Ping An Health: Li Dou as Chairman and CEO of the Board of Directors, Fang Weihao resigns

On October 18th, Ping An Health announced that due to personal work arrangements, Fang Weihao resigned from his position as Chairman, Executive Director, and CEO of Ping An Health's Board of Directors and will move to other positions in Ping An Group to start new important work. After careful consideration and research, the board of directors of the company has unanimously agreed to appoint Li Dou as the chairman, executive director, and CEO of Ping An Health, effective from the date of this announcement

On October 18th, Ping An Health announced that due to personal work arrangements, Fang Weihao resigned from his position as Chairman, Executive Director, and CEO of Ping An Health's Board of Directors and will move to other positions in Ping An Group to start new important work. After careful consideration and research, the board of directors of the company has unanimously agreed to appoint Li Dou as the chairman, executive director, and CEO of Ping An Health, effective from the date of this announcement.

Fang Weihao joined Ping An Health in 2020 as the Chairman of the Board, Executive Director, and CEO. The board of directors of Ping An Health stated that in the past three years, Fang Weihao has made important contributions to the company's strategic transformation, upgrading, and steady development, laying a solid foundation for the construction and deepening implementation of the company's managed medical strategy 2.0. The board of directors expresses sincere gratitude to Mr. Weihao for his contributions. During his tenure at Ping An Health, Fang Weihao focused on the construction of the "medical and health ecosystem", actively creating a unique business model of "managed healthcare+family doctor membership+O2O medical and health services" for our company, and building a high-quality service performance system of "online, store, and home". He led the company to become a leading medical and health service platform and entrance in China. As of June 30, 2023, the Ping An Health App has over 400 million registered users, covering approximately 50000 internal and external doctors and experts in 22 departments. It has established 23 specialized disease centers around 8 specialties to provide consultation or diagnosis and treatment services to users, meeting their full range and multi-level medical and health service needs. At the same time, Ping An Health has served a total of 1198 corporate clients, creating a leading "easy enterprise health" health management solution for employees in China, and helping enterprises build a happy workplace.

The board of directors of Ping An Health unanimously agreed to appoint Li Dou as the chairman, executive director, and CEO of the board of directors of Ping An Health. According to the announcement, Li Dou served as the Special Assistant to the Chairman of China Ping An Life Insurance Co., Ltd. and the General Manager of the Home-based Elderly Care Business Unit. Since August 2023, he has joined Ping An Health and served as a non-executive director of the company. Previously, Li Dou served as Vice President of Sales and General Manager of Demand in China for Mars Arrow Candy (China) Co., Ltd.

The board of directors of Ping An Health stated that Li Dou has held senior management positions in various fields such as medicine, fast-moving consumer goods, insurance, and elderly care. He has profound insights and rich experience in understanding consumer needs and deploying back-end product research and development, supply channel construction, and digital operations based on this. Li Dou not only has a rich professional resume and business experience, but also has strong strategic insight and execution ability, broad vision, and a determination to innovate. During his tenure at Ping An Life Insurance, he has achieved remarkable results in empowering Ping An Life's "health+" business model. Li Dou led Ping An Life's home based elderly care team from scratch, completing the establishment of a new product line and service system, and integrating it with insurance to form a new sales system. In the past year, we have continuously explored the construction of service barriers, pursued long-term operation, and achieved significant business results by creating a three-in-one, 24-hour accompanying elderly care butler, a one-stop supply of 10 major scene services, and an intelligent supervision system.

Ping An Health stated that its current strategic positioning is firmly established, its development path is clear, its business management is constantly upgraded, and its finances are stable. I believe that under the leadership of the new management, the company will further achieve healthy and high-quality business development. (One Orange)