Mr. Guo Weiping, CEO of the Company and Ms. Peng Jiahong, CFO and Deputy General Manager of the Company

On 11:00 a.m. of 24th August 2016, Universal Medical Financial & Technical Advisory Services Company Limited ("Universal Medical" or "the Company"; stock code:2666) gives a press conference on 2016 interim results in Conrad Hotel, Hong Kong. On behalf of the management, Mr. Guo Weiping, CEO of the Company, and Ms. Peng Jiahong, CFO and Deputy General Manager of the Company, attend the press conference.

During the conference, the CEO addresses to the participants on the Company’s operation results for the six months ended 30 June 2016 (the reporting period) and future prospects. Meanwhile, the CFO presents the Company’s interim financial performance comprehensively.

The press conference of Universal Medical has attracted hundreds of investors, analysts and friends from the Hong Kong press. In Q&A section, the management also specifically answers questions from investors and analysts.

Q&A Section

According to the interim results released on 23th August, 2016, for the six months ended 30 June 2016, the revenue of the Company amounted to RMB1,251 million, representing an increase of 27.4% as compared to that for the corresponding period of last year. Profit before tax was RMB547 million, representing an increase of 48.7% as compared to RMB367 million for the corresponding period of last year. The gross profit of the Company together with its subsidiaries for the period amounted to RMB785 million, representing an increase of RMB245 million, or 45.3% as compared to that for the corresponding period of last year.

In the first half of 2016, the healthcare financial business of the Company continued to grow rapidly. The gain on interest-earning assets increased slightly while the cost of interest-bearing liabilities substantially decreased. The net interest spread recovered from 2.49% in the first half of 2015 to 3.16% in the same period of 2016. Meanwhile, the gross profit from clinical department upgrade amounted to RMB60 million, representing an increase of 122.5% compared to the same period of last year. The Company’s asset quality remained healthy, representing a leading position in the industry.

The Company continued to expand its healthcare resources platform and enhanced its abilities to provide integrated healthcare services, laying a foundation for the development of hospital investment and management business. The Company entered into a framework agreement with the First Affiliated Hospital of Xi’an Jiaotong University in connection with the joint establishment and operation of the International Land Port Hospital and a few months after that, entered into a framework agreement with the Second Affiliated Hospital of Zhengzhou University in connection with the joint establishment and operation of the International Airport Hospital. The new model combining industry with finance which integrates capital, advisory, management as well as technology services has come into form and laid solid ground for the Company’s sustainable and rapid development.

During the conference, the management has an in-depth discussion on topics like the Company’s medical technology services capability, hospital investment and management business, medical resources platform establishment and future outlook, which receives wide recognition and thunderous applause from the participants.

The management also states that in the years to come, the Company will continue to carry on integrated development strategies. The Company will firmly seize the golden opportunities in China’s healthcare and elderly care market to achieve stable development in healthcare financial business and strengthen profitability while maintaining the assets structure of good quality. The Company will proactively enhance its healthcare technology service capabilities, further expand its healthcare resources platform as well as service scope in clinical department upgrade. Meanwhile, the Company will also devote great efforts to its hospital investment and management business with continued innovations and improvement on cooperation models, further expand professional talents pool and continue establishing regional healthcare resources network so as to promote the growth potential and operating efficiency of the Company.