[Reported by Health News] Shengkang Fund for Reform of Public Hospitals – Strategic Cooperation Agreement Signed by Shengkang International and China Merchant Bank

With the consecutive issues of Notice on Planning Outline (2015-2020) of the National Medical Service System and Implementing Opinion to the Overall Push to the Comprehension Reform of Public Hospitals at County Level, there are about 8,000 public hospitals at county level are facing the change of ownership and administrative level.

At the current stage of the reform and development for the public hospitals at county level, to select reliable and experienced partners become the most important consideration by many public hospital at county level facing the reform.

Recently, Shengkang International signed an official strategic cooperation agreement with China Merchant Bank in Xijiao State Guest House in Shanghai and launched the debut of Shengkang Fund for M&A in Medical Industry.

China Merchant Bank Signed Strategic Cooperation Agreement with Shengkang Group

To accelerate the speedy, efficient and sustainable development of the Group, to realize the effective integration of capital and business, Shengkang Group and China Merchant Bank are cooperating each other for overall financing and starting already negotiation with several public hospitals at county level with demand.

This agreement shows that the long-term, steady, good-will strategic cooperative relation is established. According to the spirit of the Strategic Cooperation Agreement, Shengkang will take CMB as its prime bank for all financial services while CMB provides Shengkang services such as cash management, finance management, account settlement, credit extension, investment bank and private financing provided that these services are in accordance with the laws and regulations by the government and rules of the bank itself. CMB helps Shengkang Group to enhance the business operation efficiency and occupy the preferential market position with fierce competition.

The Representatives Exchanges the Strategic Cooperation Agreement

To be one of the most influential commercial banks, CMB enjoys creative idea, excellent service, steady and solid operations and won the honor of Leading Commercial Bank, China’s Leading Custodian Bank, the leading annual asset management bank entitled by Financial Times, European Money, Asian Bankers and the Asset. For consecutive five years, CMB is listed top on the list of Chinese Customer’s Most Satisfactory banks and became the first priority for big scaled business group’ choice.

  The Debut of  Shengkang Fund for M&A of Medical Industry

On that day, the Shengkang Fund for M&A of Medical Industry started officially. In the future, Shengkang Fund for M&A of Medical Industry will introduce more and more banks and investment institutions to help Shengkang actively and steadily for its effort of M&A operations. To take full advantages of the reform of public hospitals, based on the reality and oriented by the market, the Shengkang Group is undertaking the strategic development direction of specialty brand chain strategy and big-scale international hospitals so as to realize a leap forward development.