(31 August, 2016, Handan) Universal Medical Financial & Technical Advisory Services Company Limited (“Universal Medical”) and Handan First Hospital today officially signed the agreement pertaining to the Eastern Branch Project in Handan City, Hebei Province. Those who attended include Mr. Wang Huiyong, Mayor of Handan, Mr. Wu Jinliang and Mr. Song Rentang, Deputy Mayors of Handan, Mr. Guo Weiping, CEO of Universal Medical, Mr. Yang Jingyao, Deputy General Manager of Universal Medical, Mr. Zhou Haiping, Director of Handan Health and Family Planning Commission and Mr. Liu Jixiang, Party Secretary and Director of Handan First Hospital.

Handan, the southern gateway of “Integration Strategy of Beijing-Tianjin-Hebei”, locates at the junction of four provinces including Shanxi, Hebei, Shandong and Henan and shoulders the social responsibility of healthcare security of the surrounding areas. Handan First Hospital is a large-scale Class-3 Grade A comprehensive hospital integrating treatment, education, research, prevention, health care as well as rehabilitation and also the first to have been a 3A hospital in Handan. As the affiliated hospital or teaching center of as many as 7 local medical schools, Handan First Hospital has achieved great performance in various fields such as treatment, teaching, research and healthcare service under the guidance of municipal health department, winning complete trust of local residents.

China General Technology Group (“Genertec”), controlling shareholder of Universal Medical, is a key state-owned enterprise under the direct administration of central government and also a Global 500 Company. Following the guidance of SOEs reform especially healthcare enterprise reform, Genertec sticks to an internationalized and professional development path and has been committed to becoming an important social power to responding and promoting national healthcare reform. Under the leadership and support of Genertec, Universal Medical experiences over 10 years of progress and has established various business cooperation relationships with over 1300 hospital customers from 30 provinces in China. The company has also set up strategic partnerships with dozens of world famous healthcare services institutions and strives to become a full-chain health group which integrates healthcare, elderly care and insurance by innovative efforts.

Handan municipal officials believe that, the alliance between giants to establish an eastern branch of Handan First Hospital will surely promote Handan healthcare industry, representing a solid step forward in the awaited new branch construction. The project as one of the “Ten Civil Engineering Constructions”, has been put into “Report on the Work of Handan Government 2016”. The new branch with 3000 beds for treatment and 1000 for elderly care will be located at the junction of Guihua Road, Lianfang Road, Jingjiu Street and Jingshi Street, covering a vast area of 438.07 mu.

Following the path of national healthcare reform and supported by Handan municipal government, the sincere trilateral cooperation will leverage on the powerful comprehensive healthcare strength of the hospital and the diversified domestic and overseas healthcare resources and the advanced managerial expertise of the company and will surely establish a new model for cooperation between public hospitals and key SOEs. The comprehensive new branch will become a regional healthcare center and create better contribution for the livelihood of residents from neighboring provinces, Mr. Guo Weiping, CEO of Universal Medical, says on the signing ceremony.