Institutional Investors selected the best management team in Asia Pacific in 2023, and Ping An Insurance was rated as "the most respected enterprise in Asia"

Recently, in the selection of "2023 Asia Pacific (excluding Japan) Best Management Team" sponsored by the international authoritative financial media Institutional Investor magazine, Ping An Insurance China stood out from more than 1600 enterprises and won the title of "Asia's Most Admired Enterprise", which has been awarded for ten consecutive years. At the same time, the company's board of directors was awarded the "Best Company Board of Directors", while Xie Yonglin, the group's general manager and co CEO, and Chen Xinying, the group's executive vice general manager and co CEO, were awarded the "Best Chief Executive Officer"

Recently, in the selection of "2023 Asia Pacific (excluding Japan) Best Management Team" sponsored by the international authoritative financial media Institutional Investor magazine, Ping An Insurance China stood out from more than 1600 enterprises and won the title of "Asia's Most Admired Enterprise", which has been awarded for ten consecutive years. At the same time, the company's board of directors was awarded the "Best Company Board of Directors", while Xie Yonglin, the group's general manager and co CEO, and Chen Xinying, the group's executive vice general manager and co CEO, were awarded the "Best Chief Executive Officer". The company has also received special honors including "Best Environmental, Social, and Governance (ESG)", "Best Investor Relations Program", "Best Investor Relations Team", and "Best Investor Relations Specialist", demonstrating the high recognition of Ping An's outstanding performance in board governance, management team strategy execution, ESG strategy and practice, and investor relations by the capital market.

Institutional Investor magazine is one of the most influential financial magazines in the world. Only certified financial industry personnel have the right to vote in the annual "Best Management Team" selection, which is one of the most authoritative lists in the international capital market. Its ranking results have also become a Weather vane for global investment, and are recognized by buyers' investors and sellers' institutions. A total of 6474 investment institutions, portfolio managers, and analysts participated in the selection. Based on multiple core indicators including financial disclosure, CEO, ESG, investor service and communication performance, 1608 companies and 2504 individuals from 18 industries were voted and rated.

Since its establishment 35 years ago, Ping An Insurance has always kept in mind the original intention and mission of serving the national economy and the people's livelihood, practiced the development concept of "people centered, customer demand oriented", and promoted the steady growth of enterprise value. The board of directors of Ping An Group attaches great importance to the foresight, leadership, and accuracy of the company's strategy, continuously adopting global best practice models in corporate governance, pursuing long-term and sustainable development, actively capturing future growth opportunities, and creating sustainable growth value for shareholders, investors, and other stakeholders.

Promote the strategic transformation of "comprehensive finance+healthcare", and achieve high-quality development in the company's operations. In the first quarter of 2023, the group achieved an operating profit of RMB 41.385 billion attributable to the shareholders of the parent company; The net profit attributable to the shareholders of the parent company was RMB 38.352 billion, an increase of 48.9% compared to the same period last year; The annual operating ROE reached 18.8%. By the end of March 2023, more than 64% of Ping An Insurance's nearly 229 million personal customers have simultaneously used the services provided by the healthcare ecosystem.

Implement the concept of sustainable development and deepen green finance work. Ping An actively addresses the challenges and opportunities brought about by climate change, helping to achieve the national carbon peak and carbon neutrality goals. By the end of March 2023, the green investment and financing scale of Ping An Insurance is about 308.449 billion yuan, and the green banking business scale is about 174.112 billion yuan; In the first quarter of 2023, the original insurance premium income of green insurance was approximately 6.565 billion yuan.

Ping An Insurance said that in the future, the company will continue to adhere to the high-quality development path with Chinese characteristics, implement the 16 word business policy of "focusing on main business, reducing costs and increasing efficiency, optimizing structure, and building systems", fully support the development of the real economy, deeply implement corporate social responsibility, and continue to deepen the dual wheel parallel and technology driven strategy of "comprehensive finance+medical health", Provide customers with a "worry free, time saving, and money saving" financial service experience.

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