Ping An Donates US$1.5 million of COVID-19 Medical Supplies to Indonesia

HONG KONG and SHANGHAI,March 28,2020 -- Ping An Insurance (Group) Company of China,Ltd. (hereafter "Ping An" or the "Group",HKEx:2318; SSE:601318) announced that in response to the Extraordinary G20 Leaders' Summit's call to support Indonesia in fighting the COVID-19 epidemic,Ping An and its Chairman Ma Mingzhe have donated a batch of medical supplies to Indonesia with a total value of US$1.5 million. The supplies include medical equipment,such as COVID-19 diagnostic test kits,infusion pumps and patient monitors. The donation also includes medical technology support such as COVID-19 smart image-reading system and AskBob medical AI assistants.

In detail,the donated items include 10,000 sets of safety goggles,10,000 sets of COVID-19 diagnostic test kits,150,000 swab kits,200 infusion pumps,and 100 patient monitors. Medical technology support includes 1,000 sets of COVID-19 smart image-reading system and 10,000 AskBob medical AI assistants. The medical technology donated were developed by Ping An. The AskBob medical AI assistant can be used to provide the public with COVID-19 education and Q&A assistance. The COVID-19 smart AI-empowered image reading system can generate accurate and rapid analysis of CT scans for each individual case within 15 seconds,with an accuracy rate reaching 97%. This service can aid and support doctor efficiency and accuracy in diagnosis. Ping An's COVID-19 smart image-reading system has provided services to more than 1,500 medical institutions in China,including Hubei Province,and has assisted doctors with analysis in over a million CT scans for more than 20,000 patients.

In the past two months,the COVID-19 situation in China has improved with businesses and lives gradually returning to normal. However,the epidemic is still raging in many parts of the world,posing severe challenges to the health systems of many countries. On 20 March,the capital of Indonesia,Jakarta,declared a state of emergency and urgently needed support from the international community in terms of medical supplies and epidemic detection. This donation is in response to the Indonesian government's request for international assistance.

Since the outbreak of the COVID-19 epidemic,Ping An has continuously introduced various initiatives in terms of insurance protection,public welfare donations and medical services,to play its part as a responsible corporate citizen. So far,Ping An has donated more than USD20 million (RMB150 million) of supplies and cash in China. Ping An has also provided free insurance protection for frontline medical staff,journalists,police officers and volunteers. PingAn joined hands with Ming Yuan Charity Fund and has donated RMB18 million to the Chinese Academy of Medical Sciences to support the Phase III clinical trials of COVID-19 drug Remdesivir and other clinical trials to combat COVID-19.

Ping An's subsidiary Ping An Good Doctor has cooperated with 62 provincial,municipal and regional governments to provide real-time online and phone consultations. Since the outbreak,the total number of platform visits handled was 1.72 billion. Ping An Healthcare Testing Center was among the first batch of third party medical institutions authorized by Hubei Province to carry out the Nucleic Acid Test (NAT); the primary reference for COVID-19 diagnosis. The Center has also deployed 64-slice Mobile CT imaging vehicles,with over 500 tests conducted daily and over 22,000 tests conducted to date. Ping An Smart Healthcare,the smart health care team of subsidiary Ping An Smart City,created the "National Real-time COVID-19 Update System",covering 21 provinces and 31 cities. It provides smart epidemic forecasting for relevant national ministries and commissions as well as 15 provincial health committees,achieving more than 98% accuracy for 1-day forecast and 97% accuracy for 7-day forecast. Ping An Good Doctor cooperated with Grab,the Southeast Asia ride-hailing service provider,to co-launch an online medical service platform "GrabHealth" to help Indonesia in the fight against COVID-19,providing more than 10,000 daily consultations.

"There is no distance too far between friends,for friendship gives wings to the heart." Ping An said,"The Extraordinary G20 Leaders' Summit has called on the international community to work together to establish a united front to respond to the COVID-19 epidemic,which is a common threat to humanity. Unity and cooperation is needed more than ever as the coronavirus knows no borders. Since the outbreak of the COVID-19 epidemic,countries around the world,including Indonesia,have supported China in fighting the epidemic. At present with many countries and regions suffering from the epidemic,Ping An stands ready to do its part by leveraging its advantages in insurance protection,financial services and healthtech to help prevent and control the global epidemic,and looks forward to a resounding victory in the fight against the epidemic in the near future."

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About Ping An Group

Ping An Insurance (Group) Company of China,Ltd. ("Ping An") is a world-leading technology-powered retail financial services group. With over 200 million retail customers and 516 million Internet users,Ping An is one of the largest financial services companies in the world.

Ping An has two over-arching strategies,"pan financial assets" and "pan health care",which focus on the provision of financial and healthcare services through our integrated financial services platform and our five ecosystems of financial services,health care,auto services,real estate services and smart city services. Our "finance + technology" and "finance + ecosystems" strategies aim to provide customers and internet users with innovative and simple products and services using technology. 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.

In 2019,Ping An ranked 7th in the Forbes Global 2000 list and 29th on the Fortune Global 500 list. Ping An also ranked 40th in the 2019 WPP Millward Brown BrandZTM Top 100 Most Valuable Global Brands list. For more information,please visit www.pingan.cn.