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PING AN Has Fully Rolled Out AI Operations, Says Ma Mingzhe
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When asked about PING AN (02318.HK) (601318.SH)'s capabilities in technology at the 2024 annual general meeting held in Shenzhen, Chairman Ma Mingzhe said that the company has always been committed to staying at the forefront of technology, and AI has now been fully integrated into every aspect of its core businesses.

PING AN's technological footprint in the financial and insurance sector is broad and well-established, positioning it on par with TENCENT (00700.HK), Huawei, and BYD COMPANY (01211.HK) (002594.SZ), Ma emphasized.

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Ma also added that the four key elements of the AI era are algorithms, data, scenarios, and computing power. Currently, PING AN boasts a massive database and a wealth of application scenarios in integrated finance and healthcare, covering various scenarios from services and claims to risk control. In terms of computing power, the company operates two major data centers in Shenzhen and Shanghai, which can provide the computational resources needed by both the company and its clients.
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