Storage of umbilical cord blood, cellular immunotherapy, gene detection, homecare and hospital. Following the gradual expansion of Sanpower Group’s big health industrial layout, its “friend circle” also expands. After signing a strategic partnership agreement with China Citic Bank in January to setup a RMB20 billion global M&A fund for bighealth, the firm signed a strategic partnership agreement on big health M&A with Hangzhou Financial Investment Group (hereinafter referred to as HFI), to set up a RMB 5 billion big health M&A fund on the 27^th.

On April 27, Zhang Jinming, the HFI Party Secretary and Chairman, along with Deputy Party Secretary and Secretary for Discipline Inspection Commission – Wang Jiahua and the Deputy General Manager – XuYunpeng and others to visit Sanpower Group. Yuan Yafei, Sanpower’s Chairman warmly received them, accompanied by the Group President – Yang Huaizhen and vice presidents – Ba Jing and Xu Ping etc.

 

The guestsfirst visited the corporate culture showroom of Sanpower Group, Brookstone Concept Store and Senior Care Command Center of Sanpower Group, to learn about its course of development and industrial layout in health, consumption and finance. At the Senior Care Command Center, the guests spoke highly of the firm’s vision after learning about the business model and operation system of its senior care business.

In order to support the “bighealth” industrial layout of Sanpower Group, leverage HFI’s financial resources and facilitate cooperation and communication between both parties in healthcare, biotechnology, senior care and other fields, Sampower Group and HFI agreed to carry out comprehensive and in-depth cooperation in big health M&A. Sanpower’s President Yang Huaizhen and HFI Chairman Zhang Jinming signed the strategic partnership agreement on big health M&A on behalf of both parties to set up a RMB 5 billion big health M&A fund. According to the agreement, HFI will integrate all kinds of financial resources to provide “one-stop” comprehensive financial services for the company and meet its multi-layer and diversified financial demands.

Then Yuan Yafei and Zhang Jinming along with their colleagues had a cordial discussion on the next stage of comprehensive cooperation. Zhang Jinmingsaid HFI’s operations include investment, financial services, public services and asset transactions with financial services at its heart. It is also where their advantage lies. Yuan Yafei said Sanpowerhas built a health ecosystem featuring “hope for the living, medical care for the sick and senior care for the elderly” through the three business segments of biomedicine, hospital management and senior care service. Sanpower will also actively engage in health care, domestic service and nursing as well as move into biotech and precision medicine to build an all-supply chain big health platform combining healthcare and senior care. He hoped HFI’s market-leading financial services would contribute to Sanpower’s efforts in big health.