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To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
S.F. Holding
06936.HK
Air Freight & Logistics 32.3-36.3 200 N/A 2024/11/22 2024/11/26 2024/11/27
Jiuyuan Gene
02566.HK
Biotechnology - Medical Devices 11.48-12.56 200 N/A 2024/11/25 2024/11/27 2024/11/28
Mokingran
02585.HK
Watch & Jewellery 12-14.4 200 N/A 2024/11/26 2024/11/28 2024/11/29
Summary
We are the largest online chronic disease management platform in China in terms of average MAU in 2023, according to CIC. We commenced our business with a focus on chronic disease management to address the needs of patients with chronic diseases, such as hypertension, cardiovascular and respiratory chronic diseases. Leveraging our chronic disease management platform, we are dedicated to providing tailored medical care and precision medicine for a growing population of chronic disease patients, with a view towards extending our services to a wider range of disease areas.

To address the needs of patients with chronic diseases for convenient and accessible medical care services, we provide comprehensive medical services and online retail pharmacy services through our Jianke Platform. Our comprehensive medical services include follow-up physician consultations and e-prescription services conducted by registered physicians and in-house medical professionals through our hospital-to-home (“H2H”) service platform. We also provide online retail pharmacy services, offering a wide range of pharmaceutical and healthcare products directly to our customers. Our comprehensive medical services and online retail pharmacy services are supported by our chronic disease management service center and robust pharmaceutical supply chain.

In addition, our platform’s large and active user base allows us to effectively connect and engage with doctors and patients, providing them targeted medical knowledge and content. By leveraging these powerful network effects, our platform provides pharmaceutical companies with customized content and marketing solutions to better inform physicians and patients about chronic disease conditions and treatment options, as well as increase disease awareness among the public.

Leveraging our technological capabilities, we provide digitalized solutions for key participants in the healthcare industry.

OUR BUSINESS AND VALUE PROPOSITIONS

We have established a full-service online chronic disease management platform that provides significant value to key participants in the chronic disease management industry. Our large customer base anchored in “real world” physician-patient relationships, long-term collaboration with leading pharmaceutical companies, and highly efficient business operations have positioned us to capture these opportunities and bring value to industry participants.

Our online chronic disease management platform primarily provides the following services. For details, see “Business—Our Online Chronic Disease Management Platform.”

‧ Comprehensive Medical Services. Our H2H services enable patients and physicians to engage in online follow-up consultations, typically after initial in-person consultations, and physicians can issue e-prescriptions through our H2H service platform, which are fulfilled through our pharmaceutical supply chain. Our H2H service platform was launched to address chronic disease patients’ treatment needs created by the lack of ready access to reliable medical resources in China, and to capitalize on the burgeoning demand for remote consultations driven by its accessibility, flexibility, reduced outpatient waiting time and cost-effectiveness. We provide a package of services to patients on our H2H service platform, including online consultation, e-prescription and sales of pharmaceutical and other products, and charge them a service fee based on the services used. This service fee is comprised of online consultation fees, e-prescription service fees, and sales of pharmaceutical and other products. Apart from the aforementioned charges, there are no other fees payable by patients or registered physicians to us for the use of our H2H service platform.

As a complement to our online services, we also provide medical services offline at Jingtai Hospital and Qishi Hospital. Our offline hospitals generate revenue mainly from provision of medical services, such as consultation, health check-up, treatment and prescription services. For each year during the Track Record Period, revenue generated from the provision of offline medical services at our offline hospitals represented less than 1.0% of our total revenue, which was insignificant to our overall business. For details, see “Business—Our Online Chronic Disease Management Platform—Comprehensive Medical Services—Our Offline Hospitals.”

‧ Online Retail Pharmacy Services. We provide various healthcare products through our online retail pharmacy service platform, along with convenient home delivery for our customers through qualified third-party couriers. This allows patients to ensure the continuity of their medications and treatments without the inconvenience of arranging for hospital appointments. We also offer home-use medical devices and accessories, nutritional supplements and other wellness products. We generate revenue from the sales of such pharmaceutical and healthcare products on our platform. To facilitate the purchase of prescription drugs, we also provide e-prescription assistance services, which are typically offered in conjunction with the sales of prescription drugs, and this package is recorded as part of our online retail pharmacy services revenue. Apart from the aforementioned charges, we do not charge customers any additional fees for our online retail pharmacy services. We also operate a number of offline pharmacies, which made insignificant revenue contributions during the Track Record Period.

‧ Customized Content and Marketing Solutions. We provide pharmaceutical companies with a variety of customized content and marketing solutions to better inform physicians and patients about chronic disease conditions and raise awareness about treatment options. These services were introduced after recognizing that such needs of pharmaceutical companies can be addressed by leveraging the large and active user base on our Jianke Platform. Our academic community services facilitate knowledge among physicians through publication of medical news articles and short videos on our Jianke Platform, hosting online medical conferences, and physician live stream video sessions with specialist physicians. Our patient community services offer relevant educational content according to the interests of our patient users. Our users have complimentary access to such contents published on the Jianke Platform, and we charge service fees to pharmaceutical companies on a case-by-case basis. We also provide other solutions such as search engine optimization, provision of medical surveys, and distributor data integration services. Our customized content and marketing solutions business line serves as an extension of our supplier management strategy by forging mutually beneficial and synergistic relationships with pharmaceutical companies who are our suppliers.



Source: Fangzhou (06086) Prospectus (IPO Date : 2024/06/28)
Listing Market MAIN
Industry Health Care Services
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders Crescent China Investment Management Ltd. (32.64%)
XIE Fangmin (20.64%)
ZHOU Feng (17.65%)
Asia Tech Investments Ltd. (8.72%)
Directors XIE Fangmin (Founder and Chairman and Chief Executive Officer and Executive Director)
ZOU Yuming (Chief Financial Officer and Executive Director)
ZHOU Feng (Chief Strategy Officer and Executive Director)
David McKee HAND (Non-Executive Director)
KANG Wei (Independent Non-Executive Director)
WANG Haizhong (Independent Non-Executive Director)
ZHU Xiaolu (Independent Non-Executive Director)
Company Secretary ZOU Yuming
Ng Sau Mei
Principal Bankers China Merchants Bank
HSBC Bank (China) Company Limited
Solicitors Zhong Lun Law Firm
Conyers Dill & Pearman
Kirkland & Ellis International
Auditors KPMG
Registered Office 31st Floor, Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address http://investors.jianke.com
Email Address
Tel No
Fax No
 
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