YuanChuang Doctor Files IPO Prospectus: Revolutionizing Healthcare Access in Tier-3/4 Cities with Proprietary Live-Streaming Telemedicine Platform

While comprehensive consideration is important, focusing on goals is the key to success. Zhou Xiaohu, a former software engineer, understands this well.

“I have used many healthcare products from internet giants, and when I first opened the apps, I was often confused during the first few minutes.With so many features that I’m unsure which button to choose, the interface would become even more cluttered if various advertisements were added. As an industry professional, I find the user experience challenging enough; how much more difficult must it be for older users, or for patients who are anxious and in urgent need of care?“To address this real-world challenge, Zhou Xiaohu leveraged his internet-centric mindset to create Yuanchuang Doctor APP, a medical platform that differs from conventional text-and-image consultation services.”

“In 2016, my agricultural startup was also at a bottleneck. Despite the large scale of operations, the profits were less than satisfactory. It was around this time that I met Teacher Zhang, the most important partner in my life. He had been deeply engaged in offline health education and promotion, while I excelled in online marketing and operations. Rather than investing in others, we decided to invest in ourselves. We quickly reached an agreement and joined forces to establish an online health education platform.”

In 2017, “Da Chun Zhi Dao” was launched. Through an online paid knowledge platform, “Da Chun Zhi Dao” invites experts and scholars in the health sector to share and learn, delivering specialized knowledge through accessible and easy-to-understand explanations.

In just six months, Dachun Zhidao rose to the forefront of the industry and secured the top position by year-end. “2018 marked its peak, with offline practical training programs attracting 2,000 participants per session, held twice a month.”

This entrepreneurial success also laid a solid foundation of fans and networking resources for Zhou Xiaohu. Today, the “Dachun Zhi Dao App” has amassed over 10 million followers across the internet, virtually securing the top position in the niche sector of knowledge-payment platforms focused on the health industry.

Meanwhile, the rapid development of Dachun Zhidao attracted Alibaba’s attention. In 2018, after Alibaba conducted due diligence on Dachun Zhidao, Zhou Xiaohu and his team established an internet company dedicated to operations and research and development.

Many people live only one life, but he has experienced many different lives and roles. Having coded, worked in agriculture, and become a dedicated practitioner in the healthcare sector, Zhou Xiaohu, who thrives on challenge, continues to relish his “cross-industry” journey. Today, he serves as the CEO of YuanChuang Doctor. His story is set to be rewritten, beginning with YuanChuang Doctor....

In 2020, with the outbreak of the pandemic, the business demands of hospitals and medical institutions across China surged, further exacerbating the longstanding societal issue of uneven distribution of medical resources.

“Complex Offline Medical Consultation Process for Patients；There is a lack of a credit system among physicians, and industry service standards are inconsistent.Moreover, the environment in offline brick-and-mortar hospitals is relatively poor, being crowded and noisy; andFor cross-regional medical consultations, non-medical additional expenses—such as transportation, accommodation, and caregiving—are significantly higher than the costs of diagnosis and treatment.. Moreover, most online medical platforms currently offer one-on-one consultations.Inability to Maximize the Utility of Renowned Physicians“...while competing platforms feature complex functionalities and lack post-diagnosis service tracking, resulting in a poor user experience.” Zhou Xiaohu sighed deeply when mentioning these existing pain points.

“Both the pain points of the healthcare system and those of the general public should be addressed,” stated Zhou Xiaohu when discussing corporate social responsibility.

Thus, after days and nights of discussion with his team, he preliminarily formulated the business model for YuanChuang Doctor—leveraging live streaming as the core solution to address and resolve many of the pain points in the healthcare industry.

After conceiving the idea of conducting medical live-streaming, Zhou Xiaohu did not rush into action. Instead, he first conducted research by experiencing all internet hospitals and medical platforms available. “I found that they lack routine operations, and their services are predominantly centered around pharmaceuticals.”

Subsequently, Zhou Xiaohu conducted an experiment using the live-streaming feature of the Dachun Zhidao app, in which an anesthesiologist interpreted medical checkup reports online; the session attracted up to 80,000 concurrent viewers.

“This indicates that it is a vast market. Moreover, current live-streaming platforms have not been optimized according to a healthcare-specific live-streaming framework, so we believed there was an opportunity here,” said Zhou Xiaohu, visibly excited as he recounted the original motivation behind his startup.

Based on a survey of other medical platforms in the industry, Zhou Xiaohu believes that although large tech companies are well-funded and adequately staffed, their products are overly comprehensive yet lack focus, having been detached from users for too long to address actual needs.

"Comprehensive consideration is important, but focusing on goals is the key to success."Zhou Xiaohu has a deep understanding of this approach. Under the leadership of this “Chief Product Manager,” the Yuanchuang Doctor App has carved out a path distinctly different from those developed by tech giants. By remaining tightly focused on “live streaming” as its core capability and daring to “simplify,” it has strategically built an internet healthcare product with prominent core features and exceptional consultation efficiency.。

In August 2021, Yuanchuang Doctor obtained the license for an internet hospital, and officially began trial operations in October. Currently, the Yuanchuang Doctor platform has contracted with numerous expert professors from renowned Grade III Class A hospitals in regions such as Xi’an, Guangzhou, Chengdu, Beijing, Tianjin, and Ningxia.

Guided by the core strategy of “Internet + Healthcare,” Yuan Chuang Doctor has independently developed and launched the “Yuan Chuang Doctor” online medical consultation platform. With a focus on improving consultation efficiency, optimizing healthcare processes, and sharing high-quality medical resources, the platform aims to break down the boundaries of traditional healthcare and is committed to realizing a global model of shared internet-based medical care.

“Physicians can deliver a range of medical services via live streaming, including popularization of health knowledge, interpretation of test reports, disease-related consultations and diagnoses, medication counseling, and guidance on health management,” introduced Zhou Xiaohu. This “live-linked consultation” feature enables one-stop resolution of consultation needs for “multiple users with similar conditions” when facing patients presenting with identical symptoms, thereby fully leveraging the advantages of medical resources at tertiary Grade-A hospitals and improving healthcare access efficiency for the general public.

Yuanchuang Doctor’s innovative 1-vs-N consultation model not only enables physicians to promptly address patients’ inquiries and rapidly focus on their clinical conditions, but also significantly reduces patients’ healthcare costs., and streamlined cumbersome offline processes such as queuing for number calls. Meanwhile, physicians can conduct comprehensive diagnoses by integrating examination reports uploaded by patients and provide appropriate diagnostic and treatment recommendations.

Zhou Xiaohu stated, “The standout feature of the Yuanchuang Doctor Platform is its protection of patient privacy."To address the unique scenarios and specific needs of the medical sector, Yuanchuang Doctor has implemented privacy protection measures for patients' nicknames, profile pictures, text messages, and other information. Video consultation feeds are accessible only to physicians, and voice consultations feature voice-altering processing, thereby alleviating patients' concerns about personal privacy leaks."

Zhou Xiaohu mentioned, “Yuanchuang Doctor to Launch Multidisciplinary Consultation Services, integrating resources from the most specialized departments of hospitals across China to provide comprehensive diagnosis for complex and rare diseases; in partnership with Sinopharm Group, it offers online-offline integrated prescription and dispensing services, delivering medications directly to patients' homes."

Meanwhile, the platform has entered into a strategic partnership with NetEase, enabling users to seek medical consultations via live-streamed sessions hosted by Yuanchuang doctors, all from the comfort of their homes using just a smartphone. This initiative fundamentally addresses the longstanding challenge of accessing medical care for the general public.

Currently, Yuanchuang Doctor has been in operation for over a month. Zhou Xiaohu has formulated a three-step strategy for the future development of Yuanchuang Doctor.Step 1: Build a user base of tens of millions; Step 2: Establish nationwide connections with medical institutions and develop a medical credit evaluation system., continuously breaking down barriers in the physical operations of the healthcare industry chain, refining online business processes, and gradually achieving digital transformation to connect healthcare industry resources,Ultimately, we aspire to expand our services globally, meticulously crafting a specialized live-streaming telemedicine platform tailored for international users., addressing healthcare access for more people and ensuring that everyone can enjoy high-quality medical services.”