AI Medical Technology Enters "One Belt, One Road" Initiative; Ping An Good Doctor Attends 3rd Future Investment Initiative

SHANGHAI, Oct. 30, 2019 /PRNewswire/ -- The third edition of Future Investment Initiative (FII) began in Saudi Arabia's capital Riyadh on 29 October. The world's leading online healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor"; stock code: 01833.HK) was invited to be a technology partner of the forum - the only Chinese healthcare company receiving an invitation, where it explored digital healthcare development and investment prospects in the health sector with the world's most influential governments and business leaders. 

Commencing in October 2017, the FII is one of the most influential investment forums in the world. This time, the forum centred on three major pillars, namely Sustainable Future, Technology for good and Advanced Society, and fully explored the future of global business and investment. "Through 'mobile medical + AI technology', Ping An Good Doctor strives to provide every family with a family doctor, every person with an e-profile and everyone with a healthcare management plan. Our company aims to share our AI medical technology with people from all over the world through FII", said WANG Tao, CEO of Ping An Good Doctor - a Chinese enterprise with breakthrough achievements in the online healthcare industry. At FII, Ping An Good Doctor impressively showed its significant AI health technological product, "One-Minute Clinic", attracting a large number of visitors to stay on-site to experience it.

In recent years, with digital healthcare breakthroughs transforming the medical sector, the advancement of technologies such as AI has brought the healthcare industry both new development opportunities and investor attention. Having industry-leading AI medical technology, Ping An Good Doctor is a top player in the industry. In 2015, the company developed an AI-assisted diagnosis and treatment system named "AI Doctor", which is a system continuously optimised under the training of Ping An Good Doctor. It is developed with more than 500 million person-times of consultation records, and greatly bolstered the efficiency of hospitals, pharmacies, clinics and doctors.

Currently, the "AI Doctor" has been applied on both online and offline circumstances: online consultations and the "One-minute Clinic". The "One-minute Clinic", equipped with a "smart medicine cabinet" and "standalone consultation room", is the company's first self-developed commercial, self-help clinic in China. In conducting smart consultations with the "AI Doctor", the "One-minute Clinic" organises information regarding the patient's conditions and then automatically transfers it to the relevant department for diagnosis by a medical team expert. By combining AI technologies and doctors on a cloud-based platform, this model enables fast and smart consultations, largely improving consultation efficiency.

Apart from that, the company's strategic, innovative, new product "Private Doctor" can provide users with one-on-one online consultations with private expert doctors , 24/7 healthcare and other high-quality medical and health services. The advanced product "AI Doctor" considerably increases consultation efficiency of doctors in a highly rapid and accurate manner, ensuring that the friend-like "Private Doctor" offers high-quality, efficient, customised and precise healthcare services. 

With the unique "Internet + AI + 1,000 in-house physicians" service model, the company continuously deepens its healthcare technology innovation efforts in a user-oriented way and enables ordinary households access to the cutting-edge achievements of its AI medical technologies. At present, the company's registered user numbers have exceeded 300 million, evidencing wide market recognition by users. Going forward, Ping An Good Doctor will continue to push for the development and applications of AI health technology, in order to provide more comprehensive and convenient health services for users, bringing upgrades to the healthcare arena.

About Ping An Healthcare and Technology Company Limited

As the world's leading one-stop healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor"; stock code: 01833.HK) is strive to provide every family with a family doctor, every person with an e-profile and everyone with a healthcare management plan through our "mobile medical + AI technology". At present, Ping An Good Doctor has established key business segments including online medical services, consumer healthcare, healthcare mall, and health management and wellness interaction.

As of 30 June 2019, our number of registered users reached 289.3 million and the number of monthly active users reached 62.7 million, it has become the largest mobile medical application in China in terms of coverage. Being powered by self-developed AI-assisted diagnosis system, our in-house medical team is strive to provide users with one-stop medical services covering 7/24 online consultation, referral, registration, online drug purchase and one-hour medicine delivery.

In April 2015, the Company received $400 million private placement from Softbank Vision Fund. On 4 May 2018, Ping An Good Doctor became the No.1 listed internet healthcare company in the world when it joined the Hong Kong Stock Exchange, stock code 01833.HK.