Ping An Good Doctor Awarded "Listed Enterprise of the Year 2019" by Bloomberg Businessweek/Chinese Edition

Ping An Good Doctor
2019-11-26 18:04 3989

SHANGHAI, Nov. 26, 2019 /PRNewswire/ -- Bloomberg Businessweek/Chinese Edition, a renowned Asian financial magazine, announced the winners of the "Listed Enterprises of the Year 2019". The world's leading online healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor"; stock code: 01833.HK) was awarded the "Listed Enterprise of the Year 2019" for its brilliant performance in various aspects, becoming the only internet health-tech company on the list of winners. The honour recognised Ping An Good Doctor's efforts in steadily improving the service level, innovation capability, management efficiency and development planning, and in further aligning itself with the international standard.

Bloomberg Businessweek/Chinese Edition is the only financial media agency in Hong Kong that applies Bloomberg Terminal for the analysis and evaluation of the listed company awards. The "Listed Enterprise of the Year" is one of the most authoritative evaluation campaign in the sector, with an aim to select outstanding listed companies which are recognised by the business and investment sectors, establish indicators with high reference value for investors, and increase the public's understanding of the award-winning enterprises by commanding the listed companies which have delivered exceptional performance and made contribution to the stability of the economy. The evaluation will undergo a professional and stringent process, where candidates are assessed against various indicators, such as business/financial performance, investor relationship, corporate strategies, innovative business model, risk management and corporate social responsibility, by a judging panel comprising business leaders or representatives, with data being audited by a professional accounting firm, producing results with high credibility and representativeness.

Floated on the Hong Kong Stock Exchange on 4 May 2018, Ping An Good Doctor is dubbed the "No.1 listed internet health-tech company in the world". Since its establishment in 2014, Ping An Good Doctor has been proactively tapping on the opportunities brought about by policies and the market demand, innovating the unique "Internet+AI+1000 in-house doctors" service model to comprehensively meet users' personalised healthcare demand and maximise the value of internet health-tech by providing users with one-stop services covering 24/7 online medical consultation, referral, registration, out-patient arrangement, second medical opinion and one-hour drug delivery.

At the meantime, Ping An Good Doctor strives to develop AI medical technology in order to strengthen the core of Internet medical services. At present, Ping An Good Doctor's AI-assisted diagnostic system have been used in all departments of its in-house medical team and in nearly 150 offline hospitals across the country, assisting the in-house medical team and offline hospitals in achieving medical information automation and medical procedure standardisation while enhancing the efficiency of diagnosis and treatment.

Ping An Good Doctor's extensive practical experience has established a solid foundation for innovation. On this basis, Ping An Good Doctor launched an innovative, strategic product Private Doctor of Ping An Good Doctor in August 2019, signing cooperation agreements with 29 global industry leaders for a total contractual amount of RMB300 million on the first day. This innovative service enables access to premium medical resources for users and genuinely helps cultivate trust between users and doctors, so that users can obtain more precise, consistent and personalised healthcare services. The service has ushered in a new era of private doctor for Internet healthcare, significantly elevating the service standard of the industry and users' service experience.

Ping An Good Doctor's innovative products and huge growth potential have been endorsed by the market and users. This September, the number of registered users of Ping An Good Doctor exceeded 300 million, implying that one in every three Chinese Internet users is a user of Ping An Good Doctor. Internet healthcare has reached a large number of households through the services of Ping An Good Doctor.

It is even more worth noting that Ping An Good Doctor has been included in the MSCI China Index by a world-renowned index compilation company MSCI, becoming the only stock in the internet health-tech industry added to the index. This has once again affirmed its investment values in terms of fundamentals and technical. Besides, Ping An Good Doctor's stock price also saw a surge this year, hitting new 52-week highs for consecutive times. International banks, such as Macquarie, UBS and Daiwa, have shown optimism about Ping An Good Doctor's future.

About Ping An Healthcare and Technology Company Limited

As the world's leading online 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 App "Ping An Good Doctor" was officially launched. In December 2017, the Company completed the pre-IPO financing from Softbank Vision Fund, during which it raised US$400 million. On 4 May 2018, Ping An Good Doctor became the No.1 listed internet health-tech company in the world when it joined the Hong Kong Stock Exchange, stock code 1833.HK.

Source: Ping An Good Doctor
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