New Century Healthcare (01518.HK): Since the group's acquisition in 2018, the Chengdu New Century Maternal and Child Hospital has not contributed any operating profits to the group.

Zhixin Financial News APP News, New Century Medical (01518.HK) announced that Chengdu New Century Women's and Children's Hospital Co., Ltd. is a non-wholly owned subsidiary of the company, acquired by the company in 2018. Chengdu New Century Women's and Children's Hospital is mainly engaged in providing medical services to women and children in Chengdu, China. Due to the current economic situation, declining birth rates, and intense market competition, it is facing increasingly severe challenges. In view of the challenging operating environment, the company's board of directors has been monitoring the efficiency and effectiveness of Chengdu New Century Women's and Children's Hospital, and regularly evaluating its performance. To reduce the costs of Chengdu New Century Women's and Children's Hospital, the group has been in contact with the owners of the hospital to try rent reductions or waivers, with no results as of the date of this announcement.