China's largest AI medical company WeDoctor Holdings has submitted its application for listing, with AI medical services accounting for nearly 80% of its revenue.
31/12/2024
GMT Eight
On December 31, Wei Yi Holdings submitted an application for listing on the Hong Kong Stock Exchange.
According to the prospectus of the Hong Kong Stock Exchange: In 2021, 2022, and 2023, Wei Yi Holdings' revenues were RMB 962 million, RMB 1.368 billion, and RMB 1.863 billion respectively. In the first half of 2024, revenue reached RMB 1.818 billion, a year-on-year increase of 107.4%, with revenue from artificial intelligence medical services reaching RMB 1.44 billion, accounting for nearly 80%.
According to research data from Frost & Sullivan, based on the revenue in 2023, Wei Yi Holdings is the largest provider of artificial intelligence medical health solutions in China, with the highest market share.