Stock Code: 00419.HK
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Internet Healthcare
The Group has resolutely implemented its strategic layout in the areas of internet pharmaceutical and healthcare services in the PRC, whose market has the biggest potential of growth in the world. Thanks to a string of reforms carried out by the Government of the PRC in the field, the industry is now on the highway to digitalization. In April 2021, the Group has acquired “Echartnow”, a pharmaceutical digital operation service platform. In October 2021, together with industry elites, the Group has formed a joint venture “Meerkat Health” which focuses on smart health management. Through the aforementioned moves, the Group has formally set foot in the internet healthcare market and has been actively seizing the ‘‘first mover’’ advantage.
“Echartnow”, a pharmaceutical digital operation service platform
“Echartnow” is strategically positioned as a partner for digital operation in healthcare industry. With a focus on the healthcare industry, it is committed to promoting the digital transformation of healthcare companies, providing digital operational solutions for these companies across the entire development cycle through its online and offline synergistic development. Leveraging on various self-developed products such as the “Cistanche” digital operational platform and the introduction of AI capabilities, it empowers doctors, patients, pharmacies, healthcare companies and other ports to effectively connect with each other and carry out private domain operation in all scenarios. Based on the TOB strategy, “Echartnow” has been dedicated to building a healthcare service platform encompassing all scenarios, and a healthcare services ecosystem that covers the entire industry chain. It has established nine operation centers in 27 provinces across China. As a partner for digital operation in healthcare industry, “Echartnow” adheres to the philosophy of “symbiosis, joint efforts, and win-win” with its partners to promote digitalisation of the healthcare industry, with the aim of making healthcare “specialist” and healthcare service accessible to everyone.
For further information, please visit https://www.echartnow.com.
“Meerkat Health”, a smart health management platform
With the strategic positioning of being ‘‘a full-life-cycle and full-scene healthcare management services platform with the supply chain as its core, the medical services as its means and the digital technologies as its drive’’, and its value proposition of bringing about good drugs, good services, good health, good family and good technology, ‘‘Meerkat Health’’ is dedicating itself to offering all-round healthcare services which cover the entire course and cycle to everyone and building a leading C2M innovative healthcare services platform in the PRC:
 
  • Healthcare Consumption: an industry-leading smart supply chain system, covering omnichannel drugs, medical equipment, dietary supplements, nourishing products and other health-related products, and providing offline self-run and franchised pharmacies with a digital intellectualised and one-stop omnichannel solution
  • Meerkat Health has officially launched its private e-commerce platform business in June 2023 under the name ‘‘HT Selected’’. ‘‘HT Selected’’ adopts the ‘‘S2B2C’’ business model, where S (Supplier) refers to the front-end supply chain, including brands, self-supply chain and large-scale agents; B (Business) is the TOC-promoting entrepreneurs, and C (Customer) is the end-users. Through the ‘‘S2B2C’’ model, ‘‘HT Selected’’ shortens the distance between the supply and demand sides, creating a new value model for users and entrepreneurs. ‘‘HT Selected’’ is modelled on the supply chain mechanism of pharmaceutical products to establish a ‘‘headquarters selection mechanism’’, providing a three-tier traceability mechanism of ‘‘source + quality inspection + evaluation’’ to ensure the quality of the platform’s products.
  • Medical Services: The core business is the online appointment services for vaccination. With family and preventive medicine as the core, ‘‘Meerkat Health’’ builds a science knowledge and consultation service platform for vaccination, provides diversified health screening, preventive vaccination and antibodies testing products, constructs an online and offline integrated online vaccination appointment service, and provides early screening and preventive healthcare services for its wide range of users.’’
  • Healthcare Management: The business pathway is to contract offline medical institutions to transform and upgrade their body check centres into digital intellectualised health management centres and provide aftercare health management services to users. The ‘‘Meerkat Health’’ digital intellectualised body check services cover 49 hospitals, including grade A tertiary hospitals like Tianjin First Central Hospital, with steady progress in the business implementation.
For further information, please visit https://www.menggejk.com.