On 17 February, 2020, Ping An Insurance Co., Ltd. initiated the establishment of the "Ping An Annuity-Hubei Trading Ziyun Railway Infrastructure Debt Investment Scheme" ("Ziyun Railway Debt Scheme"), which is registered successfully at the Insurance Asset Management Association of China.
The Ziyun Railway Debt Scheme is the first batch of anti-epidemic insurance funds registered with the Association since the coronavirus outbreak in Hubei. This project aims to develop local railway in Yichang with a planned investment scale of RMB 1.462 billion, providing financial support for the local cargo railway companies fighting the epidemic in Hubei, the main battlefield of the epidemic.
