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New China Life Insurance

Chinese state-owned insurance company

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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 owns more than half of the shares of the company via sovereign fund Central Huijin, via state-owned enterprise Baosteel Group and a financial service company China Securities Finance.

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economy13 h ago
New China Life Insurance and partners establish a 2 billion RMB tech innovation industry investment fund

According to 36Kr, Tianyancha shows Jinshi (Hubei) Tech Innovation Industry Investment Fund Partnership (Limited Partnership) was established, with general partner CITIC Jinshi Investment Co., Ltd. The fund has paid-in capital of 2 billion yuan and its scope includes private equity, investment management, and asset management activities. The partners contributing to the fund are XinHua Life Insurance Co., Ltd, CITIC Jinshi Investment Co., Ltd, Jinshi Fengying (Qingdao) Equity Investment Partnership (Limited Partnership), and Jinshi Runze (Zibo) Investment Consulting Partnership (Limited Partnership).

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