On 21st January 2015, China Taiping and Fosun Group have formed a strategic partnership. Both sides are looking to strengthen and deepen cooperation in commercial property insurance, employee benefits insurance, pension, investment and financing and overseas business. According to the agreement, the collaboration will see both sides sharing complementary business resources and exploring China and overseas market opportunities.
China Taiping General Manager Li Jinfu, Deputy General Manager Peng Wei and Assistant to General Manager Jiao Yan Jun and Fosun Group Vice Chairman Liang Xinjun and CFO Ding Guo Qi attended the opening ceremony.
Fosun Group was founded in 1992 in Shanghai. Its parent company Fosun International (00656.HK) is a listed company on Hong Kong Stock Exchange. It is among top 100 of Fortune 500 of China after Sinopec, PetroChina, China State Construction Engineering and Lenovo. Fosun has established four business platforms comprising insurance, industrial investment, strategic investment and asset management.