The shareholders of Yongcheng Insurance are composed of large domestic and foreign power companies, industrial investment groups and financial holding groups. The shareholders of Yongcheng Insurance include Huaneng Capital Services Co., Ltd., Fengxin Financial Holdings Co., Ltd., Shenzhen Energy Group Co., Ltd., Northern United Power Co., Ltd., China Datang Corporation, China Huadian Group Capital Holdings Co., Ltd., and Guodian Capital Holding Co., Ltd., SPIC Capital Holding Co., Ltd., Swiss Re Insurance Co., Ltd., Fujian Investment Development Group Co., Ltd., Guohua Energy Investment Co., Ltd., Beijing Xinyuan Yelong Investment Management Co., Ltd. and Yunnan Power Grid Co., Ltd. . Strong shareholder strength, rich business resources, unique technical advantages and advanced management concepts have laid a solid foundation for the company's development and growth. At present, the shareholders of Yongcheng Insurance Power Co., Ltd. occupy half of the domestic power generation market, which is a solid backing for the company's sustainable and healthy development.
Ever since its establishment, Yongcheng Insurance has always focused on the field of electric energy and large-scale commercial risks, relying on its outstanding professional technical level, strong risk management and control capabilities, and an efficient and dedicated high-quality team to grow rapidly in market competition. At present, Yongcheng Insurance has strong capital, sufficient solvency and good assets. It has 34 provincial branches, more than 260 central branches and marketing services departments, forming a comprehensive national service network.
In recent years, Yongcheng Insurance has focused on accelerating the transformation of its development mode, deepening its adjustment of its operating structure, and constantly optimizing and innovating in terms of organizational structure, sales model, management process, and system platform, and actively adapts to changes in the market environment, overall strength and competition. Capability continues to improve. At present, Yongcheng Insurance provides professional and comprehensive risk control services to enterprises in the fields of power, petroleum, coal, public infrastructure construction, and shipping. At the same time, car insurance, health insurance, Internet insurance and other products launched by Yongcheng Insurance have also been welcomed and affirmed by the majority of insurance consumers.
In December 2015, Yongcheng Insurance was listed on the National SME Share Transfer System (hereinafter referred to as the "New Third Board") and publicly transferred. Yongcheng Insurance became the first domestic insurance company to log in the "New Third Board". Yongcheng Insurance successfully landed on the “New Third Board” market, marking a substantial step in the company's capital operation, and played a pioneering role for insurance companies through the development and expansion of domestic multi-level capital markets.
The business scope of Yongcheng Insurance has been continuously extended. Its "Yongcheng Finance" provides risk protection for Chinese companies to implement the "Belt and Road" strategy overseas. In 2016, Yongcheng Insurance Asset Management Company was approved for establishment, opening a new chapter for the company's development in the financial field. With excellent value growth and excellent brand image in recent years, Yongcheng Insurance has been continuously rated as "China's Top 10 Property Growth Companies with Value Growth" in 2015 and 2016.
At the same time as the healthy development of the company, Yongcheng Insurance has always actively fulfilled its corporate social responsibility and gave full play to the role of the "social stabilizer" of property insurance companies. Since its establishment, the accumulated compensation payments have exceeded 20 billion yuan, which has played an important role in helping insurance companies to resume production, promote social stability and economic development. At the same time, Yongcheng Insurance is also actively engaged in social public welfare undertakings. It has donated funds to build Siwen Yongcheng Central Primary School in Tongji Town, Pengzhou City, Sichuan Province, and Wangjialing Yongcheng Insurance Hope Primary School in Hanzhong City, Shaanxi Province to support the reconstruction of the disaster area. Support education in poor mountain areas and fulfill corporate citizenship obligations. In 2015, it co-sponsored the establishment of the "Mother Health Escort Action-Mother Health Insurance Fund" with the China Women's Development Foundation to provide insurance for impoverished mothers for major accidents and accidents. The first batch of funds was 10 million yuan for the construction of the fund platform.
Yongcheng Insurance will continue to be market-oriented, follow the development path of innovation and differentiation, pursue quality development and profitable growth; actively grasp the development trend of the times, tap the productivity of new technologies such as the Internet and new media, and build a professional The insurance operation service platform provides customers with comprehensive risk management services; builds a modern insurance company with first-class products, first-class services, first-class management and first-rate benefits, and promotes the company to embark on a group and international development path.