Lianzhong Medical, First Medical Imaging Big Data Firm Listed on NEEQ, Secures RMB 23 Billion Project in Guian New Area
In January 2014, Hangzhou Lianzhong secured RMB 10 million in Series A financing from Zhejiang Rushan Venture Capital Management Co., Ltd. In June 2015, it raised RMB 20 million from Shanghai Jianxi Investment Partnership and obtained a RMB 30 million credit line from Bank of Nanjing in its Series A+ round. In early 2016, it received tens of millions of yuan in strategic investment from the listed company Zheshang Media Group. According to VCBeat,HangzhouLianzhong will complete its listing on the New Third Board this week, with the initial post-listing fundraising expected to exceed RMB 100 million.This isThe first enterprise listed on the National Equities Exchange and Quotations (NEEQ) with a core focus on big data in medical imaging; previously, companies such as Xingaoyi, Jiatian Imaging, Meizhong Jiahe, and Bestida were primarily engaged in the manufacturing of imaging equipment or software research and development.VCBeat will continue to closely monitor the next developments in global medical imaging.
On the morning of May 24, 2016, the 2016 Gui’an Global Smart Terminal Industry Innovation and Development Summit and the Chinese Academy of Sciences Academicians’ Forum on Big Data and Artificial Intelligence were held in the Gui’an New Area, Guizhou Province. Jointly organized by the Organizing Committee of the 2016 China Big Data Industry Summit and China E-commerce Innovation and Development Summit, the Software and Integrated Circuit Promotion Center of the Ministry of Industry and Information Technology, the Chinese Society for Optical Engineering, the Guizhou Provincial Commission of Economy and Information Technology, and the Administrative Committee of Guizhou Gui’an New Area, among others, the forum was themed “Data Creates Value, Intelligence Leads the Future.” Representative enterprises from the big health sector participating in the event included Hangzhou Lianzhong, Shanghai United Imaging Healthcare, Shenzhen BGI Genomics, and Zhejiang Dian Diagnostics.
Opening Ceremony
One of the key highlights of this forum was the signing ceremony for the entry of high-quality enterprises into Gui’an New Area (the eighth state-level new area approved by the State Council). As a representative enterprise in the healthcare sector, Guizhou Lianzhong Cloud Medical Technology Co., Ltd., a subsidiary controlled by Hangzhou Lianzhong, attended the signing ceremony and officially settled in the Gui’an New Area Electronic Information Industrial Park. The main contents of the agreement are as follows:Hangzhou Lianzhong Will Invest in the Construction of a Big Data Analytics Project Based on a Medical Imaging Information System Platform in Gui'an New Area, the total investment for Phase III of the project in Gui'an New Area amounts to RMB 2.3 billion.
As early as March this year, Hangzhou Lianzhong entered into a strategic cooperation agreement with the Guizhou Provincial Health and Family Planning Commission. By digitizing, standardizing, and leveraging networked methods for the mining, collection, storage, sharing, cleaning, and application of medical data, the partnership supports the construction of the underlying infrastructure for medical big data across Guizhou Province.
The Signing Ceremony for Hangzhou Lianzhong's Entry into the Gui'an New Area
To this end, VCBeat interviewed Mr. Wu Jiong, CEO of Hangzhou Lianzhong, and Ms. Fan Yun, General Manager of Guizhou Lianzhong Cloud, to gain further insight into the specific details of the collaborative project.
It is understood that the project will be implemented in three phases. Phase I will be constructed within the China Telecom Guizhou Information Park, located in the Gui’an New Area Electronic Information Industrial Park. The server rooms used for this phase are leased by the Guizhou Provincial Health and Family Planning Commission from China Telecom. The project aims to establish a medical imaging information system platform based in Guizhou with nationwide coverage, featuring a cloud storage and analytics application platform for medical imaging big data, with a capacity of 60 server racks.The total investment is approximately RMB 800 million, with RMB 50 million allocated for the construction of 60 server racks in the central data center, and approximately RMB 750 million invested in building a telemedicine data application system across 199 public hospitals and other medical institutions in Guizhou Province.
The Phase II project covers an area of approximately 1,000 mu, designated for the construction of a“Internet+” Health and Elderly Care Institutions Integrating Elderly Care with Medical ServicesProject. The total investment in this project is approximately RMB 750 million, for the construction of a health and elderly care facility spanning 90,000 square meters, comprising an elderly care section (2,000 beds) and a medical section (300 beds).
Phase III project site covers approximately 100 mu,For the construction of an “Internet +” Grade 3A hospital project, with a total investment of approximately RMB 800 million. In light of the construction and development progress in Guian New Area, Hangzhou Lianzhong will integrate its own medical resources to build a 50,000-square-meter Grade III Class A hospital (with 1,500 beds).
As the construction and development of the Gui'an New Area progressively advance, Phase I of the project is expected to generate an annual output value of RMB 300 million, contribute over RMB 10 million in annual tax revenue, and provide employment for no fewer than 200 individuals within Guizhou Province upon completion and commencement of operations. Phase III will complete all project investments within three to eight years; upon completion, the project is projected to achieve an annual output value of approximately RMB 1.5 billion, contribute more than RMB 65 million in annual tax revenue, and create around 3,000 jobs.
“Guided by the philosophy of ‘openness, collaboration, and sharing,’ with data integration and R&D as the core foundation, and through collaborative promotional models, we are empowering the future of healthcare in the era of big data,” said Mr. Wu Jiong, CEO of Hangzhou Lianzhong, when discussing the significance of this collaborative project. This partnership fills the gap in achieving interconnectivity among medical big data systems in the Gui’an New Area.By leveraging a cloud storage system with financial-grade security, we ensure timely information exchange for patients and promote the digitalization, visualization, paperless operations, and filmless development of healthcare information. This facilitates adoption by major medical institutions for online hospitals and regional applications, enabling remote consultations and flexible two-way referrals.。