HK Town Health Medical Acquiring A Class A Tertiary Hospital Town Health Medical - China Life Investment Holding Enterprise - Acquiring Henan Nanshi Hospital


On December 4th, 2015, Town Health International Medical Group Limited(hereinafter referred to as Town Health Medical), a company invested by ChinaLife Insurance (Group) Company (the largest shareholder), signed an agreement with Henan University Affiliated Nanshi Hospital (hereinafter referred to as Nanshi Hospital), and then Town Health Medical will be one of its investor and shareholder. On completion of the deal, Nanshi Hospital will be the first ClassA tertiary hospital invested by Town Health Medical in mainland China. ChinaLife will explore an “Insurance plus Healthcare” cooperative model in Nanyang.A subsidiary professional alternative investment platform of China Life – ChinaLife Investment Holding Company Limited has supported and promoted the successful completion of this deal.

Nanshi Hospital was founded in 1970, it is a Class A tertiary hospitalin Nanyang, Henan Province. Its predecessor was Henan Petroleum Exploration Bureau Nanshi Hospital subsidiary Sinopec. The hospital covers an area of 79mu, with a total construction area of 55,6 thousand square meters. It offers1000/1100 authorized beds and has more than 1200 employees. The specialized subjects of hospital including department of plastic & burns surgery,department of cerebrovascular disease, department of tumor, department of bonedisease, etc., among those department of burns surgery has been listed as oneof state-level key specialties while department of cerebrovascular disease asone of province-level key specialties.