Mabwell (688062.SH), an innovation-driven biopharmaceutical company with a fully integrated industry chain, today announced a strategic collaboration with Ping An Healthcare and Technology Company Limited (stock name: Ping An Good Doctor, 1833.HK), a leading internet healthcare platform in China.

The two parties will jointly develop integrated online-to-offline (O2O) solutions across multiple therapeutic areas, explore innovative models in healthcare services, and build a comprehensive disease management ecosystem in bone health and autoimmune disorders—accelerating access to high-quality medical resources and benefiting patients.

Representatives from Mabwell and Ping An Good Doctor signed the strategic partnership agreement

Mabwell focuses on age-related diseases such as oncology and autoimmune disorders, with a strong pipeline of promising products. Ping An Good Doctor, leveraging its extensive user base and leading managed healthcare model powered by big data, brings expertise in online healthcare services. Guided by a patient-centered approach, the two companies will combine their strengths to explore new models for pharmaceutical access and healthcare payment within the internet healthcare framework. Together, they will build an integrated disease management platform for bone health and autoimmune disorders, delivering one-stop services from education, screening, diagnosis, and treatment to follow-up and rehabilitation. By co-developing a digital health paradigm that unites “medical + pharmaceutical + insurance/services,” the partnership aims to enhance patient experience, promote rational medication use, improve adherence, and ease the burden of care.

Mr. Han Li, Vice President of Mabwell, said: “We are pleased to collaborate with Ping An Good Doctor. As digital healthcare continues to advance, medical services are becoming more comprehensive and efficient. Mabwell remains committed to a patient-centered philosophy and to providing innovative biologics that deliver better efficacy and greater accessibility. With Ping An Good Doctor’s strong online platform and extensive offline network, we can reach and serve patients more precisely. We look forward to working together to create an innovation-driven model for healthcare services, further improving the patient experience and enabling our high-quality products to benefit patients more effectively through the power of digital healthcare.”

A company spokesperson from Ping An stated: “We are delighted to partner with an industry leader like Mabwell. This collaboration goes beyond simple business alignment—it represents the deep integration of our ecosystem capabilities. Ping An Good Doctor’s service network covers ‘to clinic, to store, to home, and to enterprise,’ supported by a team of about 50,000 internal and external doctors across 29 specialties and a network of 235,000 partner pharmacies. Our platform provides users with comprehensive, multi-scenario healthcare services that are accessible anytime, anywhere. Unlike traditional e-commerce platforms, Ping An Good Doctor serves as a bridge between users and pharmaceutical companies. Through technology and insurance enablement, we aim to support long-term health management and truly put patients at the center of care.”

Profile of Ping An Healthcare and Technology Company Limited

Incorporated in 2014, Ping An Healthcare and Technology Company Limited is a flagship of Ping An Group’s health and senior care ecosystem. The Company was listed on the Main Board of HKEX on May 4, 2018.

The Company fully implements Ping An Group’s “integrated finance + health and senior care” strategy. Leveraging core competitive advantages including abundant health and senior care service payer resources, extensive service provider networks, effective service standards, and strong support from Ping An Group’s ecosystems, the Company has consistently reinforced its two core service hubs of family doctor services and senior care concierge services.

As of June 30, 2025, the Company had approximately 50,000 in-house and contracted external doctors across 37 specialties. Moreover, it partnered with over 4,000 hospitals and maintained partnerships with nearly 106,000 health service providers, nearly 3,300 health checkup service providers, and 240,000 pharmacies. In addition, the Company cumulatively served over 3,500 paying corporate clients, had over 35 million users entitled to family doctor service benefits, and provided home-based senior care services in 85 cities nationwide.

The Company is committed to bridging professional communication between doctors and patients, and providing health improvements for all. Guided by the vision of “providing every enterprise with a harmonious workplace, every family with a dedicated doctor, and every user with a healthy, long life,” the Company continues to improve products with expertise and elevate brand recognition through quality, providing “worry-free, time-saving and money-saving” health and senior care services.