On December 20th, Yi Fang Group (Yifang) formally signed a strategic cooperation agreement with the First Affiliated Hospital of Dalian Medical University (the First Affiliated Hospital), another bold move by Yifang after the founding of the Taiping-Yifang Big Health Industry Private Equity Fund with China Taiping Insurance Group Ltd. (China Taiping).
As the cornerstone of the strategic cooperation, Yi Fang Group, the First Affiliated Hospital and China Taiping plan to build the Dalian Swan Lake Medical Care Center. The parties aim at forging a model of medical care and nursing in North China and setting up a benchmark for senior living industry. Starting with the project, Yi Fang Group will roll out medical care and nursing programs in Dalian and beyond. Currently, the group is implementing similar programs in Beijing, Shanghai and Shenzhen among other cities.
As one of the top 100 hospitals in China, the First Affiliated Hospital has received countless titles and awards for its unparalleled services in the Northeast China. It is praised as the most credible medical institution in the region, and recognized as the advanced and innovative medical unit in China. The hospital does exceedingly well in medical treatment, teaching and research. There are 17 key clinical departments at national or provincial level and 8 provincial medical centers, all of which are provided with the most cutting-edge equipment. Besides, it tackles hundreds of national scientific research projects and achieves fruitful results. Thanks to the abundant medical and education resources, the hospital will provide reliable medical support to the Dalian Swan Lake Medical Care Center.
Dalian Swan Lake Medical Care Center is positioned as a middle and high-end project for senior citizens with or without the ability to care themselves. Focusing on daily care, medical treatment and nursing, the center carries out care and health management in strict accordance with the needs of the senior citizens. To guarantee the quality of services, China Taiping and Yifang have introduced the philosophy of Watermark Retirement Communities, one of the premier senior living companies in the US.
With the signing of this agreement, the First Affiliated Hospital, another Chinese health care giant, joins hand with Yi Fang Group on the big health industry. Over fifteen year’s development, Yi Fang Group has developed four core business including strategic investment, health care, real estate and education/entertainment/ sports. Its branches operate in many important cities worldwide. According to the long term layout of big health business, Yi Fang Group has invested in Jiang Zhong Group, Hequan pharmaceutical, Aeon Life Insurance among other famous enterprises. The group has also invested in Wanda Group’s sports and health projects. Besides, Yi Fang Group has established a strategic cooperation relationship with Academy of Military Medical Sciences and other well-renowned institutions. Taking advantage of its rich business resources in medical care and health management, Yi Fang Group is investing in promising innovative companies and projects, expanding and deepening its layout in the field of big health industry.
We believe, through joint efforts, Dalian Swan Lake Medical Care Center will be able to increase the elderly community’s happiness index by providing excellent and quality service in health management, medical care and nursing in an aging society. Based on the aforesaid, Yi Fang Group and the First Affiliated Hospital are making cooperation in vocational education and other supporting service of the big health industry. The two parties will make concerted efforts to deepen the cooperation, and promote the development of the big health industry in China.