-- Empowers Smart City and Healthcare
HONG KONG and SHANGHAI, Sept. 24,
2018 /PRNewswire/ -- The second 21st Century Maritime Silk Road Forum on International Communication was
held in Zhuhai in 19-21 September. Jean-Pierre Raffarin, former Prime Minister of France and Thomas J. Sargent, the 2011 Nobel Prize winner for Economics
delivered keynote speeches at the main forum. As a leading company in the Guangdong Province,
Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping
An" or "the Group", HKEx: 2318; SSE: 601318) was invited to attend the forum to demonstrate its core technology and latest
technological achievements.
Ping An Smart City, a technology subsidiary of Ping An, showcased its "Panoramic Smart City
Interactive System" which enables a better understanding of the pulse of a city during the forum. Ping An
Good Doctor unveiled its "One-Minute Clinic" which integrates intelligent doctor consultation and medicine purchasing. The
two key technology products have attracted the attention of government officials, guests and international media. In the
afternoon of the 19 September, Ma Xingrui, Deputy Secretary of Guangdong Provincial Committee and Governor of Guangdong Province, Shen Haixiong, Vice Minister of the Publicity Department of the Communist Party of
China and President of the China Media Group, Guo Yonghang, Secretary of Zhuhai Municipal
Committee and other government officials visited Ping An's booth to experience the "Panoramic
Smart City Interactive System".
The "Panoramic Smart City Interactive System" combines urban 3D scenarios with big data panels. Through gesture-based
interactions, the system displays urban operations from various aspects such as economy, real estate, population, environmental
protection, government affairs, transportation, medical and education etc. The system reveals the display logic of detailed data
panels based on key indicators (with 3D effect). It is also able to interpret changes through data, predict trends through
analysis, show diversified effects through visualization technology, and enhance the sense of substitution and operability
through somatosensory interactions. It aims to create a clear, intuitive, three-dimensional and exquisite panoramic scene of a
city. This 3D panoramic scene could reflect the current situation of urban development, key focus and future development trend of
a city, so as to enhance the efficiency of the government and provide technology-related reference data for the government.
The "One-Minute Clinic" is an offline extension of the app of Ping An Good Doctor. It combines
the most advanced Artificial intelligence ("AI") technology in China with its in-house medical
team, which has more than 1,200 full-time medical personnel. It also stores 100 stock keeping units ("SKU") of common drugs,
meeting the needs of most patients. The smart outlets integrate doctor consultation, pharmacy and purchasing medicine in one,
solving the problem of patients travelling at least three kilometers to purchase medicine. Among which, the One-Minute Clinic is
composed of two parts: smart medicine cabinet and AI consultation room. The smart medicine cabinet serves as a vending medicine.
Using speech recognition technology, it also serves as a smart medical consultation device. The AI consultation room provides
online consultation 24 hours a day, 7 days a week. The AI consultation room has been designed to ensure privacy for users, and it
is free from outside interference.
To further enhance the Group's technological and innovation capabilities, Ping An has
established two technology innovation centres and recruited hundreds of innovators in the east and west coasts of the US since
2017. Its technological innovation team has been expanded to approximately 24,000 members year-to-date. Eyeing on the world's
leading financial and healthcare technologies, the Group has also launched the "Ping An Global Voyager Fund". The fund seeks to
invest in innovative technology companies that could bring the world's best-in-class financial and healthcare technologies and
generate strategies for the Group, and introduce their products and services to China.
In recent years, many technologies developed by the Group have been widely recognized by countries and regions along the
"Maritime Silk Road". In August, the Group jointly cooperated with the Hong Kong Monetary Authority to build an international
trade financing platform based on blockchain technology. This project marked the recognition of Ping
An's blockchain technology by its international partner, and also represented the opening up of the Group's overseas
market for technology export.
Ping An has invested more than RMB50 billion in technological
R&D in the past decade. Its patent application has risen to 6,121 year-to-date. Capitalizing on its four core technologies
namely smart recognition, AI, blockchain and cloud computing, Ping An expanded its application
scenarios with an aim to improve cost efficiency, enhance risk management, create excellent customer experience, strengthen
competitiveness, export technologies and services, accelerate technology commercialization and promote the industry's technology
standard. At present, Ping An has widely applied its core technologies to support the Group's five
ecosystems of financial services, health care, auto services, real estate services and smart city services. It has also
successfully incubated four unicorns including Lufax, Ping An Good Doctor, OneConnect and Ping An
Healthcare Technology.
Adhering to the government's "Belt and Road" initiative and the Group's "finance + technology" strategic guidance,
Ping An will seek to strengthen cooperation with the Belt and Road countries and enhance its
competitiveness by vigorously introduce innovative technologies. At the same time, the Group will further enhance its innovation
and R&D capabilities, and leverage its four core technologies to contribute to the country and society by servicing the
government's Belt and Road infrastructure.
About Ping An
Ping An Insurance (Group) Company of China, Ltd. ("Ping An")
is a world-leading technology-powered personal financial services group. With 170 million customers and 459 million Internet
users, Ping An is one of the largest financial services companies in the world. Under its 'pan
financial assets' strategy the company offers customers insurance, banking and asset management through its 'finance +
technology' platform. Under its 'pan healthcare' strategy the company uses a 'finance + ecosystem' platform to offer Internet
users five ecosystems, covering financial services, healthcare, auto services, real estate services and Smart City services.
Ping An is committed to investing in innovative technologies in fintech, AI and cloud to provide
customers and Internet users with innovative and simple products and services. As China's first
joint stock insurance company, Ping An Group is committed to upholding the highest standards of corporate reporting and corporate
governance. The company is listed on the stock exchanges in Hong Kong and Shanghai.
Ping An ranked 10th in Forbes' 2018 Global 2000, and it ranked
29th in Fortune Magazine's 2018 Global 500 Leading Companies. Ping An also
ranked 43rd in 2018 WPP Millward Brown's BrandZTM Top 100 Most Valuable Global Brands. For more
information, please visit www.pingan.cn
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SOURCE Ping An Insurance (Group) Company of China, Ltd.