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Ping An Good Doctor CEO He Mingke: Promoting the Sustainable Growth of Commercial Insurance Collaboration Business Through Two Major Initiatives
Everyday Economic News Reporter | Tu Yinghao Everyday Economic News Editor | Wei Weny
Shanghai, March 25 — At the performance release conference of Ping An Healthcare and Technology Co., Ltd. (stock abbreviation: Ping An Good Doctor, HK01833, share price 13.00 HKD, market value 28.099 billion HKD) held that day, Ping An Good Doctor CEO He Mingke responded to a question from the Daily Economic News reporter about “the growth potential of commercial insurance collaboration and future strategic plans.” He stated that the company will strive to promote sustained growth in commercial insurance collaboration through two main measures: reducing service costs and further improving high-end customer service quality.
Image source: Photo by Tu Yinghao, Daily Economic News
He Mingke said that currently, the company’s service costs are relatively high, making it difficult to fully cover all customers and provide better benefits. The company will further optimize its cost structure and aim to continuously expand market space. He also pointed out that the industry generally operates on a logic of building customer circles through service systems. By breaking through the quality ceiling of customized premium services, the company can create clear service tiers, thereby driving the growth of high-net-worth customer groups and strengthening competitiveness in high-end customer services.
According to the annual report, Ping An Good Doctor is projected to achieve a total revenue of 5.468 billion RMB in 2025, a year-on-year increase of 13.7%; net profit attributable to the parent company of 380 million RMB, up 366.1%; and adjusted net profit of 414 million RMB, up 161.3%. In terms of business structure, the company’s largest revenue source is the commercial insurance collaboration business (F-end), which generated 3.296 billion RMB, an increase of 11%. The corporate health management business (B-end) recorded revenue of 1.306 billion RMB, a growth of 40.6%, accounting for 23.9% of total revenue, an increase of 4.6 percentage points year-on-year.
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Cover image source: Daily Economic News