发力新能源车险，新财险公司开业！小米持股超三成

Core Viewpoint - Fabaa Tianxing Insurance officially opened on January 22, 2025, becoming the 90th property insurance company in China, aiming to leverage global resources and technological innovation to create value for customers [2][3]. Company Background - Fabaa Tianxing Insurance was approved for establishment in October 2024 and received its operating license from the financial regulatory authority on October 17, 2025. The company is based in Beijing and its business scope includes various types of insurance such as motor vehicle insurance, property insurance, liability insurance, and health insurance [3]. - The registered capital of Fabaa Tianxing Insurance is 1 billion RMB, with three major shareholders: Groupama, Sichuan Yinmi Technology Co., Ltd., and Volkswagen Financial Services, holding 49%, 33%, and 18% respectively [3][4]. Shareholder Insights - Groupama is a well-known member of the French banking group and has been active in the Chinese market for years. With the establishment of Fabaa Tianxing Insurance, it will have a dual presence in both life and property insurance in China [3]. - Sichuan Yinmi Technology Co., Ltd. is a member of Xiaomi Group, with Xiaomi Electronics Software Technology Co., Ltd. holding 100% of its shares, and Lei Jun controlling 90% of Xiaomi [4]. - Volkswagen Financial Services has established a presence in China through its automotive financial services, being the first wholly foreign-owned automotive finance company in the country [4]. Strategic Focus - Fabaa Tianxing Insurance will focus on the new energy vehicle insurance sector, aiming to develop specialized car insurance products and enhance the claims process to improve service experience for new energy vehicle owners [2][3]. - The company plans to diversify its business offerings and strengthen its competitive advantages in the market through innovative insurance solutions [4].