Jiu'an Medical's overseas acquisition twists and turns to return to the main business

Jiu'an Medical once again sold the equity of overseas investment. In the context of buying and buying Chinese companies, this move is contrary to its own actions.

Behind the seemingly unusual behavior of Jiu'an Medical, there is a more common business logic: in the context of the sluggish main business, decisively divested the non-core business acquired overseas in the early years; at the same time, it is preparing to be in the main business, mobile medical field. A big show.

The twists and turns of Jiu'an Medical's overseas acquisitions are not accidental. In the context of the massive outbreak of Chinese companies and even overseas cross-border acquisitions and risk amplification, they have abandoned the temptation to return to their original hearts and refocus their main business.

This phenomenon is very worth pondering.

On the 23rd, Jiu'an Medical announced that it intends to transfer 44.36% of the shares of BloomSkyTechnologyLimited (hereinafter referred to as BloomSky) to Champion Industries Asia Limited for a price of US$22.18 million. This is one of the actions of Jiu'an Medical to continue to divest overseas non-main business.

Previously, it sold a 60% stake in iSmartAlarm, Inc., which specializes in smart security products in 2014. In the context of buying and buying Chinese companies, Jiu'an Medical is quite different.

But behind this seemingly unusual behavior, there is a more common business logic. On the surface, Jiu'an Medical is forced to sell overseas assets under the pressure of poor performance, but more important is the strategic focus - focus on the development of "mobile medical + big data" related fields.

Earlier in June, Jiu'an Medical had a non-public offering of 924 million yuan in shares, and acquired a 100% stake in eDevice, a company related to mobile medical care, making this intention even more obvious. Jiu’an stated that the goal of this increase is to achieve more than two-thirds of the company’s mobile medical revenue as a percentage of total revenue by 2018.

Good BloomSky smart weather business

BloomSky is a limited investment company established by Osiris International Cayman Limited in the Cayman Islands on November 21, 2014. It is mainly engaged in the sharing of real-time, on-the-spot and real-time weather community business by crowdsourcing. The main product BloomSky is the world's first intelligent company. Weather camera, this product features "5 in 1 weather station + HD camera to capture real-time weather data + sky photos of your location". The intelligent operation mode of BloomSky is in line with the mobile medical model pursued by Jiu'an Medical. Currently, it is to obtain revenue by selling hardware terminals to customers.

Jiu'an Medical can be said to have grown up with BloomSky. In 2014, it participated in its investment through the subsidiary Bloomsky Inc. In 2015, iHealth (Hong Kong) Labs Limted transferred all of its owned shares of BloomSky to Andon through a transfer agreement. Holdings Co. Ltd. As of September 30, 2016, Andon Holdings Co. Ltd., a wholly-owned subsidiary of Jiu'an Medical, held 5,142,857 shares of BloomSky, accounting for 44.36% of the total share capital. During the period, Jiu'an Medical introduced IDC and other star capital to join. In 2015, IDG twice increased its capital to subscribe for BloomSky shares. In the development process of BloomSky from the establishment of the past two years, Jiu'an Medical has devoted a lot of energy to this "newborn" through cooperation and support in business and other aspects.

From 2015 to the first three quarters of 2016, Jiu'an Medical continued to sell goods and provide services to BloomSky through its subsidiary Tianjin Jiu'an Medical Electronics Co., Ltd. and its iHealth Lab Inc, iHealth Labs Europe, a large part of which was credited. get on. In 2015, the total amount of goods and services provided to BloomSky was US$9.192 million, and the total amount in the first three quarters of 2016 was US$5.449 million. As of September 30, 2016, BloomSky’s payables to Jiu’an Medical reached US$767,500, compared to its annual (Based on 2015), the operating income of $300,000 is not a decimal.

Disposable Endotracheal Tube

and are supplied sterile.

airways are single use, latex free and are supplied sterile.

Most endotracheal tubes today are made of polyvinyl chloride, but special tubes made of silicone rubber, latex rubber, or stainless steel are also widely used. Most tubes have an inflatable cuff that seals the trachea and bronchial tree to prevent air leaks and inhalation of stomach contents, blood, secretions and other fluids. Catheters without a capsule may also be used, but their use is mainly limited to pediatric patients (in young children, the cricoid cartilage is the narrowest part of the pediatric airway and usually provides an adequate seal for mechanical ventilation).

Types of endotracheal intubation include oral or nasal, with or without a capsule, prefabricated (e.g., RAE (Ring, Adair, and Elwyn) tubes), reinforced tubes, and double-lumen endobronchial tubes. For human use, tube ID sizes range from 2 to 10.5 mm. Sizes are chosen based on the patient's body size, with smaller sizes used for pediatric and neonatal patients. Tubes larger than 6 mm in diameter usually have inflatable cuff. Originally made of red rubber, most modern tubes are made of polyvinyl chloride. Those placed in the laser field could be flexible metals. Robertshaw (and others) developed a double-lumen endobronchial catheter for thoracic surgery. These allow ventilation from one lung while the other collapses, making surgery easier. After the surgery, the deflated lung is re-inflated to examine the fistula (tears). Another type of endotracheal tube has a small second luminal opening above the inflatable cuff that can be used for aspiration in the nasopharyngeal area and above the cuff to aid in extubation (removal). This allows the aspiration of secretions located above the cuff, which helps reduce the risk of chest infection in patients with prolonged intubation.

Disposable Endotracheal Tube

Zhejiang Haisheng Medical Device Co., Ltd , https://www.hisernmedical.com