(Hong Kong, Shanghai, 6 July 2021) Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 2318; SSE: 601318) announced that Ping An was named a “Most Honored Company” in Institutional Investor’s All-Asia Executive Team survey for the eighth time. “Best CEO” went to Xie Yonglin, President and Co-CEO, Jessica Tan, Co-CEO and Executive Vice President, and Jason Yao, Co-CEO, Executive Vice President and CFO.
Ping An also took the first place in “Best IR Programs” and “Best ESG” categories, second place in the “Best IR Team” category and third place in the “Best IR Professional” category.
Institutional Investor is the industry’s most trusted source for research and rankings among top analysts and portfolio managers. Every year, the publication asks buy-side analysts and sell-side researchers that cover Asia to identify up to four companies that excel in investor relations. This year, a total of 3,503 portfolio managers and buy-side analysts and 581 sell-side analysts rated 1,438 nominated companies from 18 industry sectors. Key metrics included financial information disclosure, service and communication capabilities, risk management amid COVID-19, and environmental, social and corporate governance (ESG) performance. Ping An and 45 other companies were named "Most Honored Company" for having the most cumulative success across the categories.
Despite the impact of COVID-19, Ping An has continued to pursue steady progress by continuously advancing its “finance + technology” and “finance + ecosystem” strategies. Ping An adheres to the philosophy of “expertise makes life simple, technology makes financial services heartwarming, and healthcare makes life better”. Ping An is committed to creating value for shareholders and customers and contributing to social development by expanding its fintech capabilities and its healthcare ecosystem. For the year ending December 31, 2020, Ping An’s revenue amounted to RMB1,321,418 million. Net profit amounted to RMB159,359 million. Total assets amounted to RMB9,527,870 million. In 2020, Ping An served more than 218 million retail customers and more than 598 million internet users.
As a world-leading technology-powered retail financial services group, Ping An adheres to the principles of compliance, objectiveness, consistency, timeliness, interactivity and fairness in providing information to institutional and individual investors in China and abroad. It aims to enhance corporate governance and realize the fair corporate value of the Company. Ping An is committed to implementing and integrating ESG criteria into its corporate strategy and business operations. Ping An was the first asset owner China to sign the United Nations-supported Principles for Responsible Investment (PRI) and the Climate Action 100+. It was also the first company in China to sign the Principles for Sustainable Insurance (PSI) established by the UN Environment Programme Finance Initiative. Ping An also had the best performance in the ESG ratings of MSCI, CDP and Sustainalytics among Chinese financial enterprises. Earlier this year, in order to support China’s goal of achieving carbon neutrality, the Company took the lead in green finance initiatives to address priorities in China’s 14th Five-Year Plan. Ping An aims to achieve a green investment scale of RMB400 billion in the next five years, and support the green economic transformation through investment, credit and insurance.