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Ping An: Ranked 29th in Forbes’ Global 2000 2024, 1st among China’s Insurance Companies

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HONG KONG and SHANGHAI, June 14, 2024 /PRNewswire/ — Forbes has published 2024 Forbes The Global 2000 ranking on 13 June 2024. With steady development of indicators including operating income, profit, asset scale and market value, Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318) ranked 29th among global enterprises. It is number 2 among global insurance companies, number 6 among Chinese companies and number 1 among China’s insurance companies.

According to the 2024 ranking, the top six China companies are Industrial and Commercial Bank of China (ICBC), China Construction Bank, Agricultural Bank of China, Bank of China, PetroChina and Ping An. Ping An reported revenues of USD136.07 billion, profit of USD11.78 billion, assets of USD1,654.8 billion and market capitalization of USD105.5 billion.

Ping An continues to deepen its technology-driven “integrated finance + healthcare and senior care” strategy, remained customer needs-oriented and providing customers with “worry-free, time-saving, and money-saving” experience. It is empowering its core finance business to sustain steady business growth through digital operations. In 2023, the Group revenue was RMB913.789 billion and operating profit attributable to shareholders of the parent company was RMB140,913 million. The Company’s total assets were recorded RMB11.58 trillion, with nearly 232 million retail customers.

Ping An is committed to create shareholder returns and continued to create value for shareholders and customers. For 2023, Ping An plans to pay a final dividend of RMB1.5 per share, making the full year dividend RMB2.43 per share. The cash dividend payout ratio based on operating profit attributable to shareholders of the parent company is 37.3%, with total dividend increasing for 12 consecutive years.

Ping An has fully integrated environmental, social and governance (ESG) core concepts and standards into corporate management. With its excellent performance in ESG management, Ping An maintained “A” in MSCI ESG Ratings in 2023, remaining No. 1 in the multi-line insurance and brokerage industry in the Asia-Pacific region. The Company is also upgrading its green finance initiative. As of the end of 2023, the responsible investment scale of Ping An Insurance funds was RMB7,252.56 billion, the investment scale of green insurance funds reached RMB1,285.68 billion, the original insurance premium income of green insurance reached RMB372.96 billion, and the scale of green banking business reached RMB1,463.45 billion.

In addition, Ping An continues to engage deeply in inclusive finance, providing convenient financial services for small and micro-enterprises. As of December 31, 2023, Ping An Bank has provided about RMB572.1 billion in loans to more than 1.0322 million loan customers of inclusive small and micro enterprises. Lufax Holding has provided services for 20.94 million customers, with a loan balance of RMB315.4 billion, of which unsecured loan services were provided for 151,000 small and micro-enterprises. Ping An P&C provided insurance coverage worth RMB200 trillion for 2.29 million small and micro -enterprises.

Ping An actively fulfills its corporate social responsibilities, leveraging the Company’s “integrated finance + healthcare and senior care” advantages, and delivery of its “Ping An Rural Communities Support “. As of the end of 2023, Ping An had invested a total of RMB117.882 billion in poverty alleviation and support for rural industrial development, cumulatively increasing the income of 775,000 farmers by RMB9.3 billion. Ping An contributed to the construction of 119 Hope Primary Schools across China, recruited approximately 11,721 teaching volunteers, and provided over 438,000 hours of teaching services cumulatively.

Ping An remains steadfast in its foundational mission of serving the public through its financial expertise. The Company harnesses its strengths in finance, healthcare, and technology to wholeheartedly support the development of the real economy. The Company’s commitment to corporate social responsibility is unwavering. By driving high-quality financial growth, the Company aims to contribute significantly to the construction of a prosperous nation and the grand undertaking of national rejuvenation.

About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services, Under the technology-driven “integrated finance + health and senior care” strategy, the Group provides professional “financial advisory, family doctor, and senior care concierge” services to its 234 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses’ quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of 2023, Ping An had RMB11,583,417 million in total assets. The Group ranked 29th in the Forbes Global 2000 list in 2024 and 33rd in the Fortune Global 500 list in 2023.

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

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SOURCE Ping An Insurance (Group) Company of China, Ltd.

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VOX Solutions redefines telecom excellence with a record number of seven industry awards in 2024

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January 15, 2025

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — VOX Solutions, a leading innovator in the telecom sector, has made waves in 2024 by securing an impressive seven prestigious awards. This year’s accolades not only underscore VOX Solutions’ groundbreaking contributions to the industry, but also spotlight its unwavering drive to transform the future of global communication. From harnessing AI to creating innovative monetisation strategies, VOX Solutions continues to lead the charge in reshaping the international telecom landscape.

VOX Solutions’ success is a testament to its relentless pursuit of excellence and highlight the company’s commitment to innovation, security, and delivering unparalleled value to its partners and customers worldwide.

2024 Award Highlights:

Tier 1 Vendor in ROCCO’s 2024 SMS Monetisation Market Impact Report: Setting the gold standard in SMS monetisation solutions for mobile network operators (MNOs).Tier 1 Vendor in ROCCO’s 2024 A2P SMS Messaging Market Impact Report: Redefining seamless and reliable A2P SMS messaging services on a global scale.Best AI Integration at the Antonio Meucci Global Telco Awards: Pioneering the use of artificial intelligence to revolutionize connectivity and operational efficiency.Best AI/ML Innovation at the Global Connectivity Awards: Transforming telecom with innovative AI and machine learning technologies.Best Security Solution Provider at the CC-Global Awards: Reinforcing its leadership in creating secure and robust telecommunications solutions.Platinum Award for Best Flash Call Authentication Solution at Future Digital Awards: Innovating authentication technologies to enhance security and user experience.Most Innovative Product/Service/Automation Europe at the Telecom Review Excellence Awards: Continually raising the bar with visionary product development and automation solutions.

Reflecting on this momentous achievement, Ehsan Ahmadi, CEO of VOX Solutions, said, “This incredible recognition inspires us to continue pushing the boundaries of what is possible in telecommunications. These awards are also a celebration of our team’s hard work and our unwavering commitment to our partners and customers.”

About VOX Solutions

Vox Solutions simplifies, improves, and optimizes Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

Vox Solutions utilizes its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, Vox Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, Vox Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, Vox Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

www.voxsolutions.co

 

View original content:https://www.prnewswire.co.uk/news-releases/vox-solutions-redefines-telecom-excellence-with-a-record-number-of-seven-industry-awards-in-2024-302350656.html

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Shining at CES 2025, TCL Garners Multiple Awards for Display Innovations and Smart Home Solutions

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January 15, 2025

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, has been honored with multiple awards at CES 2025, demonstrating its technological excellence in display innovations and smart home solutions. Among the highlights is the TCL 50 PRO NXTPAPER 5G smartphone, which received the prestigious CES 2025 Innovation Award in the Mobile Devices, Accessories & Apps category.

Additionally, TCL also garnered six accolades at the 2024-2025 Global Top Brands Awards Ceremony (GTB), recognized across a broad range of product categories, from TVs and air conditioners to washing machines. The TCL Premium QD-Mini LED TV X11K received the “Mini LED Display Technology Innovation Award” for its unparalleled visual detail, clarity, and depth. The FreshIN Series Air Conditioner was recognized with the “Smart Fresh Air Technology Innovation Award”, while the TCL Super Drum Series Front Load Washing Machine earned the “Clean Technology Innovation Gold Award”. Furthermore, TCL was named among the “2024-2025 CE Brands Top 10” and “2024-2025 Global TV Brands Top 10”, underscoring its leadership and influence in the industry.

Founded by the International Data Group (IDG) in 2006, these awards, organized by Asia Digital Group and Europe Digital Group, and co-hosted by TWICE with support from IDC, are among the most influential recognitions in the consumer electronics sector. Bill Jiang, Vice President of TCL Industries and General Manager of the Global Marketing Center, accepted the awards on behalf of the company.

Other TCL product categories, such as smart locks, RayNeo AR Glasses, and mobile routers, also received multiple “Best of CES 2025” awards from international media.Besides, TCL’s 5G RedCap dongle, the TCL LINKPORT IK511, along with TCL 50 PRO NXTPAPER 5G were honored with the 2025 CES Picks Award in the TechRadar Pro category. On the eve of CES, TCL was awarded the 2025 Circana Consumer Electronics Performance Award for Top Increase in TV market share in North America.

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

SOURCE TCL

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Best Cost Segregation Study Service of 2025 by Techbullion

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January 15, 2025

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Recognition Highlights Cost Segregation Guys’ Expertise and Client-Centric Approach in Delivering Tax Savings for Real Estate Investors Nationwide.

CHEYENNE, Wyo., Jan. 15, 2025 /PRNewswire-PRWeb/ — Cost Segregation Guys, a leading provider of cost segregation services, has been recognized as the best cost segregation study company of 2025 by Techbullion, a trusted resource for financial and technology news. This recognition underscores the company’s dedication to delivering measurable tax-saving solutions for real estate investors nationwide.

Cost Segregation Guys specializes in maximizing tax savings for property owners by accelerating depreciation deductions through comprehensive cost segregation studies. By reclassifying building components and land improvements into shorter recovery periods, the company empowers clients to reduce taxable income and enhance cash flow.

“We are honored to be recognized among the top cost segregation companies for 2025,” said Ivy Yamaro, Manager of Cost Segregation Guys. “This achievement reflects our dedication to providing industry-leading expertise and exceptional service to our clients. Our mission has always been to empower property owners with the tools and insights needed to optimize their financial strategies.”

Cost Segregation Guys has built its reputation on its in-depth knowledge of tax laws, engineering-based analysis, and client-centric approach. With decades of experience, 12,000 happy clients, and over $500m in depreciation for its clients, there is no question their team knows the ins and outs of cost segregation studies. The company’s team of experts combines technical precision with personalized service, ensuring each client receives a customized solution tailored to their specific property and financial goals.

The real estate market in 2025 is becoming increasingly competitive, and cost segregation has emerged as a critical strategy for investors seeking to optimize profitability. Cost Segregation Guys leverages advanced methodologies and stays ahead of industry trends to ensure clients receive tailored solutions that maximize their financial benefits.

Techbullion’s recognition highlights the company’s continued role as a leader in the field. Cost Segregation Guys is celebrated not only for its technical precision but also for its transparency, integrity, and unwavering focus on client success.

For property owners seeking to unlock significant tax savings, Cost Segregation Guys offers innovative tools and resources designed to enhance financial performance. To learn more, visit http://www.costsegregationguys.com or schedule a complimentary consultation.

About Cost Segregation Guys

Cost Segregation Guys is a leading provider of cost segregation services, specializing in helping real estate investors accelerate depreciation and reduce tax liabilities. With a commitment to innovation, precision, and client satisfaction, the company delivers substantial financial benefits to property owners across the country.

Media Contact

David Peterson, Cost Segregation Guys, +1(406) 626-7978, Hey@costsegregationguys.com, https://costsegregationguys.com/

View original content to download multimedia:https://www.prweb.com/releases/best-cost-segregation-study-service-of-2025-by-techbullion-302351426.html

SOURCE Cost Segregation Guys

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