China Resources and Phoenix are one of the largest medical service groups in Asia
On August 30, 2016, Phoenix Medical Group Co., Ltd. announced that following the signing of the terms and conditions on April 8 this year, Phoenix Medical and China Resources Medical Group Co., Ltd. acquired the assets and interests of Guangxing Co., Ltd., a wholly-owned subsidiary of China Resources Medical. And/or the right to manage operations to sign a formal transaction agreement sale contract. The agreement stipulates that Phoenix Medical intends to pay the consideration of the acquisition by issuing China National Health Resources (or its wholly-owned subsidiary nominated by China Resources Medical) at a price of HK$8.04 per share, for a total of approximately 463 million shares. The transaction amount is approximately HK$3.72 billion. Upon completion of the acquisition, China Resources Medical will become the single largest shareholder of Phoenix Medical, accounting for not less than 35.7% of the enlarged issued share capital of the listed company. The company will be renamed as China Resources Phoenix Medical Holdings Co., Ltd. ("China Resources Phoenix"). According to the reporter's understanding, Phoenix Medical was listed on the main board of Hong Kong in 2013. As the first Chinese hospital group listed in the international capital market, it has been a stock of the Hong Kong stock market since its listing. The target of the transfer, Guangxiong, a wholly-owned subsidiary of China Resources Medical, was established in 2011, focusing on hospital investment, construction, operation management and related extension services. It operates or manages four non-profit hospital groups (including subordinates 3). Home-based care institutions and a for-profit clinic (collectively referred to as “standard hospitalsâ€), of which 4 non-profit hospital groups are China Resources WISCO Hospital Group (“Wugang Hospitalâ€) and Huaibei Miners General Hospital Group (“Huai Mine†Hospital"), Xuzhou Mine Hospital ("Xu Mine Hospital") and Guangdong Sanjiu Brain Hospital ("Brain Hospital"), the for-profit outpatient department is Sanjiu Medical Clinic (Shenzhen) Co., Ltd. The target hospital consists of 44 medical institutions, all of which are designated units for medical insurance. As of December 31, 2015, the total number of open beds was 5,809. In 2015, the number of outpatients reached 2.39 million, and the number of hospitalizations reached 154,000. In 2015, the standard hospitals realized a total operating income of RMB 2.43 billion and a net profit of RMB 182 million. As of the end of 2015, Phoenix Medical invested in 60 medical institutions in the Beijing-Tianjin-Hebei region, including 3 tertiary hospitals, 6 secondary hospitals, 9 first-level hospitals and 42 community medical institutions. The total open bed is about 5780. Zhang. According to the number of existing hospitals and beds, China Resources Phoenix will open an actual number of 11,780 beds, which will become one of the largest medical service groups in Asia based on the number of operating beds. After China Resources was merged into Phoenix, the flagship leader of medical services was established. The previous four medical groups, China Resources, CITIC, Fosun and Peking University, were almost 6,000 beds. However, according to public data, China Resources Medical's 6000 beds have a total medical income of 2.41 billion yuan in 2015, and the average annual income per bed is 400,000 yuan. This level is only equivalent to more than 20,000 medical institutions nationwide in 2014. Average. Therefore, the development of China Resources Phoenix is ​​still facing challenges. 10mm Monopolar Laparoscopy Forceps 10mm Laparoscopy Forceps plastic and steel Tonglu WANHE Medical Instrument Co., Ltd , https://www.vanhurhealth.com