Ping An's Mother's Needlework Public Welfare Program Showcased at London Craft Week
HONG KONG and SHANGHAI, May 29, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) presented its Mother's Needlework public welfare program at London Craft Week 2025, in the "Tiangong Kaiwu: Crafting Works Of China" exhibition of the China Pavilion. The program showcased embroidery and handcrafted carpets created by women from ethnic minorities, including the Yi and Dulong communities. The pieces exemplify the unique beauty of the intangible cultural heritage passed down for thousands of years and highlight the significant role of handicrafts in women's empowerment, community development, and a sustainable economy.
The exhibition's diverse array of handicrafts from Chinese ethnic minorities included the intricate and vibrant Dulong Carpet from Yunnan Province's Dulong people. As a unique garment of one of China's smallest ethnic groups, the Dulong Carpet is celebrated for its intricate craftsmanship and vibrant colors.
Ethnic minority crafts are vital expressions of cultural heritage and history. However, rapid modernization threatens the survival of these skills. In 2020, Ping An launched the Mother's Needlework public welfare program to empower ethnic minority women to preserve traditional techniques and boost their incomes through innovative design and market access. The program champions sustainable fashion by integrating recycled materials with traditional ethnic designs, supporting local women to craft aesthetically pleasing and eco-friendly textile products for domestic and international markets.
The Mother's Needlework public welfare program has expanded to 10 provinces and regions across China to date, including Sichuan, Guizhou, Yunnan, Inner Mongolia, and Guangdong, benefiting over 100 women. It has significantly improved the economic well-being of participating families and injected fresh vitality into sustainable community development.
Ping An affirms that ethnic handicrafts are not only Chinese cultural treasures but also a means to advance sustainable development and social inclusion. Through international platforms such as London Craft Week, Ping An aims to share the unique allure of China's intangible cultural heritage and invite collaboration from global designers and social organizations to collectively explore the innovative and sustainable future of handicrafts.
London Craft Week was established in 2015 and is supported by the King's Foundation, a charity founded by King Charles III. It is a premier global event in the fields of design, fashion, and crafts. Each year, it draws designers and artisans from around the world, fostering cross-cultural exchange and innovation through exhibitions, workshops, and forums.
About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-driven "integrated finance + health and senior care" strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its nearly 240 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2024, Ping An had more than RMB12 trillion in total assets. The Group ranked 29 th in the Forbes Global 2000 list in 2024 and 53 rd in the Fortune Global 500 list in 2024.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Korea Herald
3 hours ago
- Korea Herald
Karpowership and Seatrium Launch LNGTS Americas and Sign LoI for Next-Gen Floating Power Projects
ISTANBUL, Aug. 14, 2025 /PRNewswire/ -- Karpowership and Seatrium have celebrated the naming of Karadeniz LNGTS Americas, the fifth member of Karpowership's LNG Terminal Ship (LNGTS) fleet. The ceremony also saw both companies sign a strategic partnership to convert the Karpowership's next-generation Powership and LNGTS fleet. Karadeniz LNGTS Americas will join the growing fleet of vessels operated by Karpowership, the world's largest owner and operator of the floating power plant technology known as Powerships. LNGTS units can be paired with Powerships (LNG-to-Power), which are multi-fuel enabled, to deliver electricity in regions where onshore infrastructure is limited and access to natural gas is absent. "With thanks to our partners at Seatrium, whose innovation, expertise, and commitment have been integral to our journey, we are delighted to add Karadeniz LNGTS Americas to our expanding fleet," said Orhan Remzi Karadeniz, Chief Executive Officer of Karpowership. "Our model of integrating Powerships and LNGTS offers countries a unique and cost-effective solution to achieving energy security while utilizing cleaner fuels. Our one-of-a-kind, industry-leading design and know-how is globally unique, with no equal in its field. We are very proud to have become a significant player in the LNG field in just six years." Karpowership owns 50 Powerships with an installed capacity of 10,000 MW and 11 LNGTS units, including those under construction or in the pipeline. Having a global footprint in 20 countries across four continents, Karpowership is delivering cleaner, reliable, and cost-effective electricity, including LNG-to-power projects in Brazil and Senegal – the latter being the first of its kind in Africa. Today, Karpowership represents 1% of global installed Gas-to-Power capacity and aims to double that to 2% in the next 10 years. As a part of this plan, the company signed a Letter of Intent (LoI) with Seatrium to expand its floating power capabilities. According to the LoI, Seatrium will begin converting three high-capacity LNGTS and Karpowership's next generation of Powerships, which are designed as a modular system adaptable to project needs. The new design will allow for the integration of advanced technologies such as CCUS (Carbon Capture, Utilization, and Storage) systems or turbines when required. "This collaboration underscores Seatrium's role in transforming the energy industry through innovation and strategic partnerships in energy assets. By uniting our world-class offshore engineering expertise with Karpowership's pioneering energy solutions, we are advancing the development and deployment of rapid, reliable, and flexible power solutions to meet growing global energy demands," said Chris Ong, Chief Executive Officer of Seatrium. The naming ceremony and the LoI reaffirm Karpowership's commitment to providing energy security, meeting countries' needs today, and building resilience for the long term. About Karpowership Karpowership is a global energy company specializing in fast-track and integrated power solutions. As the only builder, owner and operator of the world's largest Powership fleet, Karpowership's vessels can deliver turnkey energy solutions wherever they are needed, connecting to the grid and generating electricity in less than 30 days. In addition to its signature Powerships, Karpowership offers floating LNG solutions, to support a cleaner, more flexible energy future. With over 25 years of experience, Karpowership remains committed to delivering sustainable and reliable power, empowering nations and communities. Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialized vessels, as well as in the repair, upgrading and conversion of different ship types.
Korea Herald
4 hours ago
- Korea Herald
2025 Global Hospitality & F&B Trends - HOTELEX Puts Industry Insights in Focus
SHANGHAI, Aug. 14, 2025 /PRNewswire/ -- HOTELEX 2026 will be held from 30 March to 2 April, 2026, at the National Exhibition & Convention Center (Shanghai), covering 400,000 sqm across the full hospitality and foodservice supply chain—from catering equipment & supplies, tableware, fine food, refeigeration equipment, beverage, coffee and tea, baking equipment & raw materials, and the bar & drinks, to smart hotel solutions. According to the latest reports from the World Travel & Tourism Council (WTTC) and Euromonitor International, the global hospitality and foodservice industries are expected to maintain steady growth in 2025, reaching record market levels. Against this backdrop, the show will focus on "Connecting Global Resources, Uncovering Industry Insights," engaging industry peers from around the world to explore the sector's future. Euromonitor's Global Foodservice Outlook 2025 forecasts the global foodservice market to exceed USD 4.6 trillion in 2025, representing a year-on-year growth of approximately 6.2%. In the hospitality sector, global hotel revenues are expected to increase by over 5% compared to last year, driven by tourism recovery and the rebound in business travel (source: WTTC Global Economic Impact Report 2025). Key trends shaping the industry include sustainability, smart upgrades, and localized guest experiences. Restaurants are accelerating digital transformation, while hotels are placing greater emphasis on energy efficiency and eco-friendly design—factors that are reshaping the competitive landscape. With the hospitality and F&B industries undergoing pivotal transformation, HOTELEX 2026 remains a strategic and dynamic platform for companies aiming to expand operations, drive innovation, and achieve sustainable growth across the Asia-Pacific hospitality sector. We look forward to working alongside industry peers to capture emerging opportunities and shape the future together. Join us at HOTELEX 2026 and be part of the future of hospitality!
Korea Herald
4 hours ago
- Korea Herald
Kuaishou Vice President Song Tingting Highlights Digital Technology's Role in Empowering Women's Innovation and Leadership
INCHEON, South Korea, Aug. 14, 2025 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or "the Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, reaffirmed its commitment to women's empowerment at the "APEC Her Power for a Sustainable Future" Roundtable Forum in Incheon, South Korea. Vice President and Kuaishou Charity Foundation chairperson Song Tingting detailed how the Company leverages digital innovation to help women expand their potential and strengthen leadership. This year's forum, themed "Our Sustainable Tomorrow – Connection, Innovation, Prosperity," brought together female leaders from across the globe to share insights on advancing sustainability through participation in the digital economy and innovative public welfare models. Speaking at the "Digital Empowerment for Women's All-Round Development" session, Song outlined Kuaishou's efforts to bridge the digital divide and create new opportunities for women in entrepreneurship and employment. She noted that short video and livestreaming platforms have enabled innovative business models, allowing women to play an increasingly active role in rural revitalization and economic growth. As digital adoption accelerates worldwide, women have become an indispensable force in driving social progress and economic diversification. By the end of 2024, Kuaishou had facilitated 43.2 million jobs and created 174 emerging professions, reshaping traditional employment patterns and offering women greater flexibility to achieve economic independence and social participation. "Kuaishou launched its digital skills talent development program in 2018, exploring new models to support women in the digital age and fully unlock their potential," Song said. Programs such as "Happy Village Leaders" and "Happy Lecture Hall" offer livestream e-commerce training for rural women, turning digital tools into new farming equipment to promote local agricultural products. In 2022, Kuaishou partnered with the China Women's Development Foundation to launch the "Her Power: Rural Revitalization Support Program," which has since trained more than 1,200 rural women entrepreneurs through e-commerce talent incubation and micro-business support. With hundreds of millions of users, Kuaishou has built a vibrant and trusted digital community where women are among the most active creators. "We will continue to strengthen support for women creators, including investments in traffic, funding, and training," Song affirmed. "We hope to see more women demonstrate creativity and leadership on our platform, contributing to broader social and economic development." About Kuaishou Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou's platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.
