The State Information Center and Ping An Group Sign the Credit Information Sharing Memorandum of Cooperation

On May 16, 2018, the State Information Center and Ping An Insurance Group signed the Memorandum of Cooperation on Strengthening Credit Information Sharing, Chen Hongwan (the director of NDRC Finance Department), Zhou Min (the director of National Public Credit Information Center), Huang Baoxin (the deputy secretary of the Party Committee of Ping An Insurance Group) and Qiu Han (the vice general manager and chief innovation officer of OneConnect) attended the signing ceremony.

In recent years, the Party Central Committee and the State Council have paid great attention to the construction of social credit system, continuously perfected the top design, and unceasingly strengthened the promotion power. Under the guidance of the National Development and Reform Commission (NDRC), the State Information Center has promoted the construction of the national credit information sharing platform and Credit China.gov.cn, collected millions of credit information, provided the public with “one-stop” credit information disclosure application service, and formed the “overall hub” and “overall window” of credit information collection, sharing, disclosure and application. Ping An Insurance Group which was established in 1988 is the first insurance enterprise with the shareholding system in China. Profiting from the national reform and opening-up policy as well as social and economic development, relying on hard work and efforts, the company has grown from the team of 13 persons to the comprehensive finance group driven by technology and innovation and ranking No. 1 regarding the market value and brand among global insurance group with 1.72 million employees and life insurance sales personnel, 166 million customers and 436 million internet users. Ping An Group deeply knows that the cultivation and construction of a good credit environment is critical to benefits of customers, society and the Group: on the one hand, Ping An Group operates strictly abiding by laws and regulations, and always cares and treasures the integrity record of the Group; on the other hand, the Group always undertakes the social responsibility when operating in the standard manner, actively responds to the national call to participate in the explore and practice of the construction of the social credit system, and has accumulated relevant professional experience and resources. As per the unified deployment of Ping An Group, its subordinate OneConnect is responsible for handing over relevant work. OneConnect is the fintech service platform created by Ping An Group. Relying on the long-term fintech accumulation and powerful professional technical team of the Group, based on four core technologies (artificial intelligence, blockchain, cloud platform and biometrics identification), the company has created five useful tools, separately smart sales program, smart risk management program, smart product program, smart service program and smart operation program, to help the financing institution, supervision department and other clients and organizations to comprehensively improve five major capacities, including the customer acquisition, risk management, products, customer service, operation; regarding the construction of credit system, the integration of OneConnect includes relevant resources and capacities, covering the infrastructure and professional talents.

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