Ping An Health posts revenue of RMB2,828 million in the first half of 2022

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Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor" or “Ping An Health”; Stock Code: 1833.HK), announced its 2022 interim results. Since the deepening of Strategy 2.0 Continuum, the Company has steadily implemented its differentiated “managed care + family doctor memberships + O2O healthcare services" model and created competitive advantages.

During the period, Ping An Health's total revenue reached RMB2,828 million and gross margin increased to 27.3%. Gross margin of medical services increased by 13.3 percentage points as compared with the second half of the previous year. The cumulative number of paying users grew rapidly to more than 40 million in the past 12 months. The Company has served a total of 749 enterprises and cumulative consultations over 1.3 billion, driving the Company to maintain a leading position within the industry.

Actively promoting corporate health management services with the number of paying users crossing 40 million.

During the period, Ping An Health remained focused on its strategy and continued to pursue an innovative business model. The cumulative number of paying users increased by approximately 2 million in the previous 12 months. As a professional, comprehensive, high-quality and one-stop corporate health management service provider, Ping An Health has launched “Enterprise EZhealth” 2+4 corporate healthcare management product system, including "Health Checkup+" and "Health Management+" to provide on-demand one-stop health management services. For example, a stated-owned enterprise has been using Ping An Health's “Enterprise EZhealth” and effectively solving the problems of inconvenient access to medical care in the regions where some employees are located reaching a total of 2.8 consultations per capita since the cooperation.

In addition, the synergy of integrated finance + healthcare is becoming more obvious. Ping An Health continues to tap into the experience, technology, client base and resources of Ping An's managed care model to better realize two-way synergy with the financial business and create heartwarming financial services. Ping An Health has strategically upgraded its one-stop healthcare service solutions and jointly launched "Ping An Zhen Xiang Run" service with Ping An Life Insurance with service satisfaction exceeding 98% following the upgrade. In addition, the Company has launched a series of services for users of Ping An Bank and other integrated financial channels such as consultation assistance from famous doctors which have assisted partner channels expand its clientele and increase customer loyalty. As of 30 June 2022, the Company has served a cumulative total of 749 corporate customers. In addition, The number of paying users of corporate employees and corporate customers reached more than 2 million and the number of paying users from financial side reached more than 33 million respectively in the previous 12 months.