The principal activity of the Company is investment holding. The Group is a technology-enabled solution provider. The principal activities of the subsidiaries comprise the operation of product identification, authentication and tracking systems ("PIATS") principally for the drug industry in the PRC, the construction of a medical services network, pharmaceutical e-commerce and the provision of other internet solutions for the healthcare sector.With the further implementation of China's pharmaceutical and healthcare reforms, market opportunities in the sector will continue to grow. The increase in resident income and the aging population will continue to drive increasing demand for pharmaceutical and healthcare services and products. The Internet, application of big data and new technologies will provide more solutions to satisfy the demands of the pharmaceutical and healthcare industry. Despite the fact that the policy environment of the pharmaceutical and healthcare industry is relatively complicated, and though we face many challenges in the development of our business models, we are confident that, with our experience and resources, we can unite healthcare industry participants to improve resource management, to increase efficiencies in the diagnosis and treatment of diseases and pharmaceutical distribution, and to create greater value for our society, the public and our shareholders.
updated as per Annual Report 2015/2016
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