Ping An establishes China’s first charitable trust for mangrove ecosystem conservation to promote sustainable development

HONG KONG and SHANGHAI, Oct. 20, 2023 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318) established the Ping An Biodiversity and Environmental Conservation Charitable Trust (hereinafter “the Trust”) at a signing ceremony in Shenzhen. It is the first charitable trust in China to focus on the conservation of mangrove ecology and aims to protect biodiversity, and promote ecological conservation and sustainable development. The Trust was initiated with a donation of RMB10 million from the Shenzhen Ping An Public Welfare Foundation, with Ping An Trust as the trustee. The Shenzhen Mangrove Wetlands Conservation Foundation is the charitable project manager.

In September 2023, the world’s first international mangrove center was launched in Shenzhen. Ping An has been at…