Ping An Health (Screening) Center Files IPO Prospectus Amid National Goal of 80-Year Life Expectancy

On the morning of March 5, the Fourth Session of the 14th National People’s Congress opened in Beijing, with Premier Li Qiang delivering the Government Work Report. The report explicitly stated: accelerate the building of a Healthy China and a leading sports nation, raising the average life expectancy to 80 years; actively respond to population aging by increasing the proportion of nursing beds in elderly care institutions to 73%. These figures outline the state’s deep concern for public well-being and chart the course forward for the healthcare industry.

With the average life expectancy surpassing 80 years, China is on the verge of joining the ranks of countries globally recognized for longevity. This milestone reflects not only an overall improvement in public health standards but also the inevitable requirement for the healthcare service system to transition from a “disease-centered” to a “health-centered” model. How can we ensure that these 80 years are lived with greater quality and dignity? Ping An Health (Check-up) Center has provided its answer through a decade of dedicated expertise.

The increase in average life expectancy largely depends on the early detection and effective intervention of major diseases. Ping An Health (Check-up) Center firmly believes that “early screening, early diagnosis, and early treatment” can fundamentally improve health outcomes.

Unlike conventional “one-size-fits-all” health checkups, our center is equipped with internationally advanced technologies, including 3.0T magnetic resonance imaging (MRI) and 256-slice low-dose spiral computed tomography (CT). By integrating personalized factors such as age, family history, and lifestyle, the center tailors scientific and precise screening plans for each individual, enabling the early detection of many potential lesions at their incipient stages.

However, screening is merely the starting point. Ping An Health (Check-up) Center has established a closed-loop, full-cycle health management system encompassing “screening, diagnosis, management, treatment, and rehabilitation,” extending its services into specialized medical fields. It has successively developed six specialty areas: cardiology and neurology, respiratory medicine, gastroenterology, women’s health, Traditional Chinese Medicine (TCM), and dentistry, and has co-established more than 30 specialty alliances with top-tier institutions such as the Guangzhou Institute of Respiratory Health and the Shanghai Andrology Research Institute. For patients with chronic diseases, the Center creates dynamic health records and provides continuous services ranging from early intervention and chronic disease management to remote home care. For critically ill patients, it facilitates access to nationwide top expert resources through dedicated channels for consultations with renowned specialists at leading hospitals. This service closed loop—ensuring that conditions are “detectable, manageable, and treatable”—enables people to enjoy genuine physical well-being throughout their extended lifespans.

A routine annual physical examination can rewrite a person’s life trajectory.Ms. Y is a firsthand beneficiary of this value. During a health check-up at the Shanghai Ping An Health (Diagnostic) Center, physicians identified a hypoechoic area in the head of her pancreas. Drawing on their extensive clinical experience and professional judgment, they strongly suspected a malignant tumor. Without any hesitation, the Center immediately arranged for a contrast-enhanced CT scan to confirm the diagnosis and swiftly activated its medical referral services within 24 hours, successfully facilitating Ms. Y’s transfer to Fudan University Shanghai Cancer Center. Ms. Y’s family later remarked:“Thanks to the professional and meticulous examinations at the testing center, even pancreatic head cancer, known as the ‘king of cancers,’ was effectively controlled.”In the B2B corporate health checkup program that Ms. Y participated in, such cases were far from isolated: the program served a total of 3,184 individuals, identified 190 significant positive findings, including six cases of early-stage malignant tumors, thereby securing valuable treatment time for numerous clients.

The rise in average life expectancy is inseparable from the health protection provided to the working population. As the backbone of societal operations, the health status of professionals directly impacts the vitality of economic and social development. Leveraging its extensive experience in serving high-end clients through commercial insurance empowerment and its B2B corporate service capabilities, Ping An Health (Check-up) Center has systematically applied these strengths to the broader corporate health market. By gaining deep insights into the high-frequency disease risks and health needs of employees across different industries, it has developed targeted products and services, including early cancer screening packages, specialized chronic disease management, mental health services, and workplace health promotion activities. These offerings are delivered to corporate clients in a modular and customizable manner.

Over the past year, Ping An Health (Testing) Center has leveraged its extensive experience in operating offline physical medical institutions to enhance corporate health management capabilities. By integrating personnel, systems, and equipment resources, the Center has established corporate infirmaries and health management centers for numerous large state-owned and central enterprises, deeply embedding these services into employee welfare systems and making professional medical care an integral part of daily corporate operations. Meanwhile, leveraging its professional medical and nursing teams and collaborating with external experts, the Center has extended its service reach to a broader range of workplace scenarios. It conducted nearly 300 on-site corporate activities throughout the year, employing a diversified approach combining “health education, on-site screening, and interactive experiences” to deliver health services directly to office buildings and workstations, enabling employees to access high-quality healthcare within their familiar work environments.

In December 2025, the Center was successfully selected as one of the first batch of “Pilot Units for High-Quality Workplace Health Management.” Currently, it serves over 1,900 corporate clients, having increased employee health examination participation rates from 61% to 79%, and significantly reduced the average sick leave rate among partner enterprises. This demonstrates that through professional workplace health management, more workers can engage in their jobs with better physical health, thereby creating value for social development and contributing corporate strength to the improvement of the nation’s average life expectancy.

Faced with the challenge of “living with illness” brought about by increased life expectancy—the average life expectancy of Chinese residents has reached 79.25 years, but there remains a gap between this figure and healthy life expectancy, meaning that a significant portion of later life may be spent living with disease——Ping An Health (Check-up) Centers have proactively established “Longevity Medicine Centers” in 11 cities across China, focusing on four key areas: nutrition, endocrinology, oncology, and gastroenterology. Through immune-metabolic regulation and refined chronic disease management, they are committed to shortening the period of life spent with illness, ensuring that quality of life advances hand in hand with longevity.

This strategic layout represents a proactive response to the call in the Government Work Report to “actively address population aging.” Ping An Health (Check-up) Center recognizes that the era of longevity demands not only medical services but also a comprehensive health management system covering the entire life cycle. From precision screening to specialized diagnosis and treatment, and from workplace wellness to longevity medicine, the Center is leveraging its professional medical expertise as a foundation to transform the “Healthy China” strategy into tangible, participatory lifestyles.

The Government Work Report has set a milestone target of raising the average life expectancy to 80 years. For Ping An Health (Check-up) Center, this represents not only a call of the times but also the fulfillment of its mission after ten years of dedicated cultivation. In the future, the Center will continue to build on professional medical services and pursue whole-cycle health management, safeguarding the health and well-being of every Chinese citizen, and making “living longer” and “living better” a tangible reality.