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freestripholdem| Zhuozheng Medical sprint to list on Hong Kong stocks

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Beijing Business News (Reporter Yao Qian) On May 19, a reporter from Beijing Business Daily learned that Zhuozheng Medical Holdings Co., Ltd.(hereinafter referred to as "Zhuozheng Medical"), a private mid-to-high-end comprehensive medical service institution, submitted a prospectus to the Hong Kong Stock Exchange. Haitong International and Puyin International are responsible for this listingfreestripholdemCo-sponsors.

It is reported that the net proceeds from this IPO will be mainly used to upgrade existing medical service institutions, establish new medical service institutions, acquire well-performing medical service institutions in first-tier cities and new first-tier cities, upgrade information technology systems, and use them as Working capital and other general corporate purposes.

freestripholdem| Zhuozheng Medical sprint to list on Hong Kong stocks

Zhuozheng Medical was established in 2012 and mainly serves the mid-to-high-end medical market. Zhuozheng Medical adopts a family medical model to provide multi-specialty services such as pediatrics, dentistry, and ophthalmology. From 2021 to 2023, Zhuozheng Medical achieved revenue of approximately 4% respectivelyfreestripholdem.17 million yuan, 473 million yuan, and 690 million yuan; losses in the same period were approximately 251 million yuan, 222 million yuan, and 353 million yuan respectively.