Ping An Good Doctor upgrades strongly, Ping An Health soars by over 3%

According to the financial news app Zhitong Finance, on June 19th, the stock price of Ping An Health (01833), a Hong Kong-listed internet healthcare company, surged by over 3%. Recently, Ping An Health announced a comprehensive upgrade of its family doctor service brand "Ping An Family Doctor" and launched the 11312 one-stop proactive health management service system. This marks the formal formation of the dual core hubs of "family doctor" and "elderly care manager", accelerating the synergy between medical care for the elderly and insurance business.

It is understood that Ping An Family Doctor is positioned to mainly serve F-end and B-end customers under the Ping An Group, with its F2C and B2C models being Internet + family doctor.

Li Dou, Chairman and CEO of Ping An Health, stated that the newly upgraded "Ping An Family Doctor" will create a one-stop proactive health management service system called "11312". Through an exclusive family doctor entrance, users can experience worry-free, time-saving, and cost-effective one-stop family health management services, effectively extending the user's healthy lifespan and improving life quality.

The upgrade of Ping An Family Doctor demonstrates that the group is treating the establishment of professional and effective family doctor services as a long-term core business. In addition to upgrading "Ping An Family Doctor", Ping An Health also launched the "11312" one-stop proactive health management service system. This move proves that Ping An Health is on the right path of development.

From a policy perspective, in recent years, the issue of elderly care has gradually become a focus of attention for all sectors of society. The government work report has highlighted several key industries that need attention, including the digital economy, education, and elderly care. Elderly care was mentioned 13 times, making it a key focus of market attention. As the flagship of the group's medical and elderly care ecosystem, Ping An Health continues to support the implementation of the "comprehensive finance + medical and elderly care" model.

On the demand side, the latest "2024 China Resident Family Doctor Demand Survey and Development Report" released by the New Health Research Institute of the 21st Century shows that Chinese residents have an increasingly strong demand for family medical services. 99.15% of the survey respondents expressed a desire to have a fixed family doctor to provide services for themselves and their families. On one hand, there is a high demand for family doctors among residents, and on the other hand, the internet remote medical care model is facing challenges, with no clear industry leader at present.

As of now, Ping An Health has established a comprehensive O2O network that covers online, offline, and home services. It has partnered with over 4,000 hospitals, over 2,000 medical examination suppliers, and 231,000 pharmacies. It has achieved a 99% coverage of the top 100 hospitals nationwide. In addition, Ping An Family Doctor has established 23 specialty centers around eight major disciplines, covering overseas medical resources, and has formed a team of 50,000 internal and external doctors from 29 departments, attracting collaboration with 2,500 renowned medical experts.

Li Dou stated that in the future, Ping An Health will further strengthen the construction of the company's core business hub - the family doctor service system, to provide quality proactive health management solutions to meet the growing medical and health needs of the general public