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Ping An Sweeps Four Corporate Excellence Awards in FinanceAsia Poll

Hong Kong, Shanghai, 19 May 2010 - Ping An Insurance (Group) Company of China Ltd (hereafter "Ping An" or "the Group", HKEX: 02318; SSE: 601318), a leading integrated financial services group with core businesses in insurance, banking and investment, has been honored with four prestigious awards at the same time by the well known financial magazine FinanceAsia.

 

More than 300 analysts and investors across the region took part in the 10th annual poll of Asia's Best Managed Companies to select the leaders in areas ranging from management performance to corporate governance to investor relations. Ping An was voted one of top 10 companies in each of four main China categories: Best Managed Companies, Best Investor Relations, Best Corporate Social Responsibility, and Most Committed to a Strong Dividend Policy.

 

In April, the Group posted market-beating results for fiscal 2009 and the first quarter of 2010, thanks to advanced management and operations across the business. Widely recognized for its commitment to corporate responsibility, Ping An donated RMB 10million to Yu Shu, where was hit by earthquake this year. By the end of 2009, Ping An has participated in the building and planning of 100 Hope Primary Schools in China, of which 84 schools have been built (including 32 that are being built).

 

"We are honored to be recognized for our efforts in pursuing management excellence," said Ping An. "The awards reinforce our continued commitment to creating long term value for the Company and our shareholders, and our focus on providing customers with the best products, services and support in the financial services industry."

 

Ping An was recently named the top insurer in Asia for the second year in a row in a survey by international financial magazine Euromoney. At IR Magazine's award ceremony in December, the Group swept three major awards: Grand Prix for Best Overall Investor Relations - non-SOE, Best Investor Relations by a CFO, and Best Corporate Governance. The Group also has been included in prestigious international rankings over the years, such as the The Financial Times Global 500 Companies list, Forbes Global 2000 Companies list.

 

 

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