China Ping An Chairman Ma Mingzhe: We should invest capital in the most promising Chinese markets.

"We should invest in the most promising and profitable insurance market in China." Ma Mingzhe said, emphasizing that the focus of future development should be on regions that are both profitable and have growth potential, as well as aligning with the company's capabilities. On May 20, Ma Mingzhe, the chairman of Ping An Insurance, stated at the company's 2025 annual shareholders meeting that the primary strategy for Ping An's development will continue to be focused on China. He believes that when looking at global financial and insurance markets, China is without a doubt the best in terms of growth and profitability. Ma Mingzhe also mentioned the importance of considering the company's capabilities in comparison to competitors when expanding overseas, particularly in the era of artificial intelligence and technological innovation. He expressed confidence that Ping An is well-positioned in terms of technology and innovation within the financial and insurance industries, and that they may consider overseas expansion once they have established a unique competitive advantage through technological innovation.