New Stock News | Healthy 160 Hong Kong Stock IPO Approved by China Securities Regulatory Commission

On September 24th, the International Cooperation Department of the China Securities Regulatory Commission issued a notice of filing for overseas issuance and listing for 160 Health International Limited. The company plans to issue up to 61,452,500 shares of overseas listed common stock and list on the Hong Kong Stock Exchange. The prospectus shows that 160 Health is a leading digital medical and health service platform in China. The company connects medical and health institutions, medical staff, and individual users, building a seamless integration of online and offline channels for medical and health comprehensive services. The company's platform offers a variety of medical and health services, including serious medical and consumer medical services. According to Frost & Sullivan data, the company is the largest digital medical and health service platform in the Chinese digital medical and health comprehensive service industry in 2022. As of June 30, 2023, the company's platform has connected more than 30,000 medical and health institutions, including over 14,000 hospitals (including 3,295 tertiary hospitals) and over 16,000 grassroots medical and health institutions. As of the same date, approximately 6,600 private institutions among the company's cooperating medical and health institutions primarily provide consumer medical services such as dental, ophthalmology, and physical examination services. In addition, the company has established partnerships with over 720,000 medical staff.