Technology

Ping An CTO Ray Wang: From Tokens to Value Creation

Published

42 minutes ago

September 23, 2026

Average Daily Token Consumption Surpasses 300 Billion; AI-Powered Express Service Records More Than 100 Million User Interactions

HONG KONG and SHANGHAI, Sept. 23, 2026 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”; HKEX: 2318; SSE: 601318) announced that Ping An’s Chief Technology Officer, Ray Wang, was invited to speak at the 2026 Apsara Conference. In a presentation titled “From Tokens to Value: Ping An’s Approach,” he shared the Group’s experience in deploying AI at scale across its businesses.

Ray said he believed that although AI capabilities continue to advance, the central question for enterprises is how to deploy AI in real-world business scenarios at a manageable cost and create measurable value. To address this challenge, Ping An has continued to advance its technology-enabled “integrated finance + health and senior care” dual-pronged strategy and “AI in ALL” approach, embedding AI across core businesses and operations. The Group has developed a practical approach that combines efficient token generation, specialized AI capabilities, and scaled deployment across real-world business use cases.

“AI is becoming embedded in Ping An’s core businesses and operating processes, moving beyond providing answers to performing tasks,” Ray said. “For enterprises, the key is to bring AI into real-world business applications at a manageable cost and translate its capabilities into measurable value.”

AI-Powered Express Service Surpasses 100 Million User Interactions

Ping An has developed its AI-powered Express Service, enabling customers to “get things done driven by one prompt”. Users can interact with the system in natural language to complete service requests. Since its launch four months ago, the platform has expanded to support more than 300 commonly used services, including transactions, financing and claims, and has recorded over 100 million user interactions.

The Express Service has achieved an end-to-end resolution rate of 92%. It has also reduced average processing time by more than 50% compared with traditional service models.

AI Doctor Provides One-Stop Support Across the Healthcare Journey

The Group continues to enhance its AI Doctor capabilities, which support the full healthcare journey, from medical consultations and multidisciplinary diagnosis and treatment to ongoing health management.

Drawing on professional medical resources from PKU Healthcare Group and working with institutions including PUMC Innovation Port, Ping An is strengthening AI capabilities for the diagnosis and treatment of specific diseases and accelerating their use in clinical practice and healthcare services. In multidisciplinary diagnosis and treatment for breast and gastric cancer, AI assessments were consistent with expert conclusions in 91% of cases. The AI hallucination rate remained below 0.3%, significantly outperforming the industry average.

AI Doctor currently serves as the first point of contact for 25% of in-hospital services. Its annual service volume is expected to exceed 100 million by the end of the year.

Average Daily Token Consumption Surpasses 300 Billion, with 2x Computing Capacity Supporting 10x Growth

As AI deployment continues to scale, Ping An has strengthened its underlying computing and model infrastructure. Over the past year, the Group’s computing capacity increased from 800 PF to 1,500 PF, while average daily token consumption rose from 30 billion at the end of last year to more than 300 billion.

“By approximately doubling our computing capacity, we supported a tenfold increase in token consumption, improving efficiency while keeping costs under control,” Ray said.

Through full-stack optimization spanning foundation models, inference engines, and computing resource scheduling, Ping An increased token output per unit of computing power by 368% and reduced cost per token by 76%, significantly enhancing the efficiency and economics of large-scale AI deployment.

AI Improves Productivity and Operational Efficiency, with AI-Generated Code Accounting for Approximately 80% of Total Output

Ray also shared that AI is increasingly embedded across Ping An’s internal operations and business management activities.

In software development, AI-generated code accounts for approximately 80% of total code output, while around 20% of routine development tasks can now be delivered end to end by AI. In customer service, AI service representatives handled 81% of the Group’s total customer service volume in the first half of the year. Quick claims accounted for 59% of life insurance claims. During the first half of the year, Ping An P&C achieved RMB7.11 billion in claims savings through AI-powered fraud detection.

Strengthening Domain-Specific Intelligence to Create Sustainable Long-Term Value

Ray indicated that while general-purpose AI is becoming increasingly capable, highly specialized sectors such as finance and healthcare require domain-specific intelligence.

To meet these demands, Ping An has built an integrated framework for domain-specific intelligence that combines proprietary data, expert-defined standards, production-grade quality controls, and feedback from real-world business scenarios. Through this approach, the Group continues to strengthen its AI capabilities and create greater value for customers, shareholders, and society.

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

Technology

Shanghai Electric Presents Three Energy Transition Solutions at Enlit Asia 2026

Published

42 minutes ago

September 23, 2026

Supporting power-sector decarbonization, grid resilience, and low-carbon fuels across ASEAN

JAKARTA, Indonesia, Sept. 23, 2026 /PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727) showcased three energy transition solutions under the theme “Powering the Archipelago” at Enlit Asia 2026, held Sept. 22-24 in Jakarta, Indonesia.

As the premier annual platform for the ASEAN power sector, Enlit Asia attracts more than 11,000 attendees and 280 exhibitors, bringing together industry leaders, policymakers and innovators to explore advances, share insights and shape the region’s energy future.

Three Solutions for ASEAN’s Energy Transition

Tailored to the ASEAN market, the three solutions address key regional energy transition needs, including reducing carbon emissions from existing thermal power systems, enhancing renewable energy integration and stable operation of island grids, and providing low-carbon fuels for the shipping and aviation industries.

The High-Efficiency Power & Decarbonization solution is designed to help markets like Indonesia reduce power-system carbon intensity, spanning unit upgrades, fuel transition, and system optimization. Modular steam turbines for H- and F-class combined-cycle systems meet both power and heating needs while improving efficiency and reducing overall costs. Heavy-duty gas turbines can operate with up to 30% hydrogen blending, and coal-fired power retrofit solutions improve thermal efficiency and reduce coal consumption for lower-carbon operation.

The Grid Modernization & Resilience Upgrade solution addresses island-grid challenges in renewable energy integration, frequency regulation and voltage stability. It combines synchronous condensers, flywheels, multi-technology energy storage and integrated solar-storage power pods. Synchronous condensers and flywheels deliver rapid frequency response and inertia support; multi-technology storage covers short- to long-duration applications; and the power pods provide plug-and-play clean emergency power for remote areas and critical loads.

Building on the Jilin Taonan project, the full-chain Power-to-X Integrated Solutions cover wind and solar generation, green hydrogen, biomass gasification, and green methanol synthesis. The project has completed 8,000 tons of green methanol bunkering, a global single-bunkering record. Phase II, launched on August 20, 2026, targets 200,000 tons of green methanol and 10,000 tons of sustainable aviation fuel annually. Shanghai Electric is now extending these solutions to ASEAN’s shipping and aviation markets to support low-carbon fuel supply and shipping decarbonization.

Local Presence, Regional Impact

Shanghai Electric’s technologies and system solutions are supported by an established regional track record. Its energy equipment and services are deployed in Southeast Asian markets including Indonesia, Malaysia and Vietnam, with representative projects such as the Indonesia Pelabuhan Ratu 3 x 350 MW Coal-fired Power Station Project, the renewable energy plant in Selangor, Malaysia, and the recent Samalaju 500 MW-class combined-cycle gas power project in Sarawak, Malaysia.

These projects demonstrate the company’s integrated capabilities across traditional power upgrades, high-efficiency gas generation, renewable energy, and green fuels—laying a foundation for the three solutions’ further application in ASEAN.

During Enlit Asia 2026, Shanghai Electric also participated in the official conference agenda, delivering a technical presentation titled “Heavy-Duty Gas Turbine Technology for Clean, Efficient, and Smart Power Generation,” outlining its technology roadmap and regionally adapted solutions in heavy-duty gas turbines and combined-cycle systems. The company also hosted multiple roadshows and exchange activities, inviting representatives from PLN, Indonesia’s national electricity company, local customers, and academics in the energy sector to discuss fuel diversification and the development of Indonesia’s power system.

Looking ahead, Shanghai Electric will continue to draw on its energy equipment manufacturing and system solution capabilities to work with ASEAN partners and support the transition to more efficient, stable and lower-carbon energy systems across Southeast Asia.

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SOURCE Shanghai Electric

Technology

JustMarkets: How Browser-Based Trading Is Changing Access to Global CFD Markets

Published

42 minutes ago

September 23, 2026

JAKARTA, Indonesia, Sept. 23, 2026 /PRNewswire/ — JustMarkets today showcased its browser-based CFD trading platform, offering traders direct, installation-free access to global CFD markets. As more traders move between devices, this web-based solution allows users to execute Contracts for Difference (CFD) operations directly from any web browser.

Trading Without Installation

The use of browser-based trading software may remove a common obstacle to market participation — installation. Traders do not need to download any software, configure the device, or rely on a single computer for their trading activities.

Users who trade in different places and use different devices may benefit most from browser-based platforms. The software becomes more accessible to traders who need quick access to charts and quotes.

Faster Access When Markets Move

CFD markets globally can respond swiftly to macroeconomic figures, central bank announcements, earnings news, commodity price fluctuations, and other geopolitical events.

JustMarkets’ web-based solution allows traders to respond to these events without the delay of installing software. While this cannot eliminate trading risk, it may improve the convenience of market access.

One Platform for Multiple CFD Markets

For CFD trading, browser-based trading terminals may be helpful, regardless of the asset class the trader uses. From forex and commodities to indices, stocks, and cryptocurrency CFDs, the trader can track multiple markets on a single online platform. It is particularly relevant in cases where traders monitor more than one instrument at a time or develop strategies based on overall market sentiment.

Simplicity for Everyday Trading

Not all traders require a complicated trading system for every decision they make. Often, what is needed are simple charts, live quotes, account details, and the ability to execute trades efficiently.

The JustMarkets web interface provides these core features through an uncomplicated web platform. New traders may find the platform easy to use, while experienced traders can use the web terminal to trade from wherever they happen to be.

Flexibility as the New Standard

Trading through the browser is part of a broader trend towards multiplatform trading. Traders are beginning to require greater flexibility in how they can access the market, including via desktop, mobile application, or the web.

However, the objective is not to replace other forms of trading altogether; rather, it is to provide greater flexibility to trade at a client’s convenience. For traders who require market access without an installation process, web-based trading offers an alternative platform.

Browser-Based Access Is Becoming Part of the Trader’s Routine

With an increasing number of traders moving across different platforms and seeking to trade faster in the global market, it is quite natural for web-based platforms to form part of the trading experience. JustMarkets has built its platform ecosystem with the provision of CFD instruments via platforms suited to various routines, ranging from desktop and mobile to browser-based platforms.

For the trader, the potential benefits include fewer technical steps, access to charting and order placement, and added convenience when following the forex, commodity, index, stock, and crypto CFD markets.

About JustMarkets

JustMarkets is a global financial CFD trading platform designed to eliminate technical “noise,” enabling investors to focus on what matters most: making accurate decisions. With modern infrastructure and professional services, JustMarkets serves as a reliable partner for CFD traders.

Risk Warning

Trading CFDs involves a high level of risk and may not be suitable for all investors. CFDs are leveraged products and can result in rapid financial loss. Leverage increases market exposure and the potential for losses. Ensure you understand the risks involved before trading.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/justmarkets-how-browser-based-trading-is-changing-access-to-global-cfd-markets-302887491.html

SOURCE JustMarkets

Technology

Constellation Cold Logistics (“Constellation”) announced today the appointment of Abhy Maharaj as Chief Executive Officer

Published

42 minutes ago

September 23, 2026

LONDON, Sept. 23, 2026 /PRNewswire/ — Constellation, a leading platform in European cold storage and logistics, has today announced the appointment of Abhy Maharaj as its next CEO, effective 1 October 2026.

Abhy will succeed the current CEO, Carlos Rodriguez, who will move to the Advisory Board and support Constellation’s M&A strategy.

Constellation Chair Nils S Andersen said: “On behalf of the board I would like to thank Carlos for his visionary leadership of Constellation over the last four years where the company has grown to become a European leader through acquisitions and developing new capacities in cooperation with our customers and market needs. We are delighted that he will join the board and continue to support our journey. Since joining in February 2025 as Chief Commercial Officer, Abhy has demonstrated his qualities in understanding the markets, engaging with customers, as well as leading the transformation and integration work. With his industry experience, he will provide competent leadership of Constellation during the next phase, where focus will continue to be on customer needs, growth opportunities and strengthening the operating platform. The board looks forward to the cooperation under his leadership.”

Carlos Rodriguez said: “I am delighted with Abhy’s appointment. He has proven to be an innovative, collaborative and results focused leader with a track record in growing businesses, transformation and operational excellence, together with automation and technology capabilities. Abhy is best positioned and has the Advisory Board’s full support to successfully implement the company’s strategic plan, I wish Abhy all the best. I would like to thank all Constellation employees for their outstanding support and commitment over the past four years.”

Abhy said: “It is an honour and privilege to succeed Carlos as CEO of Constellation. Thanks to his leadership, Constellation is well positioned for the future with a cohesive culture and sound growth pipeline. As incoming CEO, I am committed to leading the talented and hard-working people who make Constellation a great company and continue to generate long-term value. I look forward to continuing our close collaboration with our customers and suppliers to improve the European cold chain market.”

Before joining Constellation, Abhy held board and executive roles at NewCold Coöperatief, a developer and operator of highly automated cold storage warehousing. Prior to that, he spent 11 years in senior executive positions at Fonterra Cooperative Group, the world’s largest dairy exporter with sales in 130 countries.

About Constellation: Constellation has become Europe’s leading independent cold storage and logistics provider with a presence in ten European countries, 1.2 million pallet positions of capacity and several expansion projects under implementation. The company is committed to its vision to be Europe’s most trusted logistics partner while maintaining its core values of Trust, Excellence, Entrepreneurship, and One Team.

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