Ping An Good Doctor, UMP and Zheng He Announce Strategic Cooperation Building Online and Offline Family Doctor Service Network

HONG KONG, CHINA – Media
OutReach  – 9 November 2018 – Ping
AnGood
Doctor(the
“Company”,stockcode:1833.HK),UMPHealthcareHoldingsLimited(“UMP”,stockcode:722.HK)andZhengHeHealthandMedicalResourcesLimited(“ZhengHe”)
todayannouncedtheirstrategiccooperation.The
threepartieswillmakefulluse
oftheirrespectiveadvantagesandresourcestojointlybuildan
onlineand
offlinefamilydoctorservicesnetworkand
realizethe
sharedvisionof“providingeachfamilywithatrustedfamilydoctor”.ThiscooperationalsoaimstohelpthegovernmenttoachievethegoalofpromotinganddevelopingfamilydoctorservicesacrossChina.

Accordingtothestrategiccooperationagreement,PingAn
GoodDoctor,UMPand
ZhengHe
willcarryoutin-depthcooperationon
variousaspects,suchas
improvingthe
medicalservicecapacityand
capabilityof
onlineand
offlinedoctors,perfectingthe
closedloop
ofonlineandofflinemedicalservices,expandingthe
offlineclinicnetwork,optimizingandimprovingthe“GOLDTrainingPlan”toprovidebetter,morepersonalizedand
efficientservicesforboth
doctorsand
users.

Intermsofimprovingthemedicalservicecapacityandcapability,UMPwill
providetrainingtothe
PingAn
GoodDoctormedicalteam
underthe
GeneralPracticeOrientedLearningandDevelopmentTrainingProgram(“GOLDTrainingProgramme”),furtherimprovingthe
consultationskillsandclinicaltechnologyof
doctors,and
providingalargenumberofonlineuserswithmedicalhealthconsultationserviceswhichareofhigherqualityandinlinewithinternationalstandards.Inthefuture,doctorswhohavebeenthroughthemedicaltrainingandpassedthe“GOLDTrainingProgram”willbeabletoprovideefficientandhigh-qualitytelemedicineconsultationservicesontheplatformtomeetthegrowingdemandofonlineconsultations.

Inthemeantime,Ping
AnGood
Doctorand
UMPwill
improvethe
closedloop
ofonlineandofflinemedicalservicesthroughthe
sharingof
medicalresources.PingAn
GoodDoctorisaleadingone-stophealthcareecosystemplatforminChina,whileUMPhasanetwork
ofmorethan600familydoctors/generalpractitionersclinicsacrossChina.Thetwopartieswilljointlyprovideuserswithhighqualityonlineandofflinemedicalservices.

Inthefuture,onlineusersof
PingAn
GoodDoctorwillbe
ableto
enjoyqualityface-to-faceofflineprimarycare
servicesthroughUMP’sownedandmanagedclinics(includingpubliccommunityhealthcenters)locatedacrossBeijing,Shanghaiandthe
GreaterBay
Area(includingHongKong);PingAn
GoodDoctor’sgloballeadingmobilemedicaltechnologywill
alsoenableusersof
UMP’sofflinemedicalcentersandclinicstomanagetheirhealthandbookingbeforethe
consultationand
alsoengagesuchusersforfollowupaftertheconsultationthroughtheirmobilephone,helpingall
threepartiestoexpandandengagemorenew
onlineand
offlineusers.

Intermsofexpandingthenetworkofofflineclinics,Ping
AnGood
Doctorand
UMPwill
workcloselywithvariousregionalgovernmentstoestablishmorehigh
qualityclinicsandservicelocationsacrossthecountry,providinguserswithonlineandofflineintegratedmedicalservices.At
present,the
GreaterBay
Areaand
otherregionsareintroducingnewtechnologieswithapositiveandopenattitude,withtheaimofimprovingthecapacityandcapabilitylevelofprimaryhealthservices.Accordingtothe“Guangdong
Provincial ActionPlantoPromote
‘Internet +’MedicalHealth(2018-2020)”,by2020,thetopthreehospitalsinGuangdongwillfullyutilize“Internet

+”medicalservices,andmedicalhealthartificialintelligence(AI)
technologywill
covercounty-levelhospitals,townshiphospitalsand
communityhealthservicecenters.

Inthelong-term,the
threepartieswillmakefulluse
oftheiradvantagesand
furtheroptimizeandimprovethe“GOLDTrainingProgramme”,aswell
asto
provideonlineandofflinecomprehensiveconsultationandclinicalservices.Ping
AnGood
Doctorhas
theworld’sleadingmobilemedicaltechnologyandAI
technology,alargenumberofonlineconsultingcasesanddata;UMPownsandmanagesmorethan600offlineclinicsinChina(includingHongKong)aswellasoveralldeliveryandmanagementofthetrainingplan“GOLDTrainingPlan”,withtheaimofdevelopingmorehighqualityfamilydoctors;ZhengHehasrichresourcesinmedicaltechnologyinNorthAmerica.

Regardingthestrategiccooperation,Mr.WangTao,ChairmanandCEOofPingAnGoodDoctor,said,“UMPhas
richexperienceinfamilydoctorservices,andthe
cooperationwith
theGreaterBayArea
communityhospitalandclinicnetworkis
impressive;ZhengHehas
richexperienceandaplethoraofglobalmedicaltechnologyresourcesinthemedicalhealthindustry.Throughthisstrategiccooperation,PingAnGoodDoctorwillfurtherimprovetheservicelevelandefficiency,establishalargernetworkofofflineprimaryclinics,
improvetheclosedloopofonlineandofflineintegratedservices,andprovideconvenientandpremiummedicalandhealthservicesforbothdomesticandoverseasconsumers.”

Dr.SunYiuKwong,ChairmanandCEOofUMP,stated,“UMPis
alwaysactinginline
withthe
nationalpolicyofdevelopingmoregeneralpractitionersand
patienttriagethroughprimarycare.UMP
doesso
byprovidingtheGOLDTrainingProgrammetofamilydoctorswho
arepracticinginpubliccommunityhealthcenters,improvingtheclinicalskillsof
thesefamilydoctorsand
empoweringthemtobetterimplementthe
government’spoliciesofcontractinga
dedicatedfamilydoctorforeachcitizenorfamily.UMPhasbeenveryactiveinsettinguppublic-privatepartnershipcommunityhealthcenters,therebyexpandingitsgeographicalreachofclinicsandalsoclinicalservicecapabilities.ThecooperationwithPingAnGoodDoctorandZhengHebringsthethreepartiestogether,allowingeachpartytosharetheirresources,needsandbenefitswitheachother.PingAnGoodDoctorcanimproveUMP’sinformationtechnologycapacityandempowerUMPtoadoptamoreaggressive
expansionstrategy,enableUMPtodevelopnewcorporatehealthcaremanagementplansanddevelopnewandinnovativecommercialhealthinsuranceproducts.Ontheotherhand,ZhengHewillbeusingitsresourcesandnetworktoassistUMPtodevelopprecisemedicalsolutionsthataremostsuitableforthethreeparties’usersandpatients.Workingtogether,thethreepartiesshallstrivetocreateacomprehensivemedicalecosystem.”

ZhengHe’sCEO,Mr.LawSiuWah,Eddie,said,“We
arevery
excitedto
cooperatewith
PingAn
GoodDoctorandUMP.
ZhengHe’s
visionis
tobecometheultimateandmost
crucialservicelinkbetweenpatientsand
highqualitymedicalserviceprovidersin
themarket.ZhengHe
isastrategicshareholderofPingAnGoodDoctor,aswellasofUMP,andwillcontinuetoseekoutinnovatorsindifferentfieldstocreateanecosystemtogether.Inthisway,wecanworktogetherwithcustomersandpatientstofindoutthemedicalsolutionsthatbestsuittheirneeds.WewillworkcloselywithPingAnGoodDoctorandUMPtorealizethisvision.Welookforwardtocontributingourexpertise,capitalandinsightstootherpartnersinthemarket.”

About Ping An Good Doctor (1833.HK)

PingAnGoodDoctoristhe
leadingone-stophealthcareecosystemplatformin
China.By
combining“mobilehealth+AItechnology”,theCompanystrivestoprovideeveryfamilywithafamilydoctor,everypersonwithane-health
profileandeveryonewithahealthcare
managementplan.PingAnGoodDoctorhasestablishedacomprehensive,one-stophealthcareecosystemcoveringfamilydoctorservices,consumerhealthcareservices,ahealthmallaswellashealthmanagement
andwellnessinteraction.

Asoftheend
ofJune
2018,therewere228
millionregisteredusersand
theCompany’sMAUreached48.6million.PingAn
GoodDoctoristodaythelargestmobilemedicalapplicationin
Chinain
termsof
userscale.PingAn
GoodDoctoremploysmore
thanathousandmedicalpersonnel(AssistantSupervisorLevelorabovefromClassIIIGradeAHospitals)
initsin-housemedicalteamandcontractswith4,650renownedexternaldoctors.Thisin-housemedicalteam,empoweredbyourproprietaryAItechnology,providesuserswith24x7onlineconsultationservices.Initsofflinepartnershipnetwork,PingAnGoodDoctorcollaborateswithapproximately3,100hospitals(includingmorethan1,200ClassIIIGradeAhospitals)
toprovideservicessuchas
hospitalreferral,appointmentand
inpatientarrangements.PingAn
GoodDoctoralsopartnerswithmore
than2,000healthcareinstitutions,includingphysicalexaminationcenters,dentalclinics,cosmeticsurgeryinstitutionsand
morethan10,000pharmacyoutlets,to
providerelevanthealthand
wellnessservicestoour
users.By
integratingits
AI-empoweredmedicalteam,externaldoctorsand
offlinenetwork,PingAn
GoodDoctorhasestablisheda
closed-loophealthcareecosystemwhichenablesitsuserstoenjoyonlineconsultationsandonlinedrugpurchases,aswellasonlineconsultationsandofflinefollow-uptreatment,therebyprovidingconvenient,high-qualityandefficientfamilydoctorservices.

InApril2015,the
App“PingAnGood
Doctor”was
officiallylaunched.InMay
2016,PingAnGoodDoctorcompletedanAroundfinancingandraisedUS$500million.InDecember2017,PingAnGoodDoctorcompletedthepre-IPOfinancingfromSoftbankVisionFund,duringwhichitraisedUS$400million.On4May2018,PingAnGoodDoctorbecametheNo.1listedinternet
health-techcompanyintheworldwhenitjoinedtheHongKongStockExchange,stockcode01833.HK.PingAnGoodDoctor’sIPOcornerstoneinvestorsincludeBlackrock,CapitalGroup,GIC,CanadaPensionPlanInvestmentBoard,KhazanahNasionalBerhad,SwissReandCPGroup.

About UMP (722.HK)

UMPisapeople-centrichealthcareservicesprovider.UMPwasfoundedin1990byagroupofmulti-disciplinaryphysiciansandhealthcareprofessionalswhowerefilledwithenthusiasmandasenseofmissiontoprovideprofessionalhealthcareservices.

UMPprovidescustomizedhealthcaresolutionstoover3,000corporations,institutionsand
insurancecompaniesacrossHongKong,Macauandthe
GreaterChinaregion.Equippedwithover28yearsofprofessionalexperience,UMP
offersacomprehensiverangeofhealthcareservicesthroughanetworkofmorethan600self-operatedandaffiliatedmedicalcentresandclinicslocatedacrossHongKong,Macau,Zhuhai,Beijing,Shanghai,GuangzhouandShenzhen.UMPadministersover10,000healthmanagementplans,serving1.5millionpatientvisitsannually.

UMPisalsoquicklyexpandingits
clinicnetworkacrossChinathroughacombinationofowned,managedandinvestedprimarycareclinics.UMPisbenefitingfromvariousGreaterBayAreagovernmentpoliciesandisexportingitsgeneralpracticedoctortraining
programmes to family doctors in community health centers in China, thereby
empowering thesefamilydoctorstoenhancetheirqualityofservices,withtheaimofservingUMP’sgrowingcorporatemembersanditscommercialhealthinsurancepartners.

About Zheng He

Oneoftheinvestmentprioritiesof
ZhengHe
isthe
futuretechnologyofthe
medicaland
healthcareecosystem,whichprovidesqualitymedicalservicesto
patientsin
collaborationwith
differentinnovatorsinthe
market.ZhengHehas
extensiveexperiencesinthe
medicalservicesindustry,avastnetworkhomeandabroad,includingrenownedoverseasmedicalschoolsandHongKongandinternationalmedicaladvisoryorganizations.