iResearch award

<p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">At the 12th iResearch Awards Ceremony, Ping An Technology was presented with the 2017 iResearch Best Product/Service Innovation Award for its exclusive products Ping An FinCloud and facial recognition, as well as its other innovation efforts.</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif"><img src="" /></span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">iResearch Summit has been very influential in China&#39;s internet industry. After 11 years&#39; development amid twists and turns, iResearch Summit has become an important platform for case sharing and communication for better industry development. The iResearch Best Product/Service Innovation Award assesses candidates by their market prospects, potential and capability of product innovation. Ping An FinCloud and facial recognition, as two exclusive products of Ping An Technology, have been widely recognized by industry insiders. This also embodies Ping An Technology&rsquo;s enduring craftsmanship in financial technology innovation, which helps facilitate the financial industry&rsquo;s comprehensive transformation.</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">For its flagship product Ping An Cloud, Ping An Technology has established data centers in Shenzhen, Shanghai and Beijing to meet business requirements in various scenarios and provide all-around FinCloud services. As at the end of 2016, Ping An FinCloud had covered over 90% of Ping An Group&#39;s business subsidiaries, supporting over 60% of the business systems going into operation. Ping An FinCloud has also been rolled out to external direct banks and financial institutions, which serve over 100 million internet users. These achievements have made Ping An FinCloud a virtual private cloud with the widest scope of use and the largest size in the financial industry.</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">According to a recent assessment of Labeled Faces in the Wild (LFW), Ping An Technology&#39;s facial recognition surpasses similar technologies of peers at home and abroad by a 99.8% recognition accuracy rate and the lowest volatility. This is the best result released by LFW and it is also Ping An Technology&#39;s first time to rank first in the academic circle worldwide. According to back-office run data of Ping An Technology&#39;s facial recognition system, Ping An Technology provided over 200 million facial recognition services as at May 2, 2017.&nbsp;</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">&quot;Since its establishment in 2008, Ping An Technology has been striving for professional IT. From 1.0 to 3.0, Ping An Technology has transformed from a supporting function to the high-tech backbone of Ping An Group and a key driving force for its future development. In recent years, Ping An Technology has implemented many technology innovation projects. In the era of 3.0, Ping An Technology&#39;s mission is to develop and apply such new technologies as cloud platforms, big data, AI and facial recognition. We&#39;ll join hands with other Ping An siblings to innovate and take the lead in exploring new internet business models, says Ping An Technology&rsquo;s COO Hu Wei.</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">About Ping An Technology:</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">Ping An Technology, a wholly-owned subsidiary of Ping An Group, was established in 2008 and now boasts over 4,000 professional IT technicians and IT management experts. Headquartered in Shenzhen, Ping An Technology has branches in Beijing, Shanghai, Chengdu and Nanjing. Establishing Ping An Technology is one of Ping An Group&#39;s milestones towards professional IT and has ushered in the model of exploring &quot;technology-powered finance&quot;.</span></span></p> <p><span style="font-size:14px"><span style="font-family:Arial,Helvetica,sans-serif">As the high-tech backbone of Ping An Group and the key driving force for its future development, Ping An Tech will continue to pursue &quot;technology-driven finance&quot; and develop the mobile internet, cloud and big data. It will forge advanced IT organizations, reinforce the basis for core businesses, and partner with other Ping An siblings in innovation.</span></span></p> <p>&nbsp;</p>
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