE100002QY7
Return %
Stock
S&P 500
1Y
-46.73
14.20
3Y
-62.76
81.12
5Y
-71.75
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Semi-annual Revenue
CNY
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in mil. unless spec.Semi-annual Earnings Per Share
CNY
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in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Xing Jiang
- Full Time Employees
- 2,242
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- 219 Yuanmingyuan Road Shanghai SH China 200002
- IPO Date
- Sep 28, 2017
- Website
- zhongan.com
- Similar Companies
- Business
- ZhongAn Online P & C Insurance Co., Ltd. (6060.HK) operates as China's pioneering internet-based InsurTech company, providing online property and casualty insurance products and technology services through its dual-engine Insurance + Technology strategy; it offers critical illness, health, outpatient and emergency coverage; e-commerce protection; flight accident, delay, travel accident, and cancellation insurance; motor vehicle insurance including compulsory traffic liability and new energy vehicle coverage such as Zhong Yan Bao warranty extension; cargo and shipping return insurance; credit and bond insurance; pet insurance encompassing pet food safety, transport protection, anesthesia accidents, critical illness, third-party liability, and death compensation; liability insurance; drone damage and third-party liability solutions; household property insurance; and innovative products like Zhong Min Bao series for substandard risks including mid-to-high-end medical insurance, Personal Clinic Policy iterations, phone screen cracking, and NFT Digital Pet ID using blockchain; the company also provides banking services via ZA Bank offering deposits, loans, transfers, card spending, foreign exchange, insurance, investments including Hong Kong stocks, US stocks, funds, and cryptocurrencies, and business banking; technology services include AI platform Lingxi for full-chain insurance applications, IT consulting, international IT solutions, asset management, internet hospital, pharmacy, Fintech, SaaS platforms for medical records access, claims compensation, and risk management; and other services such as insurance brokerage and online life insurance. ZhongAn serves ecosystems in health, digital lifestyle, consumer finance, and auto, targeting individual consumers aged 20-35, pet owners, drone users, new energy vehicle owners, e-commerce participants, and enterprises; it operates primarily in the People's Republic of China with international elements through subsidiaries like ZhongAn International, ZhongAn Technology focusing on AI, blockchain, cloud computing, and data analytics, ZA Bank in Hong Kong, ZA Insure, ZhongAn Small Loans, ZhongAn Brokerage, Nuawa Technology, and Zhongqi Anchain; the company maintains proprietary D2C channels, partnerships with platforms for short videos and livestreaming, and collaborations such as with AXA Tianping and Baosheng Biological. Founded in 2013 and headquartered in Shanghai, China, by prominent figures including Jack Ma of Alibaba, Pony Ma of Tencent, and Mingzhe Ma of Ping An Insurance, ZhongAn listed on the Hong Kong Stock Exchange in September 2017 as the first FinTech company to do so. Recent developments include completing a US$500 million H share placement in July 2025 raising HK$3.92 billion through 215 million new shares at HK$18.25 each to bolster capital for insurance underwriting, asset management, FinTech innovations, and general purposes, representing 12.76% of enlarged share capital and marking its first equity financing since IPO; launching Zhong Min Bao Mid-to-High-End Medical Insurance in February 2025 and advancing pet insurance with NFC tap-and-pay and NFT integrations; achieving underwriting profit of RMB656 million in first-half 2025 with combined ratio of 95.6% improved 2.3 points year-on-year and net profit of RMB668 million surging 1,103.5%; ZA Bank recording first profit of HKD49 million with net revenue up 82.1%; capital and surplus reaching RMB21.6 billion as of June 2025 expected to grow over 15% post-placement; and AM Best revising outlooks to positive while affirming A- Financial Strength Rating in November 2025 citing very strong balance sheet and favorable business profile.