US Stocks: Preview of New Stocks | $800 Billion Health and Wellness Market Welcomes Innovator "Xi Anjian Health" for US IPO

On December 4th Beijing time, "Xian Health", a health technology company under the Mountain Island Sea Group, officially released its prospectus for IPO on the US stock market, marking another step closer to its listing on NASDAQ. According to a recent report and outlook on the IPO market in Mainland China and Hong Kong in 2024 released by Ernst & Young, the activity of Chinese companies going public in the US is accelerating. This year, it is expected that a total of 53 Mainland China and Hong Kong companies will debut on the US stock market, showing a trend of diversification in industries going public in the US. "Xian Health", which released its prospectus for IPO, is a comprehensive service platform with health management services at its core. Its core business includes providing health solutions for middle-aged and elderly groups in China, covering comprehensive health management services, health products, accommodation services, and health holiday camps. According to public information, the proportion of the population in China aged 65 and over is currently 14.2%, and this aging process is accelerating. By the end of 2021, the total population of China was 1.4126 billion, with over 200 million people aged 65 and over. According to data from the National Bureau of Statistics of China, in 2020, the proportion of the population aged 60 and over in China was 18.7%, and this proportion is expected to reach nearly one-third by 2050. The change in population structure is behind a significant "demand gap" and a huge growth space in the health management market. According to the forecast of the "China Health Industry Development Report", by 2025, the scale of the health management market in China is expected to reach 8 trillion RMB. In this market background, the one-stop health management service model of "Xian Health" has experienced rapid development. Currently, the elderly care market in China is mainly dominated by single products and services, but market demand is gradually moving towards diversification and integration. The elderly population not only needs traditional medical and elderly care services, but also pays increasing attention to mental health, leisure and entertainment, social activities, and personalized health management. These demands are driving the elderly care market towards more comprehensive and higher-quality services. The market positioning of "Xian Health" is to become a leader in health management services for middle-aged and elderly people in China, with the core target group being middle-aged and elderly people aged 50-75. By providing comprehensive health management services, "Xian Health" improves the quality of life of middle-aged and elderly people, and combines traditional health services with modern technology to meet the growing demand for health management. The comprehensive health management model is the core business of "Xian Health", integrating preventive health measures, routine health checks, mental health support, lifestyle management, health tourism, and various daily health products. In terms of business composition, the main business of "Xian Health" is divided into five major sections: health management services, select shopping mall, customized health care camps, hotel booking services, and health food products. According to the prospectus data, as of June 30, 2023, "Xian Health" achieved a total income of 7,553,043 US dollars from the five major sections. By June 30, 2024, this level had reached 12,737,756 US dollars, an increase of 68.64% during this period. In terms of profitability, the gross profit margin as of June 30, 2023 was 43.86%, and by June 30, 2024, the gross profit margin had increased to 54.52%. While the revenue scale is steadily expanding, the level of profitability is also increasing, showing a rapid development trend of "both quantity and quality", which is in line with the overall trend of the elderly care market in recent years. For future development, "Xian Health" stated that it will continue to invest in technological innovation, optimize supply chain management, improve service quality, expand the variety of services, enhance the training and development of the health management team, and ensure the provision of industry-leading services. In addition, digital transformation is key to the future development of "Xian Health". It will utilize the latest information technology, such as artificial intelligence, big data, and cloud computing, to optimize customer health information management and improve the personalization and efficiency of services. With diversified and integrated market demand, as well as policy and technological support, "Xian Health" is expected to play an important role in this rapidly developing market, providing high-quality elderly care services to an increasingly wide range of middle-aged and elderly people. In the future, there is also hope to expand the customer base from the current middle-aged and elderly to a more extensive range of middle-aged and elderly people, parent-child families, and other broader groups.