Home Lanhai Medical to Acquire 95% Equity in Hefeng Property for RMB 1.235 Billion, Accelerating Expansion into Premium Healthcare Services

Lanhai Medical to Acquire 95% Equity in Hefeng Property for RMB 1.235 Billion, Accelerating Expansion into Premium Healthcare Services

Dec 05, 2016 11:05 CST Updated 11:05

20130703112139186.jpg

Lanhai Medical Huashan Diagnostic and Treatment Center


On December 4, listed company Lanhai Medical Industry Investment Co., Ltd. proposed to acquire a 95% equity stake in Hefeng Real Estate for RMB 1.235 billion in cash, and will also undertake the renovation and upgrading of certain medical property assets under Hefeng Real Estate’s Huangpu District Central Hospital (original site).


Through this transaction, Lanhai Medical will establish The Bund Hospital, an international high-end comprehensive hospital in the central urban area of Shanghai. This move will further enhance the company’s full-industry-chain layout in healthcare services, encompassing comprehensive and specialized medical diagnostics, general practice clinics, convalescence and rehabilitation, and financial services for medical equipment. Furthermore, by integrating offline and online medical resources, the company aims to position itself as a publicly listed healthcare service platform featuring a full industry chain and a three-dimensional online-offline operational model. 


Current Layout of Lanhai Medical


As the “Healthy China” national strategy advances, there will be enormous market demand for high-quality, diversified healthcare services. Fully leveraging market mechanisms and encouraging and supporting social capital to invest in the health and medical industry has become one of the key directions for deepening healthcare system reform in China.


Lanhai Medical Investment serves national strategies by focusing on building a systematic medical service industry chain that integrates online and offline services, treatment and rehabilitation, and healthcare with health management. Leveraging the insurance industry resources of Lanhai Holdings Group, it aims to promote the sustainable development of the full-lifecycle health management industry.


Leveraging the strengths of Lanhai Group, Lanhai Medical Industry Investment Co., Ltd. held its listing ceremony at the Shanghai Stock Exchange on November 28, marking a new milestone in Lanhai Medical Investment’s development within the healthcare and wellness industry. By utilizing the platform of a publicly listed company, Lanhai Medical Investment will more vigorously promote the comprehensive development of its healthcare services, injecting new vitality into China’s high-end healthcare and wellness market.


According to Mi Chunlei, Chairman of the Board of Lanhai Holding Group and Chairman of Lanhai Medical Investment, “Going public has provided Lanhai Medical Investment with a broader platform for development. We have assembled a senior management team with extensive experience in the healthcare industry and top-tier executives with years of multinational corporate management expertise, and we have established strategic collaborations with renowned medical institutions and industry-leading enterprises both domestically and internationally. Lanhai Medical Investment will benchmark against internationally leading medical services, leveraging its robust medical capabilities and global management perspective to strive to become a leader in medical technology and healthcare services both in China and abroad, build a world-class medical brand, and contribute to the deepened development of China’s healthcare industry! As a publicly listed company, Lanhai Medical Investment will also strictly comply with listing rules, rewarding shareholders and society through sustained, stable, and healthy growth.”


Currently, the rehabilitation hospital, oncology hospital, and high-end outpatient clinic projects under Lanhai Medical Investment are all progressing in an orderly manner and are expected to be completed and opened soon.


Centered on the healthcare industry, providing comprehensive professional diagnosis and treatment.


 Previously, Lanhai Holding Group divested its persistently loss-making shipping assets through a major asset sale and established Lanhai Medical Industry Investment Co., Ltd. This move reflects Lanhai Holding Group’s strategic transformation to position the medical and health industry as its core business. By concentrating resources and leveraging its competitive advantages in the healthcare services sector, the company has initially developed business segments including high-end rehabilitation hospitals, online hospitals, and medical equipment financial leasing, while also preparing to launch high-end medical clinics and specialized hospital operations.


In the future, Lanhai Medical Investment will focus on the healthcare industry, meticulously developing high-end medical projects—including premium outpatient clinics, specialized hospitals, and rehabilitation hospitals—as well as online health management services. It is committed to providing customers with high-quality, comprehensive professional diagnosis, treatment, and health services. Meanwhile, it will offer financial leasing services in the fields of healthcare, intelligent manufacturing, and public utilities. By leveraging the insurance industry resources of Lanhai Holdings Group, Lanhai Medical Investment will achieve an organic integration of high-end medical services with premium health insurance products, thereby building a full-lifecycle health management industry chain. Dedicated to becoming a leader in medical technology and healthcare services both domestically and internationally, it aims to establish a world-class medical brand and create value for all shareholders.