Recently, Ping An Insurance (Group) Company Of China Ltd(601318) held a 2021 annual performance conference. According to the data, the total revenue of science and technology business in 2021 reached 99.272 billion yuan, a year-on-year increase of 9.8%. After the press conference, Xie Yonglin, general manager and co CEO of Ping An Group and Ping An Bank Co.Ltd(000001) chairman, accepted an exclusive interview with Xinhua Financial reporters on how Ping An can use science and technology to empower finance and ecology.
Innovation is one of the key words of Ping An 2021: Ping An's core scientific and technological capabilities continued to improve, the number of patents increased significantly, and the number of patent applications for artificial intelligence, financial technology and digital medical technology ranked among the top in the world.
Xie Yonglin pointed out that the contribution of technology business revenue and operating profit increased significantly in 2021. Ping An's digital capability has largely realized the role of empowering the main business, promoting sales, controlling risks and improving competitive efficiency.
In Xie Yonglin's view, technology has long been a safe infrastructure. Science and technology can enable ecology and build various scenes of financial life. Ecology can also feed finance, improve the frequency and stickiness of financial customers through scenario marketing, and realize the transformation from Internet users to financial customers.
"Ping An's automobile ecology and medical ecology are connected by science and technology. Science and technology is everywhere in Ping An. In the future, Ping An will make greater investment in the layout of medical and health ecology with science and technology."
According to Xie Yonglin, in 2021, Ping An Bank Co.Ltd(000001) officially launched the new five in one model, which aims to provide high-quality products and services to long tail customers with high efficiency and low cost through scientific and technological means and data drive, so as to reduce costs and increase efficiency in customer operation and business development.
After the full implementation in 2022, it will drive the continuous upgrading of Ping An Bank Co.Ltd(000001) retail business. At the same time, Ping An Bank Co.Ltd(000001) will actively grasp the wealth management market opportunities, strengthen scientific and technological empowerment and professional leadership, and promote the breakthrough development of private wealth business.
It is worth noting that in 2021, Ping An will focus on building three business cards: Digital bank, ecological bank and platform bank. The ecological bank with open channels as the carrier has realized more than 5800 API output services, serving more than 30000 customers, and the cumulative transaction volume reached 26.6 trillion in 2021; The platform banking service with digital pocket and settlement link as the carrier has more than 1200 platforms and nearly 20 million merchants; The number of registered users of Digital Pocket exceeded 8 million, an increase of 6.8 times over the beginning of the year.
Xie Yonglin said that in the next step, Ping An Bank Co.Ltd(000001) company's business will deeply layout the two tracks of capital market, direct financing and industrial digitization with strong "comprehensive financial and scientific and technological capabilities", create the most distinctive "scientific and technological trading bank and complex investment and financing ecology", and start a new growth curve.
Xie Yonglin said that looking forward to the future, Ping An will also promote digital empowerment, combine Ping An's financial advantages with leading scientific and technological advantages, and improve the level of serving the real economy. At the same time, Ping An will continue to devote itself to Rural Revitalization and construction, give full play to the advantages of comprehensive finance + medical health, and vigorously promote "insurance to the countryside, finance to the countryside and medical treatment to the countryside"; Give full play to the advantages of scientific and technological innovation and digitization, actively build a digital village focusing on village governance, industry and benefiting farmers, actively plan and implement relevant public welfare projects, and continue to further promote the "Three Village Project".
