Information Technology Limited 阿里健康信息技術有限公司 於百慕達註冊成立之有限公司 股份代號 00241 阿里健康信息技術有限公司 中 期 報 告 2017 ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED ALIBABA HEALTH ALIBABA HEALTH Information Technology Limited 阿里健康信息技術有限公司 (Incorporated in Bermuda with limited liability) Stock code: 00241 INTERIM REPORT 2017 INTERIM REPORT 2017 中 期 報 告

02 03 16 30 31 32 33 35 37 40

Canon s Court 22 Victoria Street Hamilton HM 12 Bermuda 1 1 26 B Estera Management (Bermuda) Limited Canon s Court 22 Victoria Street Hamilton HM 12 Bermuda 183 22 www.irasia.com/listco/hk/alihealth/ 02

GDP 6.9% + GDP 3,679 9.5% 0.9GDP 6.7% 03

10 786.2 04

66.6 + AI Doctor You 05

+ AI 06

2017 28 7,200 07

% 889,731 55,027 1,516.9 255,488 47,529 437.5 28.7% 86.4% (146,850) (821) 17,786.7 (86,471) (49,566) 74.5 (57,313) (51,543) 11.2 (61,377) (50,441) 21.7 17,244 6,143 180.7 (5,134) (2,055) 149.8 (2,199) (11,075) (80.1) (86,612) (111,829) (22.5) 3,017 4,478 (32.6) (7,976) 2,574 (409.9) (92,178) (105,825) (12.9) (90,911) (102,398) (11.2) (34,442) (49,337) (30.2) 889,731,000 55,027,000 834,704,000 1,516.9% 08

B2CB2B B2C 786,179,000 66,610,000 9,437,000 48,983,000 09

27,505,000 255,488,000 47,529,000437.5%28.7% 86.4% 146,850,000 821,000 B2C 86,471,000 49,566,000 36,905,000 74.5% 57,313,000 51,543,000 5,770,000 11.2% 10

61,377,000 50,441,000 10,936,000 21.7% 17,244,000 6,143,000 11,101,000 180.7% 5,134,000 2,055,000 3,079,000 149.8% 2,199,000 11,075,000 8,876,000 80.1% 9,735,000 49% 3,017,000 4,478,000 1,461,000 32.6% 11

7,976,000 92,178,000 105,825,000 13,647,000 12.9% 34,442,000 49,337,00030.2% 92,178 105,825 57,736 56,488 34,442 49,337 12

890,363 810,915 109,350 569,860 2,268 914 265,115 91,271 58,118 798,743 353,472 1.11 2.29 0.25 1.78 1,122,579 1,177,836 569,860,000 460,510,000 80.8%109,350,000 58,118,000 33,153,000 57.0% 91,271,000 265,115,000 1.11 2.29 0.251.78 13

1,177,836,000 55,257,000 4.7% 1,122,579,000 200,000,000 17 403390 153.8 115.6 20 14

291,176,470.5915,045,882 276,130,588.59 100,305,88285% 15% 40,000,00036,654,545 3,345,455 81,454,545 55% 45% Ali JK Nutritional Products Holding Limited Ali JK Nutritional Products Limited 3,800,000,000 1,187,500,000 15

13.51B(1) Momo Inc. MOMO 16

3% 3% 135,794,45048,933,000 22,893,200 258,513,9072.76% 7,491,000 (1) 5.184 7,491,000 1,284,000 (14) 642,000 642,000 1,141,000 (2) 5.558 1,141,000 380,000 (14) 95,000 285,000 (14) 4,854,000 4,854,000 18,149,500 (3) 5.184 2,955,750 15,193,750 6,804,400 (14) 1,193,750 1,899,250 3,711,400 1,980,000 (4) 5.550 947,000 1,033,000 2,294,700 (14) 379,000 379,000 1,536,700 4,264,000 (5) 5.320 699,000 3,565,000 10,124,955 (14) 2,824,195 1,956,360 5,344,400 17,096,600 (6) 5.558 1,778,000 15,318,600 12,882,900 (14) 1,341,800 2,834,700 8,706,400 1,783,000 (7) 4.416 371,000 1,412,000 2,250,300 (14) 456,600 730,500 1,063,200 1,750,200 (14) 559,000 1,191,200 6,680,000 (8) (9) 3.626 1,579,000 5,101,000 4,176,000 (14) 1,022,000 58,000 3,096,000 116,000 (9) (10) 3.610 116,000 2,967,000 (14) 856,600 2,110,400 (11) (12) 3,523,000 3.902 3,523,000 (14) 28,445,000 1,670,000 308,800 26,466,200 (13) 14,797,000 3.686 253,000 14,544,000 (14) 8,475,200 126,000 8,349,200 17

(1) (i) 50% (ii) 25% (iii) 25% (2) 5.39 25% (3) (4) (i) 50% (ii) 25% (iii) 25% (5) 5.32 (6) 5.39 (7) 4.31 (8) 3.57 (9) (i) 50% (ii) 25% (iii) 25% (10) 3.61 18

(11) (i) 50% (ii) 25% (iii) 25% (12) 3.80 (13) 3.57 (14) 2.420 19

XV 352 15,150,000 0.16% 1,262,000 0.01% 737,000 8,632,000 5,781,000 14,413,000 20

XV (1) 60,538 0.00% (2) 20,000 0.00% (3) 1,827,964 0.07% (4) 56,729,130 2.21% (5) 6,482,293 0.25% (6) 94,211 0.00% (7) 15,423 0.00% (8) 231,017 0.01% (9) 200,000 0.01% (10) 6,813,690 0.27% 3,000 0.00% (1) 30,560 26,2503,728 (2) 20,000 (3) 1,588,79779,167160,000 (4) Parufam Limited20,605,952 PMH Holding Limited 21,123,178 APN Ltd.30% APN Ltd.15,000,000 15,000,000 (5) Joe and Clara Tsai Foundation Limited 6,482,293 (6) 60,836 33,375 (7) 4,673 10,750 (8) 31,017200,000 21

(9) Plus Force Enterprise Ltd.200,000 (10) 6,813,690 352 5%336 Perfect Advance Holding Limited (1) 4,420,628,008 47.13% (1) 5,608,128,008 59.79% Alibaba Investment Limited (1) 4,420,628,008 47.13% Innovare Tech Limited (1) 4,420,628,008 47.13% Yunfeng Fund II, L.P. (1) 4,420,628,008 47.13% Yunfeng Investment GP II, Ltd. (1) 4,420,628,008 47.13% Yunfeng Investment II, L.P. (1) 4,420,628,008 47.13% (1) 4,420,628,008 47.13% (1) 4,420,628,008 47.13% Ali JK Nutritional Products Holding Limited (1) 1,187,500,000 12.66% Uni-Tech International Group Limited (2) 777,484,030 8.29% 21CN Corporation (2) 777,484,030 8.29% Pollon Internet Corporation (2) 777,484,030 8.29% (2) 777,484,030 8.29% 22

(1) Perfect Advance Holding Limited Perfect Advance 4,420,628,008 Perfect Advance Alibaba Investment Limited AIL Innovare Tech Limited Innovare 70.21% 29.79% Perfect Advance AIL Innovare317(1)(a) AIL Innovare Yunfeng Investment II, L.P.Yunfeng Investment GP II, Ltd. Yunfeng Fund II, L.P.Yunfeng Investment GP II, Ltd.40% 60% XVYunfeng Fund II, L.P. Yunfeng Investment II, L.P. Yunfeng Investment GP II, Ltd. Perfect Advance4,420,628,008 Ali JK Nutritional Products Holding Limited Ali JK 1,187,500,000Ali JK XVPerfect Advance Ali JK 5,608,128,008 (2) Uni-Tech International Group Limited 777,484,030 21CN Corporation21CN Corporation Pollon Internet Corporation 336 (a) 7 23

Perfect Advance Perfect Advance 3.03.1 (b) 110 49.6 (c) 24

60 26.5 (d) 7 Perfect Advance Perfect Advance 25

(e) Cainiao Smart Logistics Network Limited 23 10.3 Perfect Advance Perfect Advance (f) 23 9.3 Perfect Advance Perfect Advance (g) Ali JK Nutritional Products Holding Limited Ali JK Nutritional Products Limited 3,800,000,000 1,187,500,000 26

40 65 85 7.9 (h) 14A.19 (i) (ii) 10 1.9 27

(i) 9.0 Perfect Advance Perfect Advance 28

2,433,300 A.6.7 29

31 60 3434 34 2410 34 1 22 30

3 889,731 55,027 (634,243) (7,498) 255,488 47,529 4 (146,850) (821) (86,471) (49,566) (57,313) (51,543) (61,377) (50,441) 5 17,244 6,143 6 (5,134) (2,055) (2,199) (11,075) 7 3,017 4,478 8 (7,976) 2,574 9 (91,571) (104,777) 10 (607) (1,048) (92,178) (105,825) (90,911) (102,398) (1,267) (3,427) (92,178) (105,825) 12 (1.07) (1.25) 31

(92,178) (105,825) (20,861) 31,463 (20,861) 31,463 (113,039) (74,362) (111,772) (70,935) (1,267) (3,427) (113,039) (74,362) 32

7,026 5,065 13 19,123 19,123 45,661 42,644 14 851,564 524,801 15 222,848 55,126 54,304 978,500 868,785 273,461 151,505 16 66,107 38,501 79,262 39,835 94,800 10,300 15 2,268 914 15 265,115 109,350 569,860 890,363 810,915 17 200,000 18 190,565 125,862 352,749 189,462 55,429 38,148 798,743 353,472 91,620 457,443 1,070,120 1,326,228 33

17 200,000 6,951 6,566 6,951 206,566 1,063,169 1,119,662 19 82,781 72,481 19 (5,191) (91) 1,044,989 1,105,446 1,122,579 1,177,836 (59,410) (58,174) 1,063,169 1,119,662 34

72,305 1,863,621 33,979 77,335 20,860 37,472 13,468 (897,680) 1,221,360 (66,089) 1,155,271 (102,398) (102,398) (3,427) (105,825) 31,463 31,463 31,463 31,463 (102,398) (70,935) (3,427) (74,362) 20 56,488 56,488 56,488 249 (79) 170 170 19 47 23,706 (23,753) 19 29 (29) 72,381 1,887,576 (29) 33,979 77,335 52,323 70,128 13,468 (1,000,078) 1,207,083 (69,516) 1,137,567 35

72,481 1,907,220^ (91) 25,037^ 77,335^ 83,410^ 104,282^ 13,468^ (1,105,306)^ 1,177,836 (58,174) 1,119,662 (90,911) (90,911) (1,267) (92,178) (20,861) (20,861) (20,861) (20,861) (90,911) (111,772) (1,267) (113,039) 23(b) 10,300 3,821,342 (3,828,605) 3,037 3,037 19 (7,790) (7,790) (7,790) 20 57,736 57,736 57,736 20 42,231 2,690 (44,921) (4,918) 4,918 (31) (31) 31 3,563 3,563 3,563 82,781 5,770,793^ (5,191) (3,828,605)^ 28,569^ 77,335^ 62,549^ 112,179^ 13,468^ (1,191,299)^ 1,122,579 (59,410) 1,063,169 ^ 1,044,989,000 1,105,446,000 36

(91,571) (104,777) 7 (3,017) (4,478) 8 7,976 (2,574) 5 (6,004) (5,900) 9 500 5 (1) (17) 6 5,134 2,055 9 1,985 2,181 9 1,340 9 57 (13,229) 9,735 20 57,736 56,488 (40,434) (45,947) (27,606) (7,428) (36,127) 2,121 (122,013) (5,040) 64,703 4,684 17,727 (6,015) (40,542) 17,281 (1,605) 2,707 (2,100) (123,762) (101,872) 2,340 2,673 4,839 (222) (269) (116,805) (99,468) 37

(116,805) (99,468) (3,957) (461) (85,000) 10 17 296,140 (346,865) (45,881) (19,675) (185,588) (112,500) (320,416) (183,344) (7,790) 170 99,873 (5,162) (12,952) 100,043 (450,173) (182,769) 569,860 714,418 (10,337) 23,836 109,350 555,485 38

61,338 62,986 48,012 492,499 10,000 109,350 565,485 (10,000) 109,350 555,485 39

1 Canon s Court, 22 Victoria Street, Hamilton HM12, BermudaB Perfect Advance Holding Limited Perfect Advance 2 2.1 34 20 40

2 2.1 2.2 ^ 23(b) ^ 41

2 2.2 7 12 3 786,179 1,580 66,610 3,074 9,437 48,983 27,505 1,390 889,731 55,027 42

4 B2C 5 6,004 5,900 1 17 10,980 259 226 17,244 6,143 6 7 49% 8 43

9 ^ 610,683 ^ 18,815 6,661 1,985 2,181 6,107 6,467 # 500 # 1,340 # 57 (10,980) 9,735 89,395 54,665 6,710 4,461 20 57,736 56,488 153,841 115,614 # ^ 10 222 269 385 779 607 1,048 44

10 11 25%15% 12 8,487,287,000 8,174,602,000 13 19,123 23(a) 19,123 19,123 19,123 14 368,345 230,080 483,219 294,721 851,564 524,801 45

14 i 291,176,47015,045,882 85% 15% 145,588,235 145,588,235 ii 40,000,00036,654,545 55% 45% 40,000,000 15 222,848 220,500 44,615 2,268 914 267,383 223,762 16 91,510 63,904 (25,403) (25,403) 66,107 38,501 46

16 30 90 3 59,826 38,501 3 12 6,281 66,107 38,501 17 (%) (%) 5.05 100,000 5.05 100,000 200,000 5.05 100,000 5.05 100,000 # 200,000 47

17 200,000 200,000 200,000 200,000 # 100 18 3 188,828 125,079 3 12 1,680 4 12 57 779 190,565 125,862 30 90 48

19 15,000,000,00010,000,000,000 0.01 128,040 85,360 9,380,236,9188,192,736,918 0.01 82,781 72,481 0.01 8,172,644,639 72,305 a 38,000 b 5,465,954 47 c 3,351,915 29 (29) 8,181,500,508 72,381 (29) 8,192,736,918 72,481 (91) d (7,790) e 2,690 f 1,187,500,000 10,300 9,380,236,918 82,781 (5,191) 49

19 a 5.184 38,000 0.01 b 5,465,9540.01 c 3,351,9150.01 d 9,174,000 7,790,000 2,433,300 e 10,319,210 f 1,187.5 0.01 23(b) 20 3% 3% AA 50

20 5.21 32,185 19,344 5.51 27,171 31,839 5.26 (4,755) (4,658) 5.18 (38) (5,466) 5.35 54,563 41,059 2.37 5.05 5.12 58,701 44,914 3.73 18,320 41,774 4.95 (8,583) (9,013) (10,319) 4.77 68,438 67,356 2.09 3.63 3.6105.558 10 146 51

20 3.57 ~3.80 5.32 ~5.39 (%) 65 70 (%) 0.00 0.00 2.2 2.2~2.8 3.686 ~3.902 5.320 ~5.558 (%) 1.15 0.96~1.31 (%) 20~30 20~30 52

20 1,650 264 12,657 19,804 24,362 17,913 16,152 18,438 2,915 69 57,736 56,488 68,438,00067,356,000 124,847,000 1,248,0001,066,000 8,531,0002,416,0008,531,000 11,739,00010,477,0004.44 4.40 53

21 15,542 14,312 5,171 11,404 80 20,713 25,796 663 22 21 62,000 50,000 62,000 50,000 54

23 (a) 16,800,000 3,193,00013,607,000 7,850,000 2,334,0005,516,000 (b) Ali JK Nutritional Products Holding Limited Ali JK Nutritional Products Limited Ali JK Nutritional Products HK Limited Ali JK Nutritional Products Ali JK Nutritional Products Ali JK Nutritional Products (i) (ii) 1,187.5 3,800 3.724,417.53,831.6 3,831.6Ali JK Nutritional Products 3.03,828.6 Ali JK Nutritional Products 16,949,0001,075,000 55

24 (I) (i) (3,046) (3,079) (ii) (15,323) (10,764) (iii) (4,825) (929) (iv) (26,474) (25) (v) (9,295) (1,732) (vi) (1,840) Perfect Advance (vii) (10,314) (viii) (1,932) (ix) (7,933) (x) (500) (xi) 49,594 3,074 (xii) 3,080 (xiii) 822 56

24 (I) (i) (ii) 2,509,000 5.5581,065,000 6,415,000 (iii) (iv) # # (v) ^ ^ 57

24 (I) (vi) (vii) Perfect Advance (viii) 1,932,000 (ix) 23(b) 50% 23(b) 7,933,000 7,260,000 (x) (xi) 21.5% 58

24 (I) (xii) (xiii) 53,900,000 3% (i) (ii) (iv) (ix) (xi) (xii)a (II) (1) 27,270 26,135 55,126 54,304 82,396 80,439 (2) 29,807 5,810 & 105,555 105,555 3,258 4,627 138,620 115,992 & 59

24 (III) 5,314 2,765 14,487 10,764 101 94 19,902 13,623 25 90,000,000 1.8% 12,000,000 80,000,400 26 60