Announced

CITIC completed a $100m investment into Meizhong Jiahe Hospital Management.

Synopsis

CITIC Industrial Investment, a subsidiary of CITIC Securities, completed a $100m investment into Meizhong Jiahe Hospital Management, a management services provider to hospitals and a subsidiary of Concord Medical Group. “We are excited and honored to have such a strong partner to make a significant investment in Meizhong Jiahe, which can support the opening of our Guangzhou Cancer Hospital this year and the operation of our other medical institutions,” Jianyu Yang, Meizhong Jiahe Hospital Management Chairman and CEO.

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