December 2nd, 2013
In Beijing today, Sinophi Healthcare signed a Letter of Intent with Hongze County Municipal Government to acquire Hongze TCM Hospital in Huai’an City, Jiangsu Province.
Sinophi Healthcare Chairman Simon MacKinnon signed the LOI with Mr Liu Zeyu, Governor of Hongze County, Huai’an Municipal People’s Government and Dr Zhou Baoxiang, President of Hongze TCM Hospital. The signing took place at the Grand Hyatt Hotel in Beijing during the visit of UK Prime Minister Cameron to China to attend the UK-China Summit.
The signing was witnessed by Lord Livingston, UK Minister of State for Trade and Industry, Mr Tang Daolun, Vice Mayor of Huai’an Municipal People’s Government, and Dr Catherine Raines (Minister and Director-General of UKTI China).
Signing of Letter of Intent in Beijing between Hongze County Municipal Government, Hongze TCM Hospital and Sinophi Healthcare to acquire Hongze TCM Hospital.
Standing (L to R): Liu Zeyi (Governor of Hongze County Municipal Government), Dr Zhou Baoxiang (President, Hongze TCM Hospital) and Simon MacKinnon (Chairman, Sinophi Healthcare).
Sinophi Healthcare Chairman Simon MacKinnon stated “the signing of this agreement with Hongze District Government marks an important step in the healthcare partnership between Sinophi Healthcare and Huai’an City. We will be moving forward with Hongze District Government and Hongze TCM Hospital to purchase the hospital next year. Sinophi will be working with UK company and NHS partners, bringing together UK and international expertise with our hospital management partner (Huai’an First People’s Hospital)’s well established reputation and skills in north Jiangsu province in East China. We are very grateful for the strong support we have received from both the Huai’an Municipal People’s Government and from UK Government, especially UKTI, FCO and Healthcare UK.”
Hongze County Governor, Mr Liu Zeyu commented: “We are delighted to welcome Sinophi to invest in Hongze TCM Hospital as part of delivering further improvements to the local healthcare system and improved healthcare for the people of Hongze.”
Lord Ian Livingston (UK Secretary of State for Trade and Industry) and Tang Daolun (Vice Mayor of Huai’an Municipal People’s Government), (3rd and 4th frm left) celebrate the signing of the LOI to acquire Hongze TCM Hospital with members of the Hongze District Municipal Government, Huai’an City officials and Sinophi Healthcare at the UK-China Summit in Beijing
Huai’an City
Located in Jiangsu Province in East China, Huai’an City is a fast growing city with an urban population of over 2.5 million and an additional 3 million population in its rural areas. Sited on the Grand Canal connecting Beijing with Hangzhou (close to Shanghai), it has a long history as a trading and cultural center.
Huai’an First People’s Hospital
HAFPH is one of north Jiangsu’s leading general hospitals. Located in the city of Huai’an (urban population 2.5m, total population over 5.5m) in the province of Jiangsu (population of over 80 million) next to Shanghai in East China, HAFPH was founded in 1950. On completion of current expansion, HAFPH will have over 3,000 beds, with well known specialty departments including oncology, cardiovascular, neurology and gastroenterology.