New China Life Insurance Co., Ltd. also known as New China Insurance (NCI) or Xinhua Baoxian Jituan (Chinese: 新华保险集团) 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.

Quick Facts Company type, Traded as ...

New China Life Insurance Co., Ltd.

Company type	State-owned enterprise; Public
Traded as	SSE: 601336 (A share) SEHK: 1336 (H share)
Industry	Financial services
Founded	September 1996 (1996-09)
Headquarters	NCI Tower, Beijing , China
Services	Life insurance
Revenue	CN¥157.918 billion (2015)
Net income	CN¥8.601 billion (2015)
Total assets	CN¥660.560 billion (2015)
Total equity	CN¥57.835 billion (2015)
Owner	Central Huijin (32.25%) Baosteel Group (15.11%) Swiss Re (4.90%) Fosun International (3.28%) others (44.46%)
Parent	State Council of China
Website	newchinalife.com
Footnotes / references in a consolidated basis[1]

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The company is a constituent of the CSI 300 Index, FTSE China A50 Index and Hang Seng China Enterprises Index, and is a former constituent of the SSE 50 Index (blue chip of Shanghai Stock Exchange).^{[citation needed]}

The company was ranked 427th in 2016 Fortune Global 500 and 297th in 2016 Forbes Global 2000.

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 (5.20% stake in 2015).^[1]

Top 10 shareholders

As of 31 December 2015^[1]

• State Council of the People's Republic of China (47.36%, as A shares)
  • Central Huijin Investment (32.25%, as A shares)
  • China Baowu Steel Group (15.11%, as A shares)
• Swiss Re (4.90%, as H shares)
• Fosun International (3.28%, as H shares)
• China Securities Finance (2.70%, as A shares)
• BlackRock (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 – 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.