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Ping An Healthcare Technology Recognized as a National High-Tech Enterprise and Files IPO Prospectus

Jan 21, 2021 16:26 CST Updated 16:26
On January 18, in accordance with the “Administrative Measures for the Accreditation of High and New Technology Enterprises” (Guo Ke Fa Huo [2016] No. 32) issued by the Ministry of Science and Technology, the Ministry of Finance, and the State Administration of Taxation; the “Guidelines for the Administration of High and New Technology Enterprise Accreditation” (Guo Ke Fa Huo [2016] No. 195); and the “Implementation Measures for the Administration of High and New Technology Enterprise Accreditation in Shanghai Municipality” (Hu Ke He [2016] No. 22),Ping An Health Insurance Technology has been certified as a High-Tech Enterprise after passing the expert review organized by the Office of the National Leading Group for High-Tech Enterprise Certification and Management.


High-Tech Enterprise refers to a resident enterprise that conducts continuous research and development and achieves transformation of technological achievements within the "Key High-Tech Fields Supported by the State," thereby forming core independent intellectual property rights, and carries out business activities on this basis; it is a knowledge-intensive and technology-intensive economic entity.This High-Tech Enterprise certification serves as a strong endorsement of Ping An Health Insurance Technology’s R&D capabilities.


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It is reported that as a key member of Ping An Group’s broader healthcare ecosystem, Ping An Health Insurance Technology has achieved continuous and steady breakthroughs in innovative technologies since its establishment in 2016. By exploring “online integration,” “service orientation,” and “intelligent solutions,” the company has established a comprehensive regulatory and service system covering medical insurance bureaus, hospitals, and insured individuals, thereby providing all-around empowerment to the “two insurances” (basic medical insurance and commercial health insurance) and the “three medical sectors” (hospitals, physicians, and pharmaceuticals). As an emerging force in the healthcare sector, Ping An Health Insurance Technology has rapidly overtaken competitors within just four years, establishing itself as an industry leader. Public records show that by the end of 2020, the company had filed more than 720 patents across various fields. Leveraging foundational technological innovations—including AI and blockchain—as well as data processing technologies such as the DaaS-based Medical Insurance Data Middle Platform, the Intelligent Medical Coding Platform, and the Intelligent AI Algorithm Platform, Ping An Health Insurance Technology has realized technological and data-intelligence applications spanning smart medical insurance, intelligent disease prediction, intelligent imaging screening, intelligent clinical decision support, intelligent medical cost control, and intelligent patient follow-up.


In 2020, Ping An Health Insurance Technology won the “Macro-level Decision Support for Medical Insurance"Competition Champion, Leiphone.com"“2020 Best AI New Infrastructure Annual List · Best Intelligent Medical Insurance Risk Control Award”、2020“Multiple prestigious science and technology awards, including the Third Prize in the “Healthcare AI Fabulous 50” Grand Finals, its technological prowess has been repeatedly recognized by various sectors.


Robust technological capabilities have laid a solid foundation for the rapid and healthy development of Ping An Health Technology’s businesses across various sectors. By the end of 2020, the company had cumulatively won bids for medical insurance platform construction projects in 13 provinces and municipalities, including Shandong, Qinghai, Hainan, Guangdong, and Xinjiang, securing a leading market position in the informatization of provincial-level medical insurance platforms nationwide. The project under Lot 7 of the National Healthcare Security Administration (NHSA) Medical Security Information Platform Construction—namely, the procurement and construction of the Macro-Decision Big Data Application Subsystem and the Operational Monitoring Subsystem—was successfully completed and accepted in 2019. This initiative provides specialized and systematic support to the NHSA for scientific decision-making and refined management.


There is no end to technological exploration and model innovation. Ping An Health Technology stated that as the company continues to deepen its presence in the healthcare ecosystem, it will continuously refine its professional capabilities, enhance service levels, adhere to technology-driven development, build a closed-loop ecosystem, and continue to comprehensively empower China’s broader healthcare ecosystem.