Pursuant to the Agreement, the Target will make use of Jingmu's system development expertise to build a remote medical consultation and traditional Chinese medicine direct supply platform targeting overseas customers. The Target will also help Roan and affiliated companies promote and market the scientific achievements and products of the Company's "homology of medicine and food" medical studies that aim to expand the targeted base of both domestic and overseas consumers. By setting foot in the big health and finance industries, the Target will run and manage an AI-empowered medical consultation technology system, which combines innovative insurance products that helps enrich third party administrator for group medical insurance (TPA) service system, first-tier medical and scientific research achievements that facilitate incubation of a mature healthcare financial market, a comprehensive healthcare and medicine logistic supply service system, and upgrade health care and management service quality and efficiency, according to the Agreement.
The Target, tentatively named FINE C+ Health Technology (
"Smart Cloud focuses on blockchain, artificial intelligence and medical data security technologies, as well as provides insurance technologies, whereas Jingmu helps break down time, space, culture and language and other barriers with a coverage of top domestic and overseas medical institutions, hospitals, insurance companies and biomedical enterprises, so that patients are able to get timely and accurate treatment."
"The new venture is an important project as part of Roan's overall strategic growth plan and will help consolidate the Company's foundation as Roan tries to expand its healthcare related services business. We believe this ambitious venture will best serve especially our target consumers based overseas and be able to help complete our overarching business jigsaw that targets both domestic and overseas lifestyle consumer sector, generating promising returns for Roan and its shareholders in the foreseeable future."
Jiangmu's services now cover
Founded in 2009,
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