Recently, Chenzhou Sinopharm Fuxin Pension Industry Development Co., Ltd. was founded, marking that state-owned capital of Chenzhou City has officially entered the health care industry.

In order to promote the transformation and development of municipal enterprises and cultivate new economic growth points, Chenzhou SASAC actively introduced Sinopharm Group to invest in Chenzhou, and facilitated the signing of cooperation agreement between Municipal State Investment Corporation and Sinopharm Fuxin Pension Industry Co., Ltd. in the near future. According to the agreement, the two sides jointly invested 20 million yuan to establish a health care platform (including 10.2 million yuan of Municipal State Investment Corporation, holding 51 percent), operated by a professional team of Sinopharm Fuxin Company, to develop health care industry in Chenzhou and build a state-owned brand.

At present, the contradiction between the supply and demand of health care for the aged in Chenzhou City is prominent, and the beds for the aged are relatively tense, which is difficult to meet the needs of the aged. The business of Chenzhou Sinopharm Fuxin Pension Industry Co., Ltd. involves in the fields of intelligent pension, training for the aged talents, pension services, research and development of pension rehabilitation equipment, etc., which will effectively relieve the pressure of the aged in Chenzhou City.