PA GOODDOCTOR (01833) announces its performance for the year 2025, with the net profit attributable to the owners of the parent company at approximately 380 million yuan, representing a year-on-year growth of 3.66 times.

PA GOODDOCTOR (01833) announced its performance for 2025, achieving a total revenue of RMB 5.468 billion, a year-on-year increase of 13.7%. The gross profit is approximately RMB 1.772 billion, an increase of 16.3% year-on-year; the net profit attributable to the owners of the parent company is approximately RMB 380 million, a 3.66-fold year-on-year increase; the adjusted net profit is RMB 414 million, a 161.3% year-on-year increase. During the reporting period, the company had nearly 35 million paying users, a year-on-year increase of 11.4%. Specifically, the company's commercial insurance synergy business revenue was RMB 3.2956 billion, an increase of 11.0% year-on-year, and the enterprise health management business revenue was RMB 1.306 billion, an increase of 40.6% year-on-year; the revenue structure continued to improve, with the proportion of enterprise health management business revenue reaching 23.9%, an increase of 4.6 percentage points year-on-year. The commercial insurance synergy business continued to deepen, highlighting the ecological value. The company has always believed that true health care goes beyond compensation when illness occurs, but also involves daily care and foresight. The company continues to deepen collaboration with Ping An Group's comprehensive financial services, providing Ping An Group's individual customers with online/offline, 24/7, proactive medical and elderly care services, helping Ping An Group acquire and retain customers and increase customer value. During the reporting period, the conversion rate of Ping An life insurance customers using the company's medical and health services increased by over 15%, and the ecological synergy effect was fully unleashed. The performance of the enterprise health management business is remarkable, with service scale expanding. The company's employee health management personalized services aim to provide professional, comprehensive, high-quality, one-stop enterprise health management solutions for corporate customers, acting as the health "guardian" for enterprises and employees. The company collaborates with Ping An Group to create "commercial insurance + health protection commission + medical health service" product system, establish compliance service directory, provide full-scene customized services for enterprises and employees, and promote Wuxi Online Offline Communication Information Technology Co., Ltd. operation transformation, enhancing experience through precision services and dedicated teams. During the reporting period, the enterprise health management business achieved revenue of RMB 1.306 billion, an increase of 40.6% year-on-year. Upgrading the "four-to" closed-loop, improving the full-domain service layout. "To Line" services strengthen the traffic foundation and create digital service entrance. As the traffic entrance, user reservoir, and core service output point of the Ping An medical and elderly care ecosystem, the company builds a full-scene, multi-touchpoint integrated closed-loop, iterates multi-level family doctor services, and covers 100% of Ping An Group's individual customers with "AI + human doctor" services, providing proactive health management throughout the entire cycle for Ping An Group's financial customers and corporate employees. During the reporting period, nearly 12 million people used the AI doctor service, continuously strengthening the foundation of the ecosystem flow and digital service entrance. "To Hospital" services expand the offline network and connect the medical service chain. During the reporting period, the company continuously expanded its offline service network, with over 5,100 cooperative hospitals, over 240,000 cooperative pharmacies, and over 4,400 cooperative medical examination suppliers, establishing a hierarchical and comprehensive medical service system. At the same time, the company launched the exhibition code one-click payment service for scenarios such as enterprise health management offline drug purchase, connecting the diagnosis and treatment, drug purchase, and payment in the full chain, achieving seamless connection with Wuxi Online Offline Communication Information Technology Co., Ltd., and will cover more offline scenarios and service networks in the future. "To Home" services focus on the needs of the elderly, strengthening the home care defense line. Focusing on the core needs of the elderly for home care, the company focuses on medical, safety, and care scenarios, creating the new "someone cares when sick, someone helps for safety, someone protects for enjoyment" three major service plans to build a solid home care guarantee with high-quality services in all scenarios. By the end of the reporting period, home care services had covered 100 cities nationwide, interpreting the warm connotation of "being cared for and safe in old age" with real companionship and guardianship. "To Enterprise" services deepen ecological synergy and empower corporate health management. Leveraging internal service network, operational efficiency, and data information advantages, the company gradually radiates outward, targeting a broader market of corporate customers and other external markets, providing health management capabilities and opening up diverse growth paths. During the reporting period, the company collaborated deeply with Ping An Group to create integrated solutions, customized health lectures and health assessments for enterprises, helping to build a high-quality health workplace, creating benchmarks for multiple corporate medical rooms. During the reporting period, the number of paid corporate customers served exceeded 6,700, an 83.1% increase from 2024, highlighting the core competitiveness and strong growth potential of corporate health management.