Ping An AskBob Doctor's Smart Imaging Model for Diagnosis of Pelvic and Hip Injuries is a Breakthrough for Artificial Intelligence

HONG KONG and SHANGHAI,April 1,2021 -- Ping An Insurance (Group) Company of China,Ltd. (hereafter "Ping An" or the "Group",HKEX: 2318; SSE: 601318) is pleased to announce that Ping An AskBob Doctor's smart imaging model for diagnosing pelvic and hip injuries is the first of its kind to accurately detect all kinds of trauma-related findings simultaneously in X-ray images. In a research paper published in the international journal Nature Communications,the model is shown to overcome the limitation of other artificial intelligence (AI) systems,which can only detect individual fractures.

The model,a deep learning algorithm,can help physicians make faster,more accurate diagnoses and save lives. Hip fractures mainly occur in elderly people and patients with major trauma. Although they are not directly fatal,complications can lead to a high mortality rate. Reducing the rate of missed diagnoses,improving the comprehensiveness of the detection,and providing accurate diagnoses is critical.

Ping An Health Technology Research Institute,Ping An Smart City,Ping An Good Doctor and the Department of Trauma and Emergency Surgery of Chang Gung Memorial Hospital in Taiwan jointly released the research paper "A scalable physician-level deep learning algorithm detects universal trauma on pelvic radiographs". The research team gathered the pelvic X-ray data of 1,888 emergency room patients to evaluate the model's performance in obtain the fracture results and locations. It achieved an overall accuracy of 92.4%. Compared with general clinical diagnoses,the model substantially improves detection accuracy,speeds up the treatment progress,improves the treatment effectiveness on high-risk patients,and reduces the economic cost to patients through earlier detection and treatment.

This is the first AI algorithm to detect all fracture types captured on the X-ray images,including,but not limited to,hip fractures,pelvic fractures,femoral fractures,hip dislocation and artificial joint peripheral fractures.

As of March,2021,the AskBob Doctor AI pelvic trauma detection technology has been used in the real-life clinical environment in Chang Gung Memorial Hospital in Taiwan for nearly eight months. The results have shown that the misdiagnosis rate has significantly reduced. Since adopting the AI system,the misdiagnosis rate has dropped from 9.7% to 0.7% among emergency physicians,11.3% to 1.58% among resident physicians and 6% to 0.5% among specialist physicians. The model has performed comparably to radiologists and certain orthopedic specialists in terms of quantitative indicators such as sensitivity and specificity.

The smart imaging model for the diagnosis of pelvis and hip injuries is Ping An's latest achievement in smart imaging technology. Ping An's smart imaging technology covers nine major systems of human body -- the motor,digestive,respiratory,urinary,reproductive,endocrine,immune,nervous and cardiovascular systems. It supports various equipment including computed tomography (CT,) X-ray,ultrasound and fundus optical coherence tomography (OCT).

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 218 million retail customers and 598 million internet users,Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity,"pan financial assets" and "pan health care",covering the provision of financial and health care services through our integrated financial services platform and our ecosystems; in financial services,health care,auto services and smart city services. Our "finance + technology" and "finance + ecosystem" transformation 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 is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. In 2020,Ping An ranked 7th in the Forbes Global 2000 list and ranked 21st in the Fortune Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar Millward Brown BrandZTM Top 100 Most Valuable Global Brands list.

For more information,please visit www.group.pingan.com and follow us on LinkedIn - PING AN.

About Ping An Smart City

Ping An Smart City,a member of the Ping An Group,is a technology company that focuses on the construction of smart cities. Ping An Smart City is at the cutting edge of infrastructure development,using technologies such as big data,cloud computing,blockchain,and artificial intelligence to enhance governance systems,the business environment and public services. Ping An Smart City solutions covers life,education,government affairs,smart transportation,and business operations. To date,Ping An Smart City has launched above more than 230 programs,cooperating with more than 151 cities across China and six countries and regions outside of China.

About Ping An Good Doctor

Ping An Good Doctor,is a leading global online healthcare services platform. Aimed at gaining trust,bringing expertise and providing convenience,it strives to bridge the communication gap between doctors and patients,as well as build China's largest online medical service platform with the best model and the highest threshold. Currently,it has established several key business segments: online medical services,consumer healthcare,health mall,health management and wellness interaction. As of 31 December 2020,the number of registered users of the platform had reached 373 million,while the number of active users had surpassed 72.6 million,making it the largest mobile medical application in China based on user coverage. Through its proprietary AI-based medical system,the Company assists its in-house medical team of more than 2,247 members with the provision of 24/7 one-stop medical services to users,including online consultations,referrals,registrations,online medicine purchases and deliveries within just an hour. It also delivers diversified and one-stop membership service products via its in-house medical team.