Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor" or "Ping An Health", Stock Code: 1833.HK) announced that due to personal work arrangements, Mr. Fang Weihao has resigned from his position as Chairman of the Board of Directors, Executive Director and Chief Executive Officer of Ping An Health. He will take up another important position in Ping An Group. After thorough consideration, the Board of Directors of the Company has unanimously agreed to appoint Mr. Li Dou as the Chairman of the Board, Executive Director and Chief Executive Officer of Ping An Health, with effect from the date of this announcement.
Fang Weihao resigns as Chairman of the Board of Directors, CEO and other positions of Ping An Health
Fang Weihao joined Ping An Health in 2020 as Chairman of the Board, Executive Director and Chief Executive Officer. The Board of Directors of Ping An Health expressed its sincere gratitude to Fang for his contributions to the Company's strategic transformation and steady development over the past three years, which laid a solid foundation for the construction and deepening implementation of the Company's managed care model 2.0. During his tenure at Ping An Health, Fang focused on the construction of the healthcare ecosystem, actively developed the Company's unique business model of "managed care + family doctor membership + O2O healthcare services", and constructed a performance system of "online, in-store, and home/workplace-delivered" quality services, driving the Company to become a leading healthcare service platform and portal in China. As of 30 June, 2023, Ping An Health App had more than 400 million registered users, covering approximately 50,000 in-house and contracted external doctors across 22 specialties. The Company set up 23 specialty medical centers which cover eight medical specialties, providing full-scenario, multi-tiered healthcare services to meet users’ needs. At the same time, Ping An Health has served 1,198 corporate customers, and has created the leading "EZHealth" health management solution for employees, helping enterprises create a harmonious workplace.
Li Dou appointed as Chairman, CEO and other positions of Ping An Health
The Board has unanimously agreed to appoint Li Dou as the Chairman of the Board, Executive Director and Chief Executive Officer. According to the announcement, Li Dou, aged 47, has served as a special assistant to the Chairman and General Manager of the Healthcare Division of Ping An Life Insurance Company of China Limited. Li Dou joined Ping An Health in August 2023 and has served as a non-executive Director of the Company. Prior to that, Li was the vice president of sales and the demand general manager of China of Mars Wrigley Confectionery (China) Limited.
The Board of Directors of Ping An Health stated that Mr. Li has successively held senior management positions in various fields such as medicine, fast-moving consumer goods, insurance, and elderlycare. He has profound insights and extensive experience in understanding consumer needs – some of his work included deploying back-end product research and development, the development of supply channels, and digital operations. In addition to his professional background and managerial expertise, Mr. Li Dou possesses strong strategic insights, execution capabilities, a broad vision, and a drive for innovation. During his tenure at Ping An Life Insurance, Mr. Li Dou played a pivotal role in developing Ping An Life Insurance's "Health+" business model. He led the establishment of the home-based elderlycare team, creating a new product line and service system, and integrating insurance to form a new sales system. Over the past year, his efforts have yielded significant results in strengthening the Company’s service foundations and pursuing long-term operations. This includes the creation of a comprehensive three-in-one professional companion service, a one-stop solution for 10 major service scenarios, and an intelligent supervision system.
Ping An Health stated that the Company has a firm strategic position, a clear development path, continuous improvement in management, and sound financial stability. Under the leadership of the new management team, we believe the Company will further achieve healthy and high-quality business development. Currently, Ping An Group is continuing to deepen the strategic development of "integrated finance + healthcare and elderlycare". As an integral part of Ping An’s managed care services system the flagship platform of the Group’s healthcare ecosystem, Ping An Health will adhere to the value proposition of “worry-free, time-saving, and money-saving” and will deeply cultivate the healthcare industry, providing professional and warm products and services, and striving to contribute to the national health cause.
