The Group is a nationally renowned ophthalmology medical service group leading in North China. The group was founded in 1988 in Baotou, Inner Mongolia, to provide ophthalmology services to a clinic. The Group has always adhered to the vision of “becoming a global leader in happy eye health” to provide patients with a safe, secure and happy eye care environment, professional and effective equipment technology, and a caring and humane service experience. The Group's revenue comes mainly from (i) consumer ophthalmology services and (ii) basic ophthalmology services. Consumer ophthalmology services include treatment and prevention of various types of ophthalmic abnormalities, including refractive correction (including correction of presbyopia), prevention and control of myopia, and provision of optometry products and services. The cost of such services is currently not covered by public health insurance schemes. Basic ophthalmology services include treatment of various common eye diseases such as cataract, glaucoma, strabismus, fundus diseases, ocular surface diseases, orbital diseases, and pediatric eye diseases, which are generally covered by public health insurance plans. In view of the increase in consumer demand in China in recent years, the Group plans to focus more strategically on the consumer ophthalmology service business and invest more energy in continuing its rapid growth while maintaining its basic advantages in the basic ophthalmology business. The Group's patients are treated by ophthalmologists equipped with advanced technology and equipment. The Group has many ophthalmologists with medical expertise and extensive experience. Advanced technology and equipment is another key factor in consolidating market leadership. Baotou Hospital is the only ophthalmology hospital in Inner Mongolia with a pharmacy that produces homemade traditional Chinese medicine capsules and eye drops. It is also one of the few medical service providers in China that can produce 0.01% atropine sulphate eye drops prescribed by relevant hospitals to prevent and control myopia in young people. The Group believes that its ability to make homemade medicines will help it enhance brand awareness and customer loyalty, thereby bringing the Group a competitive advantage and increasing overall revenue in myopia prevention and control. The Group believes that the following competitive advantages can set it apart from its competitors: As a leading ophthalmology medical service group in North China, the Group is in an advantageous industry position to seize the huge demand for ophthalmology services in the vast market. The Group's clustered operating model helps improve market penetration, operating efficiency and profitability. The Group's centralized and standardized management system makes the business model scalable and replicable. The Group has a high-level medical professional team and a complete personnel training system, which is the foundation for its development. The Group creates excellent customer satisfaction with comprehensive, full-process clinical ophthalmology treatment services. The Group is strongly supported by an experienced management team and shareholders.
No Data