News - China: Ping An's Chairman and CEO to Set Up Mingyuan Foundation
Source: Asia Insurance Review | Nov 2007
In a laudable act of philanthropy, Chairman and CEO of Ping An Insurance (Group), Ma Mingzhe and his family have donated RMB 20 million (US$2.66 million) to set up the Mingyuan Foundation under the China Soong Ching Ling Foundation. The donation will be increased to RMB 100 million (US$13.3 million) in five years.
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