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[For Immediate Release] Union Medical Healthcare Partners with SAIF (11 December, 2017) Union Medical Healthcare Limited ("Union Medical Healthcare" or the "Company", which together with its subsidiaries, is referred to as the "Group", SEHK stock code: 2138), the leading aesthetic medical service provider in Hong Kong, is pleased to announce that its controlling subsidiary Chongqing V'Born Medical Management Limited ("V' Born Medical") has partnered with a fund under SAIF AMC, the asset management platform of world-renowned private equity firm SAIF Partners, to commence deep capital collaboration in order to accelerate its strategic layout in the medical services market of China. SAIF Partners is one of the largest private equity firms in Asia, which invests in and manages about 200 Chinese enterprises and over 20 listed companies. SAIF Partners currently manages over US$4 billion in capital. It was accredited with the "Best Venture Capital Firm" and the "Best Growth Investment Fund" by authoritative research institution Zero2IPO Group in 2014-2016, and was honored as the "Best Venture Capital Firm" by Forbes. The collaboration is one of the recommended key investment projects in Chongqing city. The ceremony of Chongqing city opening up for investment projects was held on 8 December, with a total contracted amount of RMB114.785 billion, among which 18 projects were regarded as foreign investment, including the one from Union Medical Healthcare. Mr. Liu Guiping, Vice Mayor of Chongqing Municipality, mentioned that the investment projects ranged from various aspects including finance, insurance, aviation and logistics, aiming at establishing an international logistics hub and a functional financial centre in Chongqing city, whilst developing inland trading rules and facilitating innovation in logistics financing. Headquartered in Chongqing city, V'Born Medical plays an important role in the Group's strategic layout for China as its network of medical clinics will span across Northern China, Eastern China and Southern China, etc. V'Born Medical has established its first flagship clinic in Huarong Modern Plaza in Yubei District. The clinic is slated to commence operation in late January 2018 and will uphold the principles of professionalism, safety and effectiveness in order to provide customers with world-class products and services. Mr. Gabriel Lee, Executive Director and Chief Operating Officer of Union Medical Healthcare said, "Union Medical Healthcare has transformed itself from an aesthetic medical service provider into a comprehensive medical service provider with a diversified medical services portfolio. The Group will continue to consolidate its leading position in the market for aesthetic medical services and actively expand its presence in China and develop other medical services." -End-
Document: http://n.eqs.com/c/fncls.ssp?u=LWRRKOWKCR Document title: Mr. Gabriel Lee, Executive Director and Chief Operating Officer of Union Medical Healthcare (left) joined the contract signing ceremony of Chongqing city opening up for investment projects and had a meeting with Mr. Zhang Guoqing, Mayor of Chongqing.
11/12/2017 Dissemination of a Financial Press Release, transmitted by EQS Group. |