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HEALTHCARE | Medical Facilities & Services / Hospitals

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Stage

Corporate Majority | Acquired

Valuation

$0000 

About Jiande Hexu Enterprise Management

Jiande Hexu Enterprise Management is the owner of a traditional Chinese medicine (TCM) hospital and other healthcare businesses.

Jiande Hexu Enterprise Management Headquarter Location

China

Latest Jiande Hexu Enterprise Management News

China Digest: Ironfish invests in Juwai.com; HCC picks 70% in Jiande Hexu for $73m

Dec 19, 2017

Photo: REUTERS/JASON LEE December 19, 2017 Australia’s Ironfish has made a strategic investment in Chinese international real estate platform Juwai.com, while Hospital Corporation of China has acquired a 70 per cent stake in Jiande Hexu Enterprise Management. Ironfish invests in China’s Juwai.com Australia’s Ironfish has made a strategic investment in Chinese international real estate platform Juwai.com . Terms of the transaction were not disclosed. Juwai, the exclusive international property partner of WeChat owner Tencent, attracts more than 2 million Chinese-speaking users each month and showcases 2.5 million listings from 89 countries, it said in a statement. Ironfish CEO & Founder, Joseph Chou said, “We like the people behind Juwai; we share similar values and feel that we complement each other’s business. This investment represents one of our strategies for the growth of the Ironfish business. It’s a strategic step towards our future expansion.” “At Ironfish, while our Chinese buyers represent only a portion of our overall customer base, we still see very strong demand of Chinese customers coming to purchase property in Australia – whether it’s to buy property for their children to live in when they come here to study, or for when they migrate, or simply as an investment. We see that demand will continue,” he added. Ironfish is a property investment group with 14 offices in Australia and China, development arms in Melbourne, Adelaide and Perth. HCC acquires stake in Jiande Hexu for $73m Hony Capital -backed Hospital Corporation of China (HCC) has acquired a 70 per cent stake in Jiande Hexu Enterprise Management , owner of a traditional Chinese medicine (TCM) hospital and other healthcare businesses, for RMB483 million ($73 million). The purchased assets include Jiande Hospital of Traditional Chinese Medicine, a privately-held TCM general hospital in Hangzhou; DJ Medicines, a distributor of pharmaceutical products to Jiande Hospital, and DJ Pharmaceutical Technology. Upon Completion, Jiande Hexu will become an indirect wholly-owned subsidiary of HCC. Also Read:

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