Recently, Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor" or “Ping An Health”; Stock Code: 1833.HK) and By-health Company Limited ("By-health") have signed a strategic partnership agreement. This major collaboration aims to effectively combine By-health's scientific products with Ping An's health management services, leveraging the advantages of the "product + service" innovative model to meet users’ comprehensive health demands and contribute to enhancing the overall health literacy of the population.
At the signing ceremony, Wu Hongliang, Senior Vice President of Ping An Health, described the "product + health management services" integration model as a bold innovation. This comprehensive and multifaceted partnership with By-health paves the way for Ping An Health's users to receive enhanced product services. With both companies possessing unique strengths and highly complementary expertise in the healthcare industry, the high integration of "product + health management services" enables a scenario-based and user-oriented synergy, ensuring mutual benefits and win-win outcomes for both parties. Leveraging the medical and health service capabilities developed over the years, as well as abundant payer resources, Ping An Health is poised to work with By-health to fully utilize their unique competitive edges and provide millions of Chinese families with more professional, comprehensive, and reassuring health management solutions.
By-health's e-commerce division General Manager, Tan Qing, highlighted that By-health has established a significant market share in the industry through its scientific nutrition, global ingredients, and transparent factories. Furthermore, By-health aims to integrate its products with the healthcare services provided by Ping An Health, forging a deeper connection with its loyal users and offering better health service solutions. With the support of Ping An Health's high-quality services and excellent user experience in health management, By-health is confident in providing a superior health experience to its loyal users.
With the "Healthy China" strategy now elevated to the national level, the "Outline of Healthy China 2030" has set specific requirements for the development of the healthcare industry. Ping An Health leverages "health management" to promote the development of a "Healthy China" in collaboration with By-health. The Company considers meeting the essential health needs of every individual as a starting point to achieving the goal of contributing to the high-quality development of China’s healthcare industry. Meanwhile, Ping An Health remains committed to promoting health level of the general public.
Ping An Health has developed a unique business mode of "Managed Care + Family Doctor Membership + O2O Healthcare Services" with abundant payer resources, a well-established supplier network, a leading service system, and robust ecosystem. It focuses on five major scenarios including health, sub-health, diseases, chronic illnesses, and elderly care, providing users with professional, comprehensive, high-quality, one-stop healthcare solutions. As of 31 December 2022, the Company has collaborated with over 100,000 health service providers and more than 2,000 physical examination institutions, covering over 300 cities nationwide to deliver warm and personalized health management services to thousands of families.
As a leader in the domestic dietary nutrition supplement market, By-health prioritizes scientific methods to produce nutritional products, with a focus on innovative technologies like anti-aging and precision nutrition. Through its own patented ingredients and ongoing research, it constantly improves the understanding of key areas such as cardiovascular health, liver health, and metabolic health. By fostering collaboration between industry, academia, research, and maintaining high-quality control in the "transparent factory", By-health consistently strengthens its leadership position in the industry.
