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Beijing Health Expands Geriatric Care with New Project in Anhui Province

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Beijing Health Expands Geriatric Care with New Project in Anhui Province

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Beijing Health (Holdings) Limited ( (HK:2389) ) has provided an announcement.

Beijing Health (Holdings) Limited announced that its subsidiary, Wuxi Beikang Hongtai Geriatric Services Limited, has successfully won the bid for the Guangde Elderly Care Service Center project in Anhui Province. This project will add 290 new beds for geriatric care, increasing the Group’s total to 2,138 beds across nine healthcare institutions. The project aligns with Anhui Province’s initiative to develop Guangde City as a healthcare hub, catering to the needs of elderly populations from major cities like Shanghai and Nanjing. This expansion strengthens the company’s position in the growing geriatric care market and enhances its service offerings in a region with significant demand.

More about Beijing Health (Holdings) Limited

Beijing Health (Holdings) Limited is engaged in the geriatric care industry, focusing on the investment and operation of nursing homes. The company operates under a model of public sector construction and private sector operation, integrating medical and geriatric care. It has a strong presence in the Yangtze River Delta region and is expanding throughout China to provide quality geriatric services.

Average Trading Volume: 1,341,214

Technical Sentiment Signal: Buy

Current Market Cap: HK$533.2M

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