China Ping An Trust & Investment Co., Ltd.was established in 1996. It is one of the subsidiaries of Ping An Insurance (Group) Company of China, Ltd. It was among the first batch of trust investment companies to be given approval by The People's Bank of China in February 2002 for re-registration.
In October 2003, the company realized the need for further cash and increased its capital base with its registered capital rising to RMB2.7 billion, which made it one of the biggest trust companies in mainland China.