CITIC Securities: Coordinated advancement of medical insurance model drives steady revenue growth, maintaining a "buy" rating for Ping An Health (01833.HK)

According to the Wisdom Financial APP, Citic Securities published a research report stating that Ping An Health (01833.HK) achieved a revenue of 1.06 billion yuan in the first quarter of 2025, a year-on-year increase of 26%, and achieved an adjusted net profit of 58 million yuan, maintaining rapid growth in revenue and profit. The company is vigorously promoting strategic transformation, with innovative business models such as insurance + medical care membership, medical claims synergy, and rapid growth in business development at the front end and back end since this year.