[ET Net News Agency, 14 November 2018] Ping An Healthcare And Technology Company
Limited (01833) announced that Ping An Health Cloud, a wholly-owned subsidiary of the
company, entered into a partnership agreement with Ping An Life Insurance, Ping An Decheng
and Ping An Capital, in relation to the formation of an investment fund. The investment
fund has a fundraising capital of RMB501 million.
The term of the investment fund is seven years. The investment fund will engage in the
equity investment or equity investment management of target companies, including (i)
suppliers of vertical segmentation of medical health; (ii) enterprises which have big data
of health industry; (iii) medical service providers; and (iv) pharmaceutical suppliers of
medical equipment. (RC)