China Taiping Insurance Group Company Limited (“China Taiping”) was founded in Shanghai in 1929 and is the longest‑operating national insurance brand in Chinese history. The Group traces its roots to three major national brands—Taiping Insurance, China Insurance, and Ming An Insurance. As early as the 1930s, China Taiping established its first overseas subsidiary in Hong Kong, China. Today, China Taiping is the only state‑owned financial enterprise based overseas and has set up 20 overseas subsidiaries across 11 countries and regions, supporting the Group’s global development strategy. China Taiping Insurance (LU) S.A. (“China Taiping Luxembourg”), established in 2022, is a subsidiary of China Taiping Insurance Group and serves as the Group’s EU hub.