Weimai Named to Inaugural 'Future Unicorn' List of $100M Companies and Files IPO Prospectus

6Month29On [Date], the 4th Everything Grows Conference, co-hosted by the Hangzhou Municipal People's Government and the China Investment Development Promotion Association, was grandly held in Hangzhou.600Founders from various industries gathered once again to pay tribute to the surging power of entrepreneurship and innovation, looking ahead to the future and beyond.

Weimai has topped the "Hangzhou Quasi-Unicorn Enterprise List" for three consecutive years. At this year’s upgraded and newly launched "US$100 Million Company Conference," Weimai was successfully selected for the inaugural "US$100 Million Company · Future Unicorn" list, thanks to its outstanding innovation, strong fundraising capabilities, and remarkable growth rate. It has been further recognized as one of China’s most noteworthy and influential future unicorns.

Previously, the Hurun Research Institute releasedIn the "2020 Hurun China Gazelle Companies" list, Weimai, a leading city-level internet healthcare platform in China, was successfully included.Recognized by authoritative sources as the Chinese high-growth enterprise most likely to achieve a unicorn valuation of $1 billion within three years. To some extent, this also validates the “bench” depth of Hangzhou’s unicorn and quasi-unicorn enterprises.

At the conference, Qiu Jialin, founder of Weimai, was awarded the title of “Entrepreneur of the Year 2020.”In the extraordinary year of 2020, through exceptional team leadership and significant contributions to the pandemic response, it has become a witness, participant, and driver of China’s “Internet + Healthcare” development.

In his congratulatory message to the conference, Qiu Jialin stated, “As the tide rises in Qiantang, innovation thrives in Hangzhou. Technological innovation is as majestic and unceasing as the Qiantang River tidal bore, driving progress across all sectors of society. As a rising force in the internet healthcare sector, Weimai upholds its mission of making healthcare services more accessible, meeting people’s pursuit of healthy living through continuous innovation in medical services. On this fertile ground of innovation in Hangzhou, we look forward to a future where everyone dares to dream, and every new wave surges forward with full vigor!”

Not just the next wave, but the tide-riders.In 2020, the industry landscape grew increasingly complex. Amid the sudden outbreak of the pandemic, Weimai continued to demonstrate strong leadership, seizing opportunities amidst the crisis and pioneering China’s “Internet+” anti-pandemic initiatives. With its exceptional responsiveness, Weimai contributed valuable anti-pandemic experience to various regions and set an industry benchmark in the field of “Internet+” medical health.

As a cornerstone in the wave of transitioning from old to new growth drivers, Weimai’s impressive achievements are underpinned by its five-year deep cultivation in the internet healthcare sector. Encouraged by clear national-level policies supporting “Internet + Healthcare,” Weimai has demonstrated courage in exploration and innovation. With high foresight, it pioneered localized, one-stop, end-to-end services, creating a unique model for the construction and operation of internet hospitals. This model has been successfully implemented in more than 1,000 hospitals across over 160 cities nationwide, benefiting 300 million people throughout China.

After delving into the core of healthcare services in various cities, Weimai continues to optimize service processes both inside and outside hospitals through specialty-specific innovations.and gradually build the S-L-A innovative service system with Weimai’s unique pathway,While ensuring that every patient receives personalized care, this approach also enhances the sense of achievement and fulfillment among doctors and nurses, significantly improving the efficiency of healthcare services. Currently, Weimai’s innovative “Internet Plus” refined management model for full-course care pathways has been implemented in more than ten departments, including reproductive centers, obstetrics and gynecology, pediatrics, and health examination centers, covering hundreds of hospitals across China.

In the post-pandemic era, industries across the board are revitalizing, and “Internet + Healthcare” is gradually entering a fast lane of development. On the fertile ground of entrepreneurship and innovation in Hangzhou, Weimai will continue to demonstrate the power of China’s future unicorns, engaging with the present while stepping into the future. By joining hands with more public hospitals, Weimai aims to drive new developments in China’s “Internet + Healthcare” sector.