Taiping Insurance and Yifang Group Launch First Elderly Care Industry Equity Investment Fund with $112 Million Commitment

VCBeat News: Yifang Group Finalizes Its Healthcare Industry Layout. Two days ago, the Taiping-Yifang Big Health Industry Equity Investment Fund, a collaborative venture between China Taiping Insurance Group and Yifang Group, was officially established. The fund was initiated and coordinated by Taiping Pension Industry Management Co., Ltd., a subsidiary of Taiping Insurance specializing in investment and asset management for the elderly care, health, and medical sectors. Dalian Yifang Group Co., Ltd. and Taiping Life Insurance Co., Ltd. serve as partners in the fund, which has a total size of RMB 800 million.

In addition to establishing an investment fund, the two parties have also signed a cooperative investment agreement for the Dalian Swan Lake Medical and Elderly Care Center project. Catering to seniors requiring full-time nursing, semi-independent living, and independent living, the center incorporates the service philosophy of Watermark Companies (USA). With an integrated “elderly care + medical services + nursing” approach as its core, it provides targeted care and health management tailored to residents’ varying levels of nursing needs and medical requirements. China Taiping and Dalian Yifang Group will use the Swan Lake Medical and Elderly Care Center as a demonstration site to explore practical models of integrated medical and elderly care, with plans to rapidly replicate the model nationwide once it matures.

VCBeat has learned that the Taiping Yifang Grand Health Industry Equity Investment Fund is the first equity investment fund focused on the grand health and elderly care industries launched by China Taiping Insurance Group. Yifang Group possesses extensive resources across four key sectors: strategic investment, healthcare, urban operations, and cultural tourism and sports. With its business presence in major first-tier cities such as Beijing, Shanghai, and Shenzhen, the group has been strategically positioning itself in the grand health industry for nearly a decade. It has accumulated substantial industrial resources in healthcare and health management, and is further expanding its footprint in the grand health sector by investing in a portfolio of innovative enterprises and projects.