股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 本月底法定/註冊股本總額： USD 50,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01833 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 2,161,443,720 | | 0 | | 2,161,443,720 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 2,161,443,720 | | 0 | | 2,161,443,720 | 公司名稱: ...

Group 1 - Morgan Stanley released a deep report on Ping An, highlighting its potential to seize key growth opportunities in wealth management, healthcare, and elderly care [3] - Ping An Good Doctor is identified as a crucial anchor in this "value reassessment," strategically positioned within Ping An's healthcare services and integrated financial business [3] - The report draws parallels with the HMO (Health Maintenance Organization) model validated by UnitedHealth Group over half a century, suggesting that Ping An Good Doctor is not merely replicating this model but is reconstructing it to fit the Chinese market [3] Group 2 - The core logic of both models revolves around "deep binding of payment and service," shifting from "post-service reimbursement" to "full-cycle health management" [3] - Ping An Good Doctor leverages Ping An Group's strategy of "integrated finance + healthcare and elderly care," creating a service network that addresses issues like uneven medical resource distribution and accelerated aging [3]

Group 1 - The article highlights the urgent need for innovative solutions in elderly care due to the increasing number of empty-nest families and the aging population in China, with over 1.3 billion empty-nest households reported [2][3] - The traditional family structure is changing, with approximately 90% of elderly individuals preferring to age at home, while nearly 60% of them are empty-nesters, creating a gap in care and support [2][3] - The use of technology, such as smart monitoring systems, is presented as a potential solution to provide safety and support for elderly individuals living alone [2][3] Group 2 - The article describes a case where a smart monitoring system successfully alerted family members about an elderly man's fall, demonstrating the effectiveness of rapid response technology in emergency situations [3][4] - The system's response time was recorded at 59 seconds from the moment of alert to emergency services being dispatched, showcasing the efficiency of the technology [4] - The article emphasizes the importance of timely medical intervention, particularly in cases of stroke, where every minute counts in reducing mortality and disability rates [4] Group 3 - Following the emergency, the article discusses the ongoing support provided by the smart monitoring system, which includes professional caregiving services tailored to the elderly man's recovery needs [5][6] - The technology not only addresses immediate health concerns but also contributes to the emotional well-being of elderly individuals by providing companionship and support during recovery [6][7] - The article illustrates how the integration of technology in elderly care can enhance the quality of life for seniors, allowing them to maintain independence while ensuring safety [7][8] Group 4 - The article outlines the comprehensive approach of the company in addressing the challenges of elderly care through its "three provinces" initiative, which aims to provide peace of mind, save time, and reduce costs for families [7][8] - The smart monitoring system is described as a composite solution that combines AI technology, service coordination, and medical expertise to create a seamless care experience [8][9] - The article concludes by emphasizing the need for sustainable and scalable solutions in elderly care, highlighting the role of technology in efficiently organizing resources and delivering services [9]

Core Viewpoint - China Ping An's stock price surged to a five-year high, positively impacting the Hong Kong market, particularly Ping An Good Doctor (1833.HK), which saw a significant increase of 9%, reaching its highest level since October 2025 [1] Group 1: Company Performance - Ping An Good Doctor is a key player in the "value re-evaluation" process, benefiting from its strategic position within the Ping An ecosystem, particularly in health and elderly care services [1] - The stock price increase of Ping An Good Doctor reflects a broader trend in the internet healthcare sector, indicating strong investor confidence [1] Group 2: Analyst Insights - Morgan Stanley's report from December 2025 highlighted Ping An's potential to capitalize on growth opportunities in personal finance, healthcare, and elderly care, raising its target price to 89 HKD [1] - Analysts suggest that Ping An Good Doctor is positioned to experience a "Davis Double Play" in terms of performance and valuation, particularly within the context of China's aging economy narrative [1]

Group 1 - The core point of the article is that Ping An Good Doctor (01833.HK) experienced a significant intraday increase, rising nearly 9% at one point and closing with a gain of 7.41% at HKD 15.66 [1] - The trading volume for Ping An Good Doctor reached HKD 267 million [1]

Group 1 - Ping An Good Doctor (01833) saw a nearly 9% intraday increase, currently up 7.41% at HKD 15.66, with a trading volume of HKD 267 million [1] - Morgan Stanley's recent report on Ping An highlights the company's potential to capitalize on key growth opportunities in wealth management, healthcare, and elderly care [1] - Ping An Good Doctor is identified as a crucial anchor in this "value reassessment," leveraging its strategic position within Ping An's healthcare services to create a differentiated advantage [1] Group 2 - The report draws parallels with the HMO (Health Maintenance Organization) model validated by UnitedHealth Group over the past fifty years, suggesting that Ping An Good Doctor's adaptation is not a mere replication but a tailored version for the Chinese market [1] - The core logic of both models is similar, focusing on "deep integration of payment and services," shifting from "post-service reimbursement" to "full-cycle health management" [1] - Ping An Good Doctor's strategy, supported by Ping An Group's comprehensive financial and healthcare services, aims to address issues such as uneven medical resource distribution and accelerated aging through a "four-point service network" [1]

Core Viewpoint - Ping An Good Doctor (01833) has seen a significant increase in stock price, rising nearly 9% during trading, with a current price of HKD 15.66 and a trading volume of HKD 267 million. This surge is attributed to a Morgan Stanley report highlighting growth opportunities in wealth management, healthcare, and elderly care sectors for Ping An [1]. Group 1: Company Insights - Morgan Stanley's report emphasizes that Ping An can capitalize on key growth opportunities in wealth management, healthcare, and elderly care [1]. - Ping An Good Doctor is identified as a crucial anchor in the "value re-evaluation" process, strategically positioned within Ping An's healthcare services framework [1]. - The company aims to create a Chinese version of the Health Maintenance Organization (HMO) model, leveraging synergies with its comprehensive financial services [1]. Group 2: Market Strategy - The HMO model, validated by UnitedHealth Group over half a century, serves as a reference for Ping An Good Doctor, which is not merely replicating but adapting it to the Chinese market [1]. - The core logic of both models focuses on "deep integration of payment and services," shifting from "post-service reimbursement" to "full-cycle health management" [1]. - Ping An Good Doctor's strategy includes a tailored service network that addresses issues such as uneven medical resource distribution and accelerated aging, featuring a "four-point service network" that includes services at lines, hospitals, enterprises, and homes [1].

Core Viewpoint - China Ping An's stock price surged to a five-year high, positively impacting Ping An Good Doctor's stock, which rose by 9% during trading, reaching a new high since October 2025 [1] Group 1: Company Performance - Ping An Good Doctor led the internet healthcare sector with significant stock price growth, reflecting strong market interest and investor confidence [1] - Morgan Stanley's report in December 2025 highlighted Ping An's potential to capitalize on key growth opportunities in wealth management, healthcare, and elderly care, raising its target price to HKD 89 [1] Group 2: Strategic Positioning - Ping An Good Doctor is positioned as a strategic component within Ping An's healthcare services, aiming to create a differentiated advantage through synergy with comprehensive financial services [1] - The company is seen as a critical anchor in the "value re-evaluation" process, contributing to the overall growth narrative in China's aging economy [1]

Core Insights - The sharing economy is an innovative economic model that enhances resource utilization efficiency, promotes economic development, and creates job opportunities [1][14] - In the transportation sector, models like bike-sharing and car-sharing have gained widespread adoption, alleviating urban traffic congestion and environmental pollution [1][14] - The market size of China's sharing economy is projected to reach 4.46 trillion yuan in 2024, with a year-on-year growth of 9.05% [1][14] - By 2025, the market size is expected to grow to 4.8 trillion yuan, driven by diverse consumer demands and the application of big data and artificial intelligence [1][14] Sharing Economy Overview - The sharing economy utilizes modern information technology to share usage rights, integrating vast and decentralized resources to meet diverse needs [2][8] - It represents a new economic form emerging from the information revolution, emphasizing sustainable development and optimal resource allocation [2][8] Development Environment - China's large population and expanding internet user base provide a robust market for the sharing economy, with the number of internet users growing from 688 million in 2015 to 1.108 billion in 2024 [7] - The internet penetration rate increased from 50.3% to 78.6% during the same period, supporting the innovation and market deepening of sharing economy models [7] Industry Evolution - The sharing economy began with the commercialization of the internet in 1993, evolving through various stages, including the rise of knowledge-sharing platforms and the impact of the 2008 financial crisis [8][9] - The period from 2013 to 2015 marked a golden age for the sharing economy in China, with increasing consumer acceptance and capital market interest [8][9] Industry Chain - The sharing economy industry chain consists of three main components: supply side, platform side, and client side [9][10] - The supply side focuses on renting usage rights and providing services, while the platform side integrates demand from providers and consumers to optimize resource allocation [9][10] Market Segmentation - The sharing economy includes various sectors such as transportation, healthcare, accommodation, and knowledge sharing, each with distinct market dynamics and growth potential [19][20] - The transportation sector is dominated by platforms like Didi and Hello Chuxing, while accommodation services are led by Meituan and Tujia [20] Future Trends - The market landscape of the sharing economy is expected to evolve, with competition shifting from scale and traffic to user lifecycle value and service ecosystem construction [23] - Compliance capabilities will become a core competitive advantage, with platforms integrating data security and consumer protection into their operations [24] - Governance models will transition from external regulation to platform autonomy and collaborative governance, leveraging technology for better risk management [26]

（於開曼群島註冊成立的有限公司） （股份代號：1833） 各位非登記股東： 有關以電子方式發佈公司通訊安排的提示信函 以電子方式發佈公司通訊之安排 根據自 2023 年 12 月 31 日起生效的擴大無紙化上市制度及以電子方式發佈公司通訊規定下香港聯合交易所有限公司（「聯交 所」）證券上市規則（「上市規則」）第 2.07A 條，平安健康醫療科技有限公司（「公司」）謹此通知 閣下，公司已採用以 電子方式發佈公司通訊（「公司通訊」）之安排，公司通訊是指公司已發出或將予發出以供其任何證券的持有人參照或採取行 動的任何文件，包括但不限於(a) 董事會報告、年度賬目以及核數師報告副本以及（如適用）財務摘要報告； (b) 中期報告及 （如適用）其中期摘要報告； (c) 會議通告； (d) 上市文件； (e) 通函和 (f) 代表委任表格。 請注意，所有未來公司通訊的英文版和中文版將在公司網站 www.pagd.net 和披露易網站 www.hkexnews.hk 上提供，以代替印刷 本。 有意接收公司通訊通知的股東可於聯交所網站(www.hkexnews.hk)免費訂閱「訊息提示」服務。 作為非登記股東，如有意根據上市規 ...