# Ping An CTO Ray Wang: From Tokens to Value Creation

- Link: https://www.thailand-business-news.com/pr-news/ping-an-cto-ray-wang-from-tokens-to-value-creation
- Published: 2026-09-23T17:19:00+07:00
- Author: PR Newswire

**Average Daily Token Consumption Surpasses 300 Billion; AI-Powered Express Service
Records More Than 100 Million User Interactions**

HONG KONG and SHANGHAI, Sept. 23, 2026 /PRNewswire/ — Ping An Insurance (Group) 
Company of China, Ltd. ("Ping An" or the "Group"; HKEX: 2318; SSE: 601318) announced
that Ping An’s Chief Technology Officer, Ray Wang, was invited to speak at the 2026
Apsara Conference. In a presentation titled "From Tokens to Value: Ping An’s Approach,"
he shared the Group’s experience in deploying AI at scale across its businesses.

 [⌊Ping An CTO Ray Wang Speaking at 2026 APSARA Conference 1⌉](https://mmx.prnasia.com/media/MS1994754/20260923052347EDT_image_1.jpg?id=OA2966514&p=medium600)

Ping An CTO Ray Wang Speaking at 2026 APSARA Conference 1

Ray said he believed that although AI capabilities continue to advance, the central
question for enterprises is how to deploy AI in real-world business scenarios at
a manageable cost and create measurable value. To address this challenge, Ping An
has continued to advance its technology-enabled "integrated finance + health and
senior care" dual-pronged strategy and "AI in ALL" approach, embedding AI across
core businesses and operations. The Group has developed a practical approach that
combines efficient token generation, specialized AI capabilities, and scaled deployment
across real-world business use cases.

"AI is becoming embedded in Ping An’s core businesses and operating processes, moving
beyond providing answers to performing tasks," Ray said. "For enterprises, the key
is to bring AI into real-world business applications at a manageable cost and translate
its capabilities into measurable value."

**AI-Powered Express Service Surpasses 100 Million User Interactions**

Ping An has developed its AI-powered Express Service, enabling customers to "get
things done driven by one prompt". Users can interact with the system in natural
language to complete service requests. Since its launch four months ago, the platform
has expanded to support more than 300 commonly used services, including transactions,
financing and claims, and has recorded over 100 million user interactions.

The Express Service has achieved an end-to-end resolution rate of 92%. It has also
reduced average processing time by more than 50% compared with traditional service
models.

**AI Doctor Provides One-Stop Support Across the Healthcare Journey**

The Group continues to enhance its AI Doctor capabilities, which support the full
healthcare journey, from medical consultations and multidisciplinary diagnosis and
treatment to ongoing health management.

Drawing on professional medical resources from PKU Healthcare Group and working 
with institutions including PUMC Innovation Port, Ping An is strengthening AI capabilities
for the diagnosis and treatment of specific diseases and accelerating their use 
in clinical practice and healthcare services. In multidisciplinary diagnosis and
treatment for breast and gastric cancer, AI assessments were consistent with expert
conclusions in 91% of cases. The AI hallucination rate remained below 0.3%, significantly
outperforming the industry average.

AI Doctor currently serves as the first point of contact for 25% of in-hospital 
services. Its annual service volume is expected to exceed 100 million by the end
of the year.

**Average Daily Token Consumption Surpasses 300 Billion, with 2x Computing Capacity
Supporting 10x Growth **

As AI deployment continues to scale, Ping An has strengthened its underlying computing
and model infrastructure. Over the past year, the Group’s computing capacity increased
from 800 PF to 1,500 PF, while average daily token consumption rose from 30 billion
at the end of last year to more than 300 billion.

"By approximately doubling our computing capacity, we supported a tenfold increase
in token consumption, improving efficiency while keeping costs under control," Ray
said.

Through full-stack optimization spanning foundation models, inference engines, and
computing resource scheduling, Ping An increased token output per unit of computing
power by 368% and reduced cost per token by 76%, significantly enhancing the efficiency
and economics of large-scale AI deployment.

**AI Improves Productivity and Operational Efficiency, with AI-Generated Code Accounting
for Approximately 80% of Total Output**

Ray also shared that AI is increasingly embedded across Ping An’s internal operations
and business management activities.

In software development, AI-generated code accounts for approximately 80% of total
code output, while around 20% of routine development tasks can now be delivered 
end to end by AI. In customer service, AI service representatives handled 81% of
the Group’s total customer service volume in the first half of the year. Quick claims
accounted for 59% of life insurance claims. During the first half of the year, Ping
An P&C achieved RMB7.11 billion in claims savings through AI-powered fraud detection.

**Strengthening Domain-Specific Intelligence to Create Sustainable Long-Term Value**

Ray indicated that while general-purpose AI is becoming increasingly capable, highly
specialized sectors such as finance and healthcare require domain-specific intelligence.

To meet these demands, Ping An has built an integrated framework for domain-specific
intelligence that combines proprietary data, expert-defined standards, production-
grade quality controls, and feedback from real-world business scenarios. Through
this approach, the Group continues to strengthen its AI capabilities and create 
greater value for customers, shareholders, and society.

 [⌊Ping An CTO Ray Wang Speaking at 2026 APSARA Conference 2⌉](https://mmx.prnasia.com/media/MS1994753/20260923052347EDT_image_2.jpg?id=OA2966513&p=medium600)

Ping An CTO Ray Wang Speaking at 2026 APSARA Conference 2

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**Read the original article :** [Ping An CTO Ray Wang: From Tokens to Value Creation ](http://www.prnasia.com/story/archive/5054920_AE54920_0?rand=184833)
