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100 Yuan 30th Anniversary of China Ping An Group
| Issuer | People's Republic of China |
|---|---|
| Year | 2018 |
| Type | Non-circulating coin |
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|---|---|
| Obverse script | Chinese |
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| Reverse description | The reverse displays a Giant Panda in close-up portrait, seated and facing slightly left, depicted with fine naturalistic detail amid bamboo shoots in the lower right field. The denomination 100元 appears in the lower exergue in a serif typeface. The legend 30TH ANNIVERSARY OF PING AN arcs along the upper rim in Latin characters, while the specifications 8g Au.999 are inscribed in the upper field, confirming the coin's gold content and weight. |
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| Additional information |
Ping An Group was founded in Shekou, Shenzhen in 1988 — the first joint-stock insurance company in China — at a time when private financial institutions were an ideological novelty in a still-reforming economy. By its 30th anniversary it had grown into one of the largest financial conglomerates in the world by market capitalization, a trajectory few observers in 1988 would have predicted for an insurer launched in a special economic zone with minimal capital.
Corporate commemoratives of this type were issued under the People's Bank of China's legal tender framework but sold primarily through Ping An's own distribution channels to institutional clients and collectors.