2024-03-26 18:10:23 ET
ZhongAn Online P & C Insurance Co., Ltd. (ZZHGF)
Q4 2023 Earnings Conference Call
March 26, 2024, 05:00 AM ET
Company Participants
Zhang Lin - Head of IR
Jiang Xing - General Manager & CEO
Wayne Xu - President, ZhongAn International
Li Gaofeng - CFO and CIO
Wang Min - Executive Vice General Manager and Secretary of the Board
Conference Call Participants
Michael Lee - Bank of America
Qingqing Mao - CICC
Michelle Ma - Citi
Rick Dahl - Morgan Stanley
Presentation
Operator
Good afternoon. Welcome everyone to attend this 2023 Annual Announcements of ZhongAn Online. [Operator instructions]. And also before the end, there will be Q&A. [Operator instructions]
Now I'll give the floor to the first speaker, Zhang Lin.
Zhang Lin
[Interpreted]. Distinguished investors, analysts and media friends, good afternoon. Welcome everyone to attend this 2023 annual announcements of ZhongAn Online. I am the director of IR, Zhang Lin. First of all, I'll be introducing the management from ZhongAn Online. General Manager and CEO, Mr. Jiang Xing from ZhongAn Online, CFO and Chief Investment Officer, Mr. Li Gaofeng, and Executive Vice General Manager and Secretary of the Board, Wang Min and also Xu Wayne. The Director and President of ZhongAn International.
Now I'll give the floor to the first speaker, Jiang Xing?
Jiang Xing
[Interpreted]. So good afternoon, dear friends and media friends and investors and analysts. My name is Jiang Xing, the General Manager of ZhongAn Online. Welcome everyone to attend this 2023 annual announcements of ZhongAn Online. And thank you very much for your support and also attention to ZhongAn.
The year 2023 holds a special significance for ZhongAn as it marks the 10th anniversary of the company. There's a nation in China saying that it takes 10 years to sharpen the sword. Over the past decade, we have transformed from the child learning how to walk and gradually explored to become the ninth largest PNC insurance company in terms of premium volume in China.
Throughout these 10 years, ZhongAn has consistently adhered to the mission of empowering the finance with technologies and providing insurance service with a caring hand to contribute to deepen our understanding and application of technology in finance.
We adhere to dual engine strategy of insurance plus technology, deeply integrating technology with insurance throughout the entire process, while at the same time also driving the digital transformation of the global insurance industry. Over the past 10 years, we have issued over 64 billion policies and served over 500 million users.
Last year, we were listed for the first time in the Fortune China 500 ranking for 2023, becoming the only Insuretech company to be selected. Next, I'll be sharing with you the specific achievements of the company in 2023....
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ZhongAn Online P & C Insurance Co., Ltd. (ZZHGF) Q4 2023 Earnings Call Transcript