Technology

Ping An Receives Five “All-Asia Executive Team 2024” Accolades From Institutional Investor Magazine

Published

2 years ago

June 20, 2024

HONG KONG and SHANGHAI, June 20, 2024 /PRNewswire/ — Institutional Investor magazine has announced the ranking of 2024 Asia (ex-Japan) Executive Team. Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318) is delighted to announce that its Board of Directors has been selected as the “Best Company Board”; Xie Yonglin, President and Co-CEO, and Michael Guo, Co-CEO, have been named “Best CEOs”, and Zhang Zhichun, Chief Financial Officer, has been named “Best CFO”. Additionally, the Group has been recognized for its “Best ESG Program” and its “Best Investor Relations Program”. All Ping An’s rankings above are within the top 3 among assessed insurers.

Institutional Investor magazine’s is one of the most influential financial magazines in the world, and its annual Executive Team Survey is regarded as one of the most authoritative lists by the international capital market. Its rankings are recognized by buy-side investors and sell-side institutions. To determine the members of Institutional Investor’s 2024 Asia (ex-Japan) Executive Team, the research team surveyed buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region. Survey results reflect the opinions from nearly 6,500 investment professionals at more than 1,600 financial services firms. This demonstrates Ping An’s outstanding performance in corporate governance, strategy execution by the management team, ESG management and implementation, and investor relations, are highly recognized by the capital market.

Ping An’s Board of Directors ensures the foresight, guidance and precision of the Company’s strategy. The Group adopts global best practices in corporate governance, pursuing long-term and sustainable development and future growth opportunities to create sustainable value for shareholders, investors, and other stakeholders. Ping An places great importance on shareholder returns. In 2023, the Group plans to pay a final cash dividend of RMB1.50 per share, and the full-year cash dividend is RMB2.43 per share. The cash dividend payout ratio based on operating profit attributable to shareholders of the parent company is 37.3%, with the total dividend increasing for 12 consecutive years.

Ping An continues to consolidate its technology-driven “integrated finance + healthcare and senior care” strategy. In 2023, Ping An achieved a revenue of RMB913.789 billion, with an operating profit attributable to shareholders of the parent company of RMB140.913 billion and total assets of RMB11.58 trillion. The Group’s retail customers amounted to approximately 232 million as of December 31, 2023, with an average of 2.95 contracts per retail customer. Nearly 64% of Ping An’s customers used services from the healthcare and senior care ecosystem. Ping An has also rolled out home-based senior care service benefits in 54 cities across China, with over 80,000 customers entitled to those benefits.

In addition, Ping An has fully integrated environment, social and governance (ESG) core concepts and standards into corporate management. Ping An maintained an “A” in the MSCI ESG Ratings for two consecutive years, and its No. 1 ranking in the multi-line insurance and brokerage industry in the Asia-Pacific region. It also received a “Low Risk” ESG Risk Rating from Sustainalytics for two consecutive years and ranked first in Mainland China’s insurance sector. In response to climate risk, the Company is also upgrading its green finance initiative. As of the end of 2023, Ping An’s responsible investment with insurance funds was RMB725.26 billion, including green investment of insurance funds reached RMB128.568 billion. Green insurance premium income was RMB372.96 billion, and the scale of green loan balance reached RMB146.345 billion.

Ping An stated that the Company will maintain a strategic focus on its core financial businesses and continue to advance its technology-driven “integrated finance + healthcare and senior care” strategy. The Company will continue to improve its operations and management to promote business growth and maximize the value for customers, employees, shareholders and society.

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

View original content:https://www.prnewswire.co.uk/news-releases/ping-an-receives-five-all-asia-executive-team-2024-accolades-from-institutional-investor-magazine-302177635.html

Technology

FranklinWH Introduces Enhanced 15 kWh aPower in Australia and New Zealand

Published

1 hour ago

May 3, 2026

Expansion comes as policy shifts and rising power costs accelerate demand for residential energy storage

SYDNEY, May 4, 2026 /PRNewswire/ — FranklinWH, a leading provider of whole-home energy management and battery storage solutions, today announced the launch of its enhanced 15 kWh aPower battery in Australia and New Zealand, as demand for residential energy storage continues to grow, driven by evolving policy settings and increasing interest in energy independence.

The updated aPower builds on the company’s established platform, increasing usable capacity from 13.6 kWh to 15 kWh and raising warrantied throughput from 43 MWh to 60 MWh, an increase of 40 percent. These updates deliver more usable energy over the life of the system while maintaining the same footprint and price.

“The energy landscape is shifting quickly, and more homeowners are thinking beyond the upfront specs to what really pays off over time,” said Steve Ruskin, General Manager of FranklinWH Australia. “This upgrade is about delivering more performance over the life of the system, more usable energy, greater throughput, while staying true to our ‘buy once, buy right’ philosophy.”

The increase in warrantied throughput translates into savings for homeowners. Based on typical usage patterns and an electricity rate of A$0.35 per kilowatt-hour, the additional throughput may represent up to approximately A$5,950 in value over the lifetime of the system. The increase in usable capacity also improves energy density, lowering the effective cost per kilowatt-hour and supporting more efficient use of stored energy.

The 15 kWh configuration also aligns with current and upcoming policy frameworks benefitting residential battery adoption. This includes the updated Cheaper Home Batteries Program, with changes coming into effect for Australian homeowners from 1 May, 2026, helping households maximise value as incentives continue to evolve.

As the residential battery market expands, FranklinWH continues to focus on reliability and system performance. The aPower incorporates design elements to support durability, including structural reinforcement to reduce cell stress over time, per-cell temperature monitoring, and the separation of the battery pack and control systems to maintain reliable performance.

“We believe performance should be measured over years, not just at installation,” Ruskin added. “We focus on building systems that deliver consistent, reliable results over time. That long-term perspective is what ultimately defines value for homeowners.”

The aPower is designed to operate as part of the FranklinWH System, an integrated home energy management platform that coordinates energy generation, storage, and consumption. The system is designed to optimise multiple energy inputs, provide reliable backup power, and support more efficient and independent energy use at the household level.

About FranklinWH

FranklinWH Energy Storage is the manufacturer of the FranklinWH System. FranklinWH is a market-oriented, research-driven company focused on next-generation residential energy management and storage solutions. Located in Macquarie Park, Sydney with a global head office in the San Francisco Bay Area, FranklinWH’s team has decades of experience in energy systems, from design, through manufacturing, to sales and installation. FranklinWH is AVL-listed with multiple financial institutions.

Contact: Media@franklinwh.com

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SOURCE FranklinWH Australia Pty Ltd

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

SAN JOSE, Calif., May 3, 2026 /PRNewswire-PRWeb/ — Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

For 50 years, Peninsula Visa has helped families navigate immigration. OCI processing is one of our most impactful services, connecting the Indian diaspora to their heritage. We’re proud to bring our expertise to help families secure OCI status with confidence. Evan James, CEO

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

New OCI Application — For foreign nationals of Indian origin, spouses of Indian citizens or existing OCI card holders, and minor children with at least one Indian parent applying for OCI status for the first time.OCI Card Renewal — For card holders whose OCI card has expired, or whose linked passport has been renewed or replaced and requires an updated booklet.Re-issuance (Age Milestones) — OCI cards must be re-issued when minors reach the age of 18 and again when card holders turn 50, due to significant changes in appearance. Peninsula Visa guides clients through both transitions seamlessly.Miscellaneous OCI Services — Covering corrections to existing records, lost or damaged card replacement, address changes, and other administrative updates to the OCI file.

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Expert Guidance — Dedicated OCI specialists with deep knowledge of consulate requirements, eligibility rules, and documentation standards across all service types.High Approval Rate — A meticulous multi-stage review process that identifies and resolves issues before submission, dramatically reducing the likelihood of rejection or delay.Fast Turnaround — Standard processing in 12-15 Business Days for most OCI service types, with real-time status updates throughout the process.End-to-End Support — Personalized document checklists, secure document uploads, expert form preparation, consulate submission, and post-submission tracking — all in one place.

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

“For 50 years, Peninsula Visa has helped individuals and families navigate the complexities of immigration documentation. OCI processing is one of the most impactful services we have ever added — it directly connects the Indian diaspora to their heritage country in a lasting, meaningful way. We are proud to bring our proven expertise and client-centric approach to this important service, and we look forward to helping thousands of families secure their OCI status with confidence.”

Founded in 1975, Peninsula Visa has built its reputation on precision, transparency, and a genuine commitment to client outcomes. The addition of OCI processing services reflects the company’s ongoing mission to expand its offerings to meet the evolving needs of immigrants and their families across the United States.

Get Started Today

Eligible applicants can begin their OCI journey by visiting Peninsula Visa’s dedicated OCI Services page. New users can take advantage of the 20% launch discount by entering promo code OCI20 at checkout when selecting any OCI service type.

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

Get Started Today

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/