Beijing Business News (Reporter Yao Qian) May 19wemixplatformA reporter from the Beijing Business Daily learned that Zhuozheng Medical Holdings Co., Ltd.(hereinafter referred to as "Zhuozheng Medical"), a private mid-to-high-end comprehensive medical service institution, submitted a prospectus to the Hong Kong Stock Exchange, and Haitong International and Puyin International served as co-sponsors of the listing.

It is reported that the net proceeds from this IPO will be mainly used to upgrade existing medical service institutions, establish new medical service institutions, acquire well-performing medical service institutions in first-tier cities and new first-tier cities, upgrade information technology systems, and use them as Working capital and other general corporate purposes.

Zhuozheng Medical was established in 2012 and mainly serves the mid-to-high-end medical market. Zhuozheng Medical adopts a family medical model to provide multi-specialty services such as pediatrics, dentistry, and ophthalmology. From 2021 to 2023, Zhuozheng Medical achieved revenue of approximately 4% respectivelywemixplatform.17 million yuan, 473 million yuan, and 690 million yuan; losses in the same period were approximately 251 million yuan, 222 million yuan, and 353 million yuan respectively.