Winning Health Acquires 25% Stake in Beijing Mengtianmen for RMB 91.67 Million to Strengthen 'Internet+ Healthcare' Ecosystem
On April 7, 2016, Winning Health Technology Group Co., Ltd. and Beijing Dream Sky Technology Co., Ltd. jointly signed the "Equity Acquisition Agreement," under which Winning Health plans to use its own funds of RMB 91.6667 million to acquire a 25% equity stake in Dream Sky. This acquisition will serve to supplement and promote Winning Health’s “4+1” strategy for Internet-plus healthcare services.
Winning Health Technology Group Co., Ltd. (formerly Haijinshida Winning Software Co., Ltd.) was established in 1994 and is the first listed company in China dedicated to healthcare information technology. Its product portfolio spans multiple domains, including medical services, public health services, healthcare security services, drug regulation services, primary healthcare services, regional health platforms, and wireless applications, providing professional information technology solutions for the healthcare industry.
Mengtianmen was established in 1997 and completed its joint-stock reform in 2009. It is an IT service provider specializing in e-government solutions for China’s public health sector, particularly in health supervision and disease prevention and control. Mengtianmen ranks first in national market share within the health supervision informatization segment. Its products cover national, provincial, municipal, and county levels across China, managing archives and health regulatory information for 3 million regulated entities nationwide, as well as personnel records for 4 million individuals.
Winning Health’s “4+1” Strategy for Internet + Healthcare Services
With the rise of “Internet + Healthcare,” Winning Health Technology Group Co., Ltd. (formerly Winning Software) was officially renamed in January 2016. Following the rebranding, Winning Health is set to inject fresh internet-driven vitality into the healthcare industry.
Winning Health’s “4+1” Internet + Healthcare Services Strategy encompasses five components: Cloud Medicine, Cloud Wellness, Cloud Insurance, Cloud Pharmacy, and an Innovation Service Platform.
Winning Health Cloud: Winning Health Cloud HIS, Nali Health, and the Winning Health Cloud Hospital Platform connect hundreds of medical institutions to operate cloud hospitals on a market-oriented basis;
Yunkang: Launched mobile apps for health service platforms including Kangxin, Yunlebao, Jiankang, and Zhenjie, focusing on chronic disease management and diagnostic and treatment services.
Yunyao: Partnered with Guoyao Health, invested externally in Key World Circle, developed the Yunyiyao Platform to provide online pharmaceutical services, and leveraged the "Key Card Claims Direct Payment Platform" to offer online medical payment services;
Yunxian: The company participated in initiating the establishment of a mutual cooperative for internet property insurance, venturing into the insurance and financial services sectors to create a comprehensive ecosystem integrating insurance, services, and health.
Establish an integrated online-offline healthcare information service system encompassing four dimensions: medical care, pharmaceuticals, health management, and insurance.
2016: Winning Health Accelerated Its Industrial Layout
From Winning Health’s “4+1” strategy for its Internet + healthcare services, it is not difficult to discern the company’s frequent strategic moves in 2016: In January, the company changed its name from Winning Software to Winning Health, shifting its strategic focus entirely to internet-based healthcare. Also in January, Winning Software signed a strategic cooperation agreement with Shanghai Tongji Hospital, with both parties planning toStrategic cooperation for in-depth integration across multiple areas, including the development of electronic medical records and interoperability capabilities, the establishment of a massive multi-dimensional data mining center, and the implementation of intelligent management platforms along with daily operations and maintenance.In February, Winning Health acquired Hefei Hansi (a company specializing in the development of hospital information and intelligent systems) to strengthen its “Cloud Healthcare” strategic framework. In April, Winning Health partnered with China Life Insurance to launch business collaborations in the health insurance sector, thereby reinforcing its “Cloud Insurance” strategic framework.
This strategic equity investment in Mengtianmen will enable complementary advantages between Mengtianmen’s products, R&D capabilities, and customer resources, and Winning Health’s strengths in channels, market presence, user base, and product offerings. Through integration across these areas, the parties aim to build a comprehensive healthcare information technology industry chain. These moves indicate that Winning Health is accelerating its deployment of health cloud services to further enhance its “Medical Internet+” service ecosystem.