Ping An Ranks 8th in 2019 International Patent Applications, Demonstrating Leading Position in Technology R&D
PING AN INS CO OF CHINA (PNGAY)
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Source: PR Newswire
HONG KONG and SHANGHAI, April 21, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Group" or the "Company", HKEx:2318; SSE:601318) announced that Ping An Technology (Shenzhen) Co., Ltd. (Ping An Technology) ranked 8th globally with 1,691 patent applications in the 2019 Patent Cooperation Treaty (PCT) international patent applications released by the World Intellectual Property Organization (WIPO). Ping An Technology's patent applications included 679 in artificial intelligence (AI), 58 in blockchain and 48 in cloud computing, demonstrating a leading position in technological research and development (R&D) and innovation.WIPO is a self-funding agency of the United Nations, and the PCT is an important international treaty. By filing one international patent application under the PCT, patent applicants can simultaneously seek protection for an invention in 148 countries. PCT international patent application is one of the major channels for
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