CPIC settles Greater Bay Area headquarters in Tianhe
The Guangdong-Hong Kong-Macao Greater Bay Area headquarters of China Pacific Insurance Company (CPIC) recently settled in the Tianhe central business district (CBD).
The headquarters is one of CPIC's measures to engage in the development of the Greater Bay Area. It will conduct investment and financing cooperation in the fields of energy, transportation, municipal administration, new infrastructure, urban renewal, as well as big health with Tianhe district.
About 70,000 square meters of commercial buildings in the Yuehai Finance Center had been purchased by CPIC for its Greater Bay Area headquarters.
The building purchased by CPIC will be renamed CPIC Financial Building. [Photo/WeChat account: gztzth]
CPIC has been included in the Fortune Global 500 for 11 consecutive years. Its revenue in 2021 exceeded 440.64 billion yuan ($65.24 billion), while its operating profit reached 35.35 billion yuan and its assets under management were valued at 2.6 trillion yuan.