Ping An Good Doctor's Double 12 National Healthcare Day Records 214.3% Y-o-Y Sales Growth
SHANGHAI,Dec. 13,2018 --China's leading one-stop healthcare ecosystem platform Ping An Health Medical Technology Company Limited ("Ping An Good Doctor" or the "Company",stock code: 01833.HK) announced the results of its Double 12 National Healthcare Day campaign of 2018. The sales revenue and the number of participating users of Ping An Good Doctor Health Mall increased by 214.3% and 182.2% year-on-year,respectively.
This year's Double 12 National Healthcare Day (December 12th) was focused on young consumers and consumption upgrade. Ping An Good Doctor,together with well-known manufacturers such as BY-HEALTH,Guoda Drugstores,Besunyen and Joyoung,offered young consumers a range of health products to help them pursue a healthy lifestyle. The sales volume of products such as Yang Sheng Tang's vitamin E,honey sold by Beijing Tong Ren Tang and Devondale Full Cream Milk Powder for adults were all more than 10 times the average daily sales volume. The sales volume of these three products ranked first in the nutrition and healthcare,nourishing foods and health foods category respectively.
Sales revenues from traditional winter nourishing foods increased by 452.4% compared with the same period last year,showing that a growing number of young people take tonics and nourishing foods in the winter season. Traditional Chinese medicine (TCM) practices dictate that people should supplement the body,absorb nutrients and improve their immune system during the autumn and winter seasons.
It is important to choose nourishing foods based on each individual's personal constitution,so Ping An Good Doctor conducted a free online healthcare consultation during the campaign. Experienced TCM doctors provided recommendations on healthcare and nourishing solutions,and their advice proved to be a popular feature of the campaign.
Ping An Good Doctor cooperated with nearly 450 medical institutions across more than 100 Chinese cities to launch promotional campaigns,such as an 88% discount on annual medical examinations,and "buy one medical examination,get one teeth cleaning free" packages. The AI Doctor at Ping An Good Doctor's online platform provided users with interpretation of their medical reports. On 12 December,the sales revenue of the consumer medical products offered at the Company's health mall,including medical examinations,teeth whitening and cleaning,and genetic testing,increased by 191.6% year-on-year.
The success of Ping An Good Doctor's Double 12 National Healthcare Day campaign reveals the growing trend of Chinese people paying closer attention to their health,and spending more money to improve it. Ping An Good Doctor also invited doctors,media and key opinion leaders to share their disease prevention and treatment knowledge,healthcare and weight-loss tips and winter nourishing experiences through various channels,such as through live streaming,the "health headlines" platform and internet forums. Ping An Good Doctor's health headlines pushed professional healthcare and medical news feeds to more than 50 million people,helping more people build a healthy lifestyle.
About Ping An Healthcare and Technology Company Limited (01833.HK)
Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor",stock code: 01833.HK) is the leading one-stop healthcare ecosystem platform in China. By combining "mobile health + AI technology",the Company strives to provide every family with a family doctor,every person with an e-health profile and everyone with a healthcare management plan. Ping An Good Doctor has established a comprehensive,one-stop healthcare ecosystem covering family doctor services,consumer healthcare services,a health mall as well as health management and wellness interaction.
As of the end of June 2018,there were 228 million registered users and the Company's MAU reached 48.6 million. Ping An Good Doctor is today the largest mobile medical application in China in terms of user scale. Ping An Good Doctor employs more than a thousand medical personnel (Assistant Supervisor Level or above from Class III Grade A Hospitals) in its in-house medical team and contracts with 4,650 renowned external doctors. This in-house medical team,empowered by our proprietary AI technology,provides users with 24 x 7 online consultation services. In our offline partnership network,Ping An Good Doctor collaborates with approximately 3,100 hospitals (including more than 1,200 Class III Grade A hospitals) to provide services such as hospital referral,appointment and inpatient arrangements. Ping An Good Doctor also partners with more than 2,000 healthcare institutions,including physical examination centers,dental clinics,cosmetic surgery institutions and more than 10,000 pharmacy outlets,to provide relevant health and wellness services to our users. By integrating our AI-empowered medical team,external doctors and offline network,Ping An Good Doctor has established a closed-loop healthcare ecosystem which enables our users to enjoy online consultations and online drug purchases,as well as online consultations and offline follow-up treatment,thereby providing convenient,high-quality and efficient family doctor services.
In April 2015,the App "Ping An Good Doctor" was officially launched. In May 2016,the Company completed an A round financing and raised US$500 million. 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 01833.HK. Our IPO cornerstone investors include Blackrock,Capital Group,GIC,Canada Pension Plan Investment Board,Khazanah Nasional Berhad,Swiss Re and CP Group.
