On April 14, Malaysia Johor Roundtable Meeting with Potential Investors was successfully held in Shanghai. The Malaysian Investment Development Authority (MIDA), Johor Corporation (JCorp) and other Malaysian institutions exchanged ideas with the attendees on investment in Johor and other topics. Tan Sri Dr Ali bin Hamsa, Chief Secretary to the Government of Malaysia; Dato' Mohamed Khaled Nordin, Chief Minister of the Malaysian State of Johor; Dato' Azman Mahmud, CEO of MIDA and Dato' Kamaruzzaman Abu Kassim, CEO of JCorp were present. Mr. Jing Tian, Vice President of Sanpower Group (Sanpower), attended the meeting and delivered a speech.

(Left: Dato' Azman Mahmud; Right: Jing Tian)

As a major pivotal country along the "Belt and Road", Malaysia has maintained longstanding relation with China, and China-Malaysia economic and trade cooperation has been intensified constantly. According to a report published by Oriental Daily in November 2016, China is the second-largest foreign investor to Malaysia. At the meeting, Malaysian government officials introduced Johor's investment environment, especially its superior location and friendly policies, welcoming more Chinese enterprises to Malaysia for investment and market expansion.

In the session of interactive speech and dialogue, Jing introduced the current situation and prospect of Sanpower's business in the medical industry in Southeast Asia, expecting to work with Malaysian enterprises and institutions to extend cooperation in fields such as biopharmaceuticals, cell therapy and hospital management on the basis of Sanpower's cord blood bank resources, thus achieving win-win.

The Malaysian representatives expressed high appreciation to Sanpower's layout in the health care field, adding that Malaysia's policy environment is suitable for Sanpower's future efforts to extend its health and senior care operations and develop the high-end medical industry in Southeast Asia. They are more than willing to recommend projects and offer support for Sanpower's investment in Malaysia.