New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan () is a Chinese life insurance company based in Beijing. The

Chinese government The Government of the People's Republic of China () is an authoritarian political system in the People's Republic of China under the exclusive political leadership of the Chinese Communist Party (CCP). It consists of legislative, executive, m ...

owns more than half of the shares of the company via sovereign fund Central Huijin, via state-owned enterprise

Baosteel Group China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned pe ...

and a financial service company

China Securities Finance China Securities Finance Corp., Ltd. (CSF) is a Chinese state-owned financial services company founded in 2011. The company funded securities firm of China (firm that provides investment banking and brokage) for their margin business as well as ...

. The company is a constituent of stock market indice SSE 50 Index (blue chip of Shanghai Stock Exchange),

CSI 300 Index The CSI 300 () is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes: the CSI 100 Index and the CS ...

FTSE China A50 Index FTSE China A50 Index (was known as FTSE–Xinhua China A50 Index) is a stock market index by FTSE Group (FTSE–Xinhua joint venture until 2010), the components were chosen from Shanghai Stock Exchange and Shenzhen Stock Exchange, which issue A-sh ...

and

Hang Seng China Enterprises Index Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip. H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainlan ...

. The company was ranked 427th in 2016

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed onl ...

and 297th in 2016 Forbes Global 2000.

Equity investments

The company invested the premium received to several publicly traded company of China, notably Hikvision (0.51% stake in 2015), Industrial Bank (0.21% stake in 2015) and

Tianqi Lithium Tianqi Lithium Corp (; previously Sichuan Tianqi Lithium Industries, Inc.) is a Chinese mining and manufacturing company based in Sichuan. As of 2018, the company controls more 46% of the production of lithium worldwide. Production World product ...

(5.20% stake in 2015).

Shareholders

;Top 10 shareholders * State Council of the People's Republic of China (47.36%, as A shares) **

Central Huijin Investment Central Huijin Investment Co., Ltd. is a Chinese investment company owned by the government of the People's Republic of China. Established in 2003, it became a wholly owned subsidiary of China Investment Corporation, with its own Board of Direct ...

(32.25%, as A shares) **

China Baowu Steel Group China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned pe ...

(15.11%, as A shares) *

Swiss Re Swiss Reinsurance Company Ltd,
Swiss Re. Retrieved on 18 January 2011. "Swiss Reinsurance Company Ltd ("Swiss Re") ...

(4.90%, as H shares) *

Fosun International Fosun International Limited is a Chinese multinational conglomerate holding company. Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Q ...

(3.28%, as H shares) *

(2.70%, as A shares) *

BlackRock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill ...

(1.92%, as H shares) * Beijing Taiji Huaqing Information System (0.71%, as A shares) * Tibet Shannan Xinshang Investment Management (0.36%, as A shares) * HFT Investment Management –

Agricultural Bank of China Agricultural Bank of China (ABC), also known as AgBank, is one of the " Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, ...

– Huaneng Guicheng Trust: No.3 Assembled Funds Trust Plan of HFT Securities Investment (0.24%, as A shares) * Industrial and Commercial Bank of China: Harvest New Opportunity Flexible Allocation Mixed Launched Securities Investment Fund (0.23%, as A shares) *Note: As all the H shares were held by a proxy: HKSCC Nominees Limited, as well the threshold to disclose the share holding was 5% (of total H shares capital), the list may incomplete.

References

External links

* {{authority control Companies listed on the Shanghai Stock Exchange Companies in the CSI 100 Index Companies in the Hang Seng China Enterprises Index Companies listed on the Hong Kong Stock Exchange Insurance companies of China Companies based in Beijing Financial services companies established in 1996 H shares Chinese brands Chinese companies established in 1996 Baowu Government-owned companies of China China Investment Corporation Government-owned insurance companies