Ping An China has reported robust financial results for Q1 2026, with a 7.6% year-over-year increase in operating profit attributable to shareholders, reaching RMB 40.78 billion. The group's total assets exceeded RMB 14 trillion. Life and health insurance new business value rose by 20.8% to RMB 15.574 billion, while first-year premiums surged 45.5% to RMB 66.34 billion. AI technology played a significant role, driving sales of RMB 30.442 billion in the first quarter. The company has partnered with major state-owned and joint-stock banks to enhance its bancassurance channels. In property insurance, gross written premiums grew by 6.8% to RMB 90.951 billion, with non-motor insurance premiums up 19.5%. Health insurance premiums also saw a rise, with medical insurance income increasing by 6.4% to RMB 24.35 billion. Despite a challenging external environment, Ping An maintained a strategic focus on long-term investments, balancing allocations to dividend-focused and technology-driven equities. The company continues to expand its AI initiatives, enhancing customer experience and operational efficiency.