香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容 而引致的任何損失承擔任何責任。 Redco Healthy Living Company Limited 力高健康生活有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2370） 有關更改所得款項用途之補充公告 茲提述(i)力高健康生活有限公司（「本公司」）日期為二零二二年三月二十二日的招 股章程（「招股章程」），內容有關（其中包括）發行本公司新股份之所得款項（「所得款 項淨額」）計劃用途；(ii)本公司二零二二年中報、二零二二年年報、二零二三年中 報、二零二三年年報、二零二四年中報及二零二四年年報中所披露所得款項淨額之 用途；及(iii)本公司日期為二零二五年六月二十六日之公告（「該公告」）。除另有界 定者外，本公告所用詞彙與招股章程及該公告所界定者具有相同涵義。 董事會謹此補充下列有關該公告所載更改所得款項用途之資料。 與招股章程中的業務計劃一致 該公告所載的更改所得款項用途與招股章程所載的本公司業務計劃、策略及方向一 致，因 ...

Core Viewpoint - The article discusses the advancements and future plans of China's medical insurance system during the "14th Five-Year Plan" and the upcoming "15th Five-Year Plan," emphasizing the need for equitable access, improved quality, and efficiency in healthcare services [3][4]. Group 1: Achievements During the "14th Five-Year Plan" - The basic medical insurance coverage rate remained stable at around 95%, with nearly 200 billion medical reimbursements enjoyed by the public over four years [5][6]. - The per capita government subsidy for residents' insurance increased from 490 yuan in 2018 to 670 yuan in 2024, with rural low-income and poverty alleviation populations maintaining a coverage rate above 99% [5][6]. - By 2024, the number of insured individuals reached 1.327 billion, with medical assistance benefiting approximately 80 million people annually [5][6]. - The total expenditure of the medical insurance fund reached 12.13 trillion yuan during this period, with an average annual growth rate of 9.1% [11]. Group 2: Innovations and Reforms - The "14th Five-Year Plan" saw significant reforms in medical insurance, including the introduction of a multi-tiered medical security system and the establishment of a dynamic adjustment mechanism for the medical insurance drug list [8][9]. - The number of drugs added to the insurance list reached 402 since the beginning of the "14th Five-Year Plan," with 2.8 billion reimbursements for negotiated drugs in 2024 [9][11]. - The implementation of a long-term care insurance system has expanded, with over 8,800 designated service institutions and 300,000 care service personnel, marking a growth of over 50% since the start of the "14th Five-Year Plan" [13]. Group 3: Future Directions for the "15th Five-Year Plan" - The upcoming "15th Five-Year Plan" aims to enhance the medical insurance system to support common prosperity and adapt to high-quality development needs, balancing fairness and efficiency [3][5]. - The focus will be on expanding coverage for flexible employment workers, addressing gaps in the current insurance system [6][7]. - The integration of new technologies and digitalization will be emphasized to improve the efficiency and accessibility of healthcare services [6][12].

Group 1 - The core viewpoint emphasizes the dual role of medical insurance in promoting common prosperity and providing institutional support for the development of new productive forces during the "15th Five-Year Plan" period [1][9] - The national medical insurance coverage reached 1.327 billion people, with a stable basic medical insurance participation rate of around 95% during the "14th Five-Year Plan" period, benefiting nearly 20 billion medical reimbursements [2][9] - The government aims to balance fairness and efficiency in medical insurance development, adapting to high-quality development needs through institutional innovation [1][2] Group 2 - The per capita financial subsidy for residents' insurance contributions increased from 490 yuan in 2018 to 670 yuan in 2024, with rural low-income and poverty alleviation populations maintaining a participation rate of over 99% [2] - The total medical insurance expenditure reached 12.13 trillion yuan during the "14th Five-Year Plan," with an average annual growth rate of 9.1% [9] - The medical insurance fund's expenditure on newly negotiated drugs increased significantly, with 2024 spending being 3.9 times that of 2020, reflecting a 40% annual growth rate [9] Group 3 - The number of designated medical institutions for medical insurance is expected to reach 1.1 million by June 2025, with cross-provincial direct settlement for outpatient chronic diseases expanding to 10 types [3] - Approximately 200 million urban employees are still not covered by basic medical insurance, highlighting a gap in coverage for flexible employment [3][4] - Local medical insurance bureaus are exploring pathways for new employment forms to participate in basic medical insurance, with various strategies being implemented [4] Group 4 - The medical insurance fund's total expenses for employees and residents are projected to grow at a slower rate, with 2024 medical expenses for employee insurance at approximately 2.06 trillion yuan, a 3.6% increase from the previous year [7] - The implementation of a multi-tiered payment system for major diseases is necessary to reduce the high personal payment ratio, which can lead to financial hardship for families [8] - The focus on long-term care insurance is expected to stabilize funding for related industries, with over 50% growth in service institutions and personnel during the "14th Five-Year Plan" [11]

Core Viewpoint - The State Council of China has issued an opinion to strengthen care services for severely disabled individuals, emphasizing the role of long-term care insurance as a foundational support mechanism [1] Group 1: Long-term Care Insurance - The opinion encourages the inclusion of eligible severely disabled individuals into the long-term care insurance coverage as per regulations [1] - Local governments are urged to utilize designated long-term care insurance service institutions to provide care services for severely disabled individuals [1] - The government will provide classified subsidies for the personal contributions of low-income severely disabled individuals participating in long-term care insurance [1] Group 2: Service Institutions - The opinion promotes the recognition of care service institutions for eligible disabled individuals as designated service institutions under long-term care insurance [1] - There is a focus on exploring the inclusion of intelligent services and supportive devices related to long-term care into the payment scope of long-term care insurance [1]

Core Insights - The training program for long-term care insurance (LTCI) caregivers in Wenshang County, Jining City, aims to enhance the quality and efficiency of nursing services through comprehensive skill development and policy understanding [1][3][7] Group 1: Training Program Details - The training was organized by the Wenshang County Medical Insurance Bureau in collaboration with China Life Property & Casualty Insurance, focusing on policy interpretation, practical skills, and service philosophy [1][3] - Key training components included detailed explanations of LTCI policy specifics, practical nursing skills for disabled individuals, and communication techniques centered on patient needs [3][5] - The training utilized a small-class format to ensure personalized instruction and maintain continuity of care for disabled individuals [5][7] Group 2: Implementation and Future Plans - The Wenshang County Medical Insurance Bureau has initiated the establishment of a lecturer pool to support ongoing training and professional development for caregivers [3][7] - Future plans include regular training sessions leveraging the lecturer pool, with a focus on enhancing service quality and increasing public satisfaction with LTCI services [7]

Core Insights - The article highlights the ongoing developments in the insurance and financial sectors, focusing on regulatory updates, company activities, and industry trends. Regulatory Dynamics - The Financial Regulatory Bureau is studying ways to expand health insurance coverage and improve service levels [7] - The People's Bank of China has maintained the 1-year and 5-year Loan Prime Rates (LPR) at 3.0% and 3.5% respectively [8] - By the end of 2024, the number of participants in basic pension insurance in China is expected to reach 1.07 billion [9] - As of June 2024, the total number of participants in basic pension insurance was 1.071 billion, with a cumulative surplus of social insurance funds amounting to 9.83 trillion [9] - The number of individuals holding social security cards in China has reached 1.39 billion, covering 98.9% of the population [10] - The Ministry of Human Resources and Social Security is promoting the expansion of basic pension fund investments [11][12] - The Medical Insurance Bureau aims to maintain a basic medical insurance coverage rate of around 95% during the 14th Five-Year Plan period [13] Company Dynamics - Zhongyou Insurance has acquired a stake in Green Power Environmental H-shares, marking over 21 instances of insurance capital acquisitions this year [22] - China Ping An increased its stake in China Telecom by approximately 125,320 shares [23] - Swiss Life increased its holdings in China Shenhua by 1 million shares [24] - China Life Insurance reported a net purchase of over 90 billion in public market equity investments in the first half of 2025 [32] - China Taiping's total premium income for the first half of 2025 reached 155.67 billion, a year-on-year increase of 2.6% [31] - China Insurance has made a strategic investment of 5 billion in State Grid New Source [27] Industry Dynamics - Major insurance companies, including China Life, Ping An, and Taikang, have announced reductions in the maximum preset interest rates for insurance products [46] - Three listed insurance companies reported a combined premium income of nearly 420 billion in the first half of the year, with the bancassurance channel contributing significantly [48] - Approximately 20% of over 1,380 participating dividend insurance products achieved a dividend realization rate of 100% or more [49] - The premium income from new energy commercial vehicle insurance exceeded 66 billion, reflecting a year-on-year growth of over 40% [50] - The number of insurance companies listed in the 2025 Fortune China 500 list reached 10, with China Life ranking 12th [52] - Southbound capital inflows have reached nearly 800 billion Hong Kong dollars this year, with insurance capital being a major contributor [54] - The average annual compound growth rate of health insurance premiums in China has reached 20% over the past decade [55]

Core Viewpoint - The long-term care insurance system in China is gradually showing its comprehensive effects, with over 100 billion yuan in funds raised and more than 85 billion yuan spent, aimed at alleviating the daily care costs for elderly individuals and those with disabilities [1][2]. Group 1: System Development - The long-term care insurance system has established a basic framework through pilot programs in 49 cities, creating a funding mechanism and improving benefit guarantees [2]. - The policy framework has been strengthened with the issuance of 15 new documents related to disability assessment and service management [2]. Group 2: Social Impact - The long-term care insurance has significantly reduced the financial burden on families of disabled individuals, covering approximately 70% of care service costs and benefiting over 2 million disabled individuals during the 14th Five-Year Plan [2]. - The program has alleviated care service costs by over 50 billion yuan, enhancing public satisfaction [2]. Group 3: Economic Contribution - The long-term care insurance system has stimulated investment in related industries, with over 50 billion yuan in social capital attracted and more than 8,800 designated service institutions established [3]. - The number of care service personnel has increased by over 50% to 300,000, contributing to the growth of the silver economy [3].

Core Viewpoint - The article emphasizes the importance of long-term care insurance (LTCI) in addressing the needs of disabled elderly individuals, showcasing how it alleviates family burdens and enhances the quality of life for the elderly [3][4][9]. Group 1: Long-term Care Insurance Overview - LTCI in Yantai provides a comprehensive support network for disabled individuals and their families, significantly reducing the caregiving burden on families [3][4]. - The insurance covers various services, including medical care, nursing homes, and home care, with reimbursement rates reaching 6,000 to 7,000 yuan, which is substantial for many families [5][6]. Group 2: Service Implementation and Impact - The Yantai branch of China Life Insurance has developed a digital management system that ensures a closed-loop service process from enrollment to service delivery and quality supervision [5][10]. - In 2024, the LTCI program served 1,807 individuals, with total compensation amounting to 24.3971 million yuan, reflecting the program's positive impact on families [5][6]. Group 3: Funding and Accessibility - The funding for LTCI is sourced from various channels, including employee medical insurance, personal contributions, and government subsidies, ensuring affordability for participants [8]. - The program aims to cover all needy individuals, with special provisions for low-income and disabled populations, ensuring that no one is left behind due to financial constraints [8][9]. Group 4: Service Quality and Innovation - The Yantai LTCI program has established a collaborative service model with other insurance providers, ensuring consistent service quality across different regions [6][10]. - The introduction of personalized care plans and equipment rental services is being planned to further enhance service delivery and reduce costs for families [10].

Core Insights - The National Healthcare Security Administration (NHSA) released the "2024 National Medical Security Development Statistical Bulletin," highlighting key figures related to health insurance enrollment and fund operations [1][2]. Group 1: Health Insurance Enrollment and Fund Operations - As of the end of 2024, the total number of basic medical insurance participants reached 1.32662 billion, maintaining a coverage rate of 95% [2]. - The total revenue for the basic medical insurance fund (including maternity insurance) in 2024 was CNY 34,913.37 billion, while total expenditures reached CNY 29,764.03 billion, resulting in a cumulative fund balance of CNY 38,628.52 billion [2]. - The employee medical insurance fund (including maternity insurance) reported a revenue of CNY 23,732.47 billion in 2024, a 3.5% increase from the previous year, with expenditures of CNY 19,102.54 billion, marking a 7.6% increase [2]. Group 2: Medical Treatment and Benefits - In 2024, the number of treatment beneficiaries under employee medical insurance was 5.308 billion, reflecting a 9.9% increase year-on-year [3]. - The total medical expenses for employee medical insurance participants reached CNY 20,587.46 billion, which is a 3.6% increase compared to the previous year [3]. Group 3: Long-term Care and Cross-Region Medical Services - By 2024, 49 pilot cities had a total of 18,786.34 million participants in long-term care insurance, with the number of beneficiaries rising from 835,000 in 2020 to 1,462,500 in 2024 [5]. - The number of cross-region medical service visits reached 397 million in 2024, with associated costs amounting to CNY 7,867.74 billion [5]. Group 4: Drug Procurement and Insurance Directory Adjustments - The NHSA has conducted ten rounds of national drug procurement, covering 435 types of drugs, with the eleventh round focusing on established drugs with strict quality requirements [6][7]. - Since its establishment in 2018, the NHSA has dynamically adjusted the medical insurance drug directory for seven consecutive years, adding a total of 835 drugs, with 91 new drugs included in 2024 [8][9].

Core Insights - The National Healthcare Security Administration released the "2024 National Medical Security Development Statistical Bulletin," highlighting key data on healthcare insurance in China [1] Group 1: Healthcare Insurance Participation and Financials - As of the end of 2024, the number of participants in the basic medical insurance scheme reached 1.32662 billion, maintaining a coverage rate of 95% [2] - Total revenue for the basic medical insurance fund (including maternity insurance) was 3.491337 trillion yuan, while total expenditures were 2.976403 trillion yuan, resulting in a surplus of 463.917 billion yuan for the year [2] Group 2: Employee Insurance and Maternity Benefits - The number of participants in employee medical insurance reached 379.4834 million, an increase of 8.537 million or 2.3% from the previous year, with over 104.575 million retirees covered [5] - The number of individuals enjoying maternity insurance benefits increased by 3.9638 million, a growth of 1.6%, with 36.908 million instances of benefits claimed, marking a 30.2% increase [6] Group 3: Fraud Prevention and Recovery - The healthcare system recovered 27.5 billion yuan in fraud cases, with 2,008 institutions confirmed for fraud, and 10,741 suspects arrested [8] Group 4: Drug Inclusion and Procurement - A total of 3,159 drugs are included in the 2024 National Basic Medical Insurance Drug List, with 91 new drugs added this year [9][10] - Since the establishment of the National Healthcare Security Administration in 2018, 835 drugs have been added to the insurance list, with 2.8 billion instances of drug reimbursement in 2024 [10] Group 5: Long-term Care Insurance - Participation in long-term care insurance reached 187.8634 million in 49 pilot cities, with the number of beneficiaries increasing from 835,000 in 2020 to 1.4625 million in 2024 [11] Group 6: Cross-Region Medical Services - In 2024, there were 397 million instances of cross-region medical services, with total costs amounting to 786.774 billion yuan [13]