Dean Diagnostics Announcement: Cooperation with Ali Health Strategy

Dean Diagnostics recently released a strategic cooperation announcement with Ali Health Information Technology Co., Ltd. The details of the announcement are as follows:

Announcement on Strategic Cooperation with Ali Health Information Technology Co., Ltd.

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there is no falsehood.

Documented, misleading statements or major omissions.

On March 30, 2015, Zhejiang Dean Diagnosing Technology Co., Ltd. (hereinafter referred to as “Company” or “Dian Diagnostics”) and Ali Health Information Technology Co., Ltd. (hereinafter referred to as “Ali Health”) signed the “Strategic Cooperation Framework”. The agreement aims to establish a long-term strategic partnership and jointly explore the "international inspection agency's Internet operation model."

First, the basic situation of the partner

Ali Health (H-share stock code: 00241), a Hong Kong-listed company controlled by Alibaba Group, has a professional technology research and development team, focusing on technology leadership, service awareness, scientific management, relying on cloud technology and data technology, effective Integrating medical and health resources, we are committed to building the safest, most professional and most convenient health e-commerce ecosystem for Chinese people. There is no relationship between Ali Health and the company's controlling shareholder, actual controller and directors, supervisors and senior management.

Second, the progress of cooperation

On March 30, 2015, the company and Ali Health signed the “Strategic Cooperation Framework Agreement”. On the platform of Ali Health Cloud Hospital, the two parties will make full use of the new mobile internet technology, and take advantage of their respective operating modes and technical resources to break through e-commerce. The limitations in the medical field truly realize the accessibility of mobile Internet medical treatment and the medical precision through medical diagnostic technology and services. The two sides will work to establish long-term, stable, mutually beneficial and win-win partnerships, participate in the promotion of future medical reforms, and create a model for medical and health industry cooperation.

The cooperation will be based on the platform of Ali Health Cloud Hospital. The company provides “package” and “one-stop” Internet inspection services, and launches various tailor-made independents according to the personalized and diversified needs of the cloud hospital platform. The comprehensive service plan under the Internet mode of the inspection organization meets the multi-level and diversified needs of the cloud hospital platform. The main cooperation contents are as follows:

(1) Dean Diagnostics flagship store stationed in Ali Health Cloud Hospital platform

The two parties will make full use of the advantages of both parties to carry out in-depth cooperation on the platform of Ali Health Cloud Hospital, and comprehensively promote the contents of various third-party services provided by Dean Diagnostics through the establishment of flagship stores.

(2) Both parties jointly promote the realization of the Internet operation mode of inspection agencies

The two parties will implement the Internet operation mode of the independent inspection organization based on the cloud hospital platform, provide online and offline services for the resources and customers of the cloud hospital, and work closely together in various links to continuously optimize and improve business processes, information systems, supporting facilities, etc. The information of both parties is highly shared and all links are seamlessly connected.

(3) Both parties actively promote the Internet inspection service model

The two sides agreed to fully integrate the resources of all parties, organize various marketing activities, and give priority to technical and human resources, publicize and promote the products and services of both parties, so as to promote customer understanding, recognition and acceptance.

Third, the purpose of this cooperation and the impact on the company

Alibaba Health Cloud Hospital platform will be positioned to “integrate medical system, full chain resources, and provide a comprehensive network of medical services”. The business covers doctors, medical institutions, patients, medical insurance, inspection and imaging diagnosis, and health management. A series of links, such as cloud pharmacies, will actively promote the cooperation of secondary and tertiary medical institutions while attracting grassroots medical institutions, and become a referral platform among grading medical institutions. The platform builds a cloud-supported medical practice platform for doctors. It is a full-process support system that allows doctors to “stay in the bag” and work without worry. It will help private clinics and multi-point practitioners to establish brands and use them. The Internet approach helps doctors improve their service to patients; it is an integrated online hospital that integrates online and offline resources to enable patients to enjoy high efficiency and high quality medical services.

This cooperation has a profound impact on the company. The specific value is reflected in:

1. The two sides will explore the operation mode of the independent inspection organization applied to the Internet medical treatment on the platform of the cloud hospital, and upgrade the company from the traditional offline B2B to the complete Internet medical service provider and line based on the Internet and using BtB2C to achieve B2B2C peer-to-peer. The service provider, through the online and offline convergence service based on the cloud hospital platform, truly upgrades from point-to-point service to cloud-based on-demand service;

2. The company's independent inspection agency's Internet operation mode has made the mobile Internet medical treatment process more complete. It is an important functional support partner of the platform, which is conducive to the successful operation of the platform and attract more quality doctors/hospitals to join the platform; The comprehensive promotion of medical care will effectively agglomerate primary medical resources and facilitate the further expansion of the business of independent inspection agencies;

3. The two parties will realize the sharing of medical resources under the conditions of mutual benefit and mutual trust, and carry out various forms of marketing activities on a regular basis, and use their respective advantages to adopt online and offline activities to establish brand alliance and brand advantages, which is beneficial to independent inspection agencies. Brand promotion of related businesses such as Internet operations and clinical application of professional diagnostic techniques;

4. Mobile Internet Medical will effectively promote the further transformation and upgrading of the operation mode of the company's independent inspection organization, comprehensively understand the customer experience of Internet medical treatment, explore the overall solution of medical diagnosis O2O service model and the value mining of medical information ; the company will rely on resource technology Advantages, while leveraging Ali's cutting-edge cloud technology and data technology, actively explore multi-platform construction such as smart healthcare, and further realize the strategic goals of mobileization, platformization, and big data. The cooperation between the company and Ali Health has successfully linked the medical health of the two sides and laid a solid foundation for jointly creating an intelligent, convenient and safe independent inspection agency Internet model. With the rapid development of the medical and health industry, both parties will have more room for development.

Fourth, risk tips

This project is the cooperation of the Internet medical operation mode based on the cloud technology platform. The success of the platform application promotion and the compliance of the mobile Internet medical operation mode with the current policy still have a certain degree of uncertainty.

V. Other relevant instructions

In accordance with the "Articles of Association" and the regulatory requirements of listed companies, the company will make continuous disclosures based on the progress of the follow-up cooperation between the two parties, and investors are advised to pay attention to investment risks.

VI. Documents for reference

1. Strategic Cooperation Framework Agreement

Special announcement.

Zhejiang Dean Diagnostic Technology Co., Ltd.

Board of Directors

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