It was founded in 1996 by CEO Chen Dongshen, a businessman related to Mao Zedong.

The company has branches in Beijing, Shanghai, Hubei, Shandong, Guangdong and in other locations.

[2] Taikang Life Insurance Co. Ltd. was founded on August 22, 1995, after approval from the People's Bank of China, as a national corporation headquartered in Beijing.

Under the guidance of chairman and CEO Chen Dongsheng, Taikang Life Insurance has experienced steady growth from its inception.

From 2006 to 2007, Taikang created the two subsidiaries Taikang Asset Management Co. Ltd. and Taikang Pension Co. Ltd., the former being one of the largest investment corporations in Mainland China (winning the "21st century Gold Shell Prize" in investment performance for four consecutive years) and the latter being one of the first corporations to obtain government approval for the development of a retirement community.