Group 1 - Akso Health Group plans to make an equity investment in Deyihui, an online clinic based in China, aiming to enter the online clinic business and potentially expand to other regions if successful [1] - The management believes that the rapid growth of virtual consultations in mainland China presents a significant untapped market, allowing the company to leverage its capital resources and first-move advantage [1] - The investment in Deyihui is expected to help the company become familiar with the online clinic business [1] Group 2 - Yilin Wang, Chairwoman and CEO of Akso Health, stated the company's ambition to build a comprehensive medical technology service platform that provides reliable and efficient healthcare services, marking its active engagement in Internet smart healthcare services [2] - Akso Health Group, formerly known as Xiaobai Maimai Inc., operates a social e-commerce platform in China and has been exploring healthcare equipment and related services since the end of 2021 [3]
AHG Announces Plan to Acquire Online Clinic