Jinqiezi Files IPO Prospectus: China's First Oral Healthcare Fintech Platform Co-Launched by Qiezi Oral Cloud and Jinfuxia

Traditionally, finance and healthcare have had little overlap. However, against the backdrop of the “Internet Plus” initiative deeply permeating all aspects of Chinese society, these two industries—both advancing from the trillion-yuan to the ten-trillion-yuan scale—are increasingly demonstrating broad prospects for integrated development.

The internet has significantly expanded the application scenarios of finance, transforming sophisticated financial services into an integral part of everyday life for ordinary individuals and exhibiting a strong trend toward “scenario-based” integration. Among these developments, medical consumer finance is regarded as one of the most promising directions. The internet is also profoundly reshaping China’s healthcare system, not only making medical care more accessible but also fostering numerous new health-related services and business models. Financial services—such as installment payment plans, insurance, and supply chain finance—are poised to play a pivotal role in this transformation of the healthcare system.

Jinfuxia, an internet finance company positioned at the core of financial SaaS and scenario-based applications, recently announced an exclusive strategic partnership with “Qiezi Kouqiang Yun” (Eggplant Dental Cloud), a leading domestic dental SaaS platform that has penetrated 20,000 dental hospitals and clinics across China within a year. Together, they will develop a series of consumer finance and supply chain finance products to create the “Golden Eggplant” dental fintech service platform, serving the entire dental ecosystem and jointly embracing the imminent explosive growth of China’s dental industry.

“Golden Eggplant” has taken the lead in launching “Dental Beauty Installments” for general consumers, aiming to provide “warm financial services” to every ordinary Chinese citizen as the nation accelerates into an aging society. Jin Fu Xia and “Qiezi Dental Cloud” also stated that they are jointly developing personalized supply chain finance products for the dental industry by leveraging their respective strengths in data, risk control, and open dental ecosystem platforms. This initiative seeks to offer robust financial backup support to every enterprise and partner within the dental sector.

Partnering with “Qiezi Oral Cloud” to Build the “Golden Qiezi” Dental Fintech Service Platform

Although Jin Fuxia has been in operation for less than a year, its entire team comprises seasoned veterans of the financial industry. According to Liu Mingyu, Executive Vice President of Jin Fuxia, the company was jointly founded by Yalian Innovation Group and Huadao Data, both of which have deep-rooted expertise in the financial sector, with team members primarily drawn from these two enterprises.

Yalian Innovation Group was jointly initiated by the Asia Financial Cooperation Alliance (Sanya) (AFCA) and Minsheng Royal Asset Management Co., Ltd. Shouldering the mandate of over 40 financial institutions within the alliance to “join forces for mutual support and pursue common development,” it provides comprehensive information technology services, ranging from core to peripheral systems, to a wide range of financial institutions.

Huadao Data is a leading provider of foundational services for financial innovation in China. For many years, it has maintained the top position in the financial outsourcing market, delivering these services to numerous state-owned banks, joint-stock commercial banks, city commercial banks, rural commercial banks, internet finance companies, and insurance firms.

Liu Mingyu told VCBeat (WeChat ID: vcbeat) that in recent years, there has been a surge of internet finance companies. If each company were to build its own full-suite financial services backend, it would not only be time-consuming and labor-intensive, but also difficult to ensure consistent service quality and user experience. The original intention behind founding JinFuxia was to transform financial services into a convenient, secure, low-cost, and highly usable SaaS offering.

Liu Mingyu pointed out that, driven by the overarching trends of the internet and consumption upgrading, traditional financial services are gradually extending into broader consumer and livelihood sectors, with scenario-based and vertical integration becoming key future directions for financial services. As the most market-oriented segment within the healthcare industry—and one on the verge of explosive growth—the dental care sector represents an ideal choice for Jinfuxia.

With the national promotion of tiered diagnosis and treatment systems and encouragement of private healthcare provision, public tertiary hospitals will primarily focus on diagnosing and treating serious and critical conditions in the future. Healthcare services with stronger consumer attributes, such as dental care, are likely to be increasingly undertaken by private institutions. Moreover, against the backdrop of consumption upgrading and the rise of the middle class, oral healthcare is receiving growing attention, and the overall market size of the dental industry is poised for explosive growth.

However, the dental industry also faces a challenge: it is highly fragmented, with most dental hospitals and clinics being small-scale, independent, and privately owned. Liu Mingyu noted that this industry structure is unattractive to large banks and financial institutions, as the cost of providing financial services to scattered offline clinics is prohibitively high for them.

However, in the era of “Internet Plus,” the emergence of “Qiezi Dental Cloud” has provided Jin Fuxia with an excellent opportunity to enter the dental industry. “Qiezi Dental Cloud” is a well-known domestic dental SaaS platform that specializes in providing cloud-based information management services for dental hospitals and clinics. Currently, there are approximately 80,000 dental hospitals and clinics across China. Within less than a year of operation, “Qiezi Dental Cloud” has already registered 20,000 of these institutions as users, and its user base continues to grow rapidly.

By establishing an exclusive strategic partnership with “Qiezi Dental Cloud,” Jinfuxia can not only immediately gain access to a nationwide network of dental clinics but also seamlessly integrate its financial service products into the “Qiezi Dental Cloud” platform, jointly creating the “Golden Qiezi” dental fintech service platform that serves the entire dental ecosystem.

“Qiezi Dental Cloud” has also successfully upgraded its platform capabilities through its collaboration with Jinfuxia, gradually evolving into an open, multi-functional ecosystem for the dental industry. In the future, the “Qiezi Dental Cloud” platform may give rise to an increasing number of “Eggplant”-branded services that fulfill various other functions within the dental industry, in addition to its flagship fintech offering, “Golden Eggplant.”

Delivering "Warm Financial Services" Through Robust Online and Offline Capabilities

Liu Mingyu told VCBeat (WeChat ID: vcbeat) that traditional bank installment services, driven by risk control considerations, have very limited applicable scenarios and often create numerous “barriers” for consumers. However, in the era of “Internet Plus,” comprehensive informatization and digitalization across various industries enable the accumulation of vast amounts of data on user behavior and business operations in every consumption scenario, thereby providing ample room to improve risk control efficiency and extend financial services to broader market segments.

For instance, “Golden Eggplant” is a fintech platform built on the “Eggplant Dental Cloud” that integrates diverse data sources—including offline clinics and individual user profiles—with its own accumulated data to accurately assess users’ repayment capacity. Under effective risk control, it enables 10-minute remote face-to-face signing and disburses loans within T+1 day at the latest, ensuring every user can access high-quality oral healthcare services and delivering “financial services with warmth.”

Behind this “warmth” lies robust support from an integrated online-offline technology platform and operational system. Liu Mingyu introduced that the team members of Jinfuxia are all seasoned veterans in the financial industry, with extensive experience in risk control, big data, and related fields. Furthermore, following the strategic partnership with “Qiezi Dental Cloud” to create “Jin Qiezi,” the clinic data accumulated on the platform can significantly enhance the efficiency of risk control and credit assessment for “Jin Qiezi.” Meanwhile, Qiezi Dental Cloud’s extensive nationwide ground promotion team can be transformed into Jin Qiezi’s offline risk control workforce, enabling functions such as on-site clinic inspections and information tracking.

Offering “Smile Installment” products to C-end users is merely the beginning of the collaboration between Jinfuxia and “Qiezi Dental Cloud” to build the “Jin Qiezi” dental fintech service platform. The focus of their partnership is gradually extending to the B-end, closely centered on dental consumption scenarios, to provide dental hospitals and clinics with rich financial value-added services as well as a broader range of comprehensive dental-related services.

Liu Mingyu told VCBeat (WeChat ID: vcbeat) that the continuously growing demand for oral healthcare will drive a significant increase in the number of dental clinics. The ultimate goal of the strategic partnership between Jinfuxia and “Qiezi Oral Cloud” to launch the “Jinqiezi” oral fintech service platform is to build a fintech service platform covering the entire oral industry chain around dental clinics.

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