- Business
- Xi'an International Medical Investment Company Limited Xi'an International Medical Investment Company Limited (000516.SZ) is a China-based company primarily engaged in healthcare services and the transformation and application of modern medical technology. The company operates hospitals and medical centers; provides insurance broking services; engages in tourism-related activities; and undertakes pharmaceutical production. It focuses on large-scale health care operations, including high-end medical platforms, international medical tourism, and advanced treatments such as proton therapy systems, with core systems like hospital information systems (HIS) and electronic medical records (EMR) integrated with locally deployed AI models.
Founded in 1986 and headquartered in Xi'an, China, the company, formerly known as Xi'an Kaiyuan Investment Group Co., Ltd., changed its name in January 2015 to reflect its medical investment focus; it listed on the Shenzhen Stock Exchange in 1993 as the region's first listed entity and is included in indices such as the Shenzhen-Hong Kong Stock Connect Composite Index, MSCI China A Index, and S&P Dow Jones China Indices.
In recent developments, the company completed local deployment of Medical AI models in early 2025, ensuring data privacy and connectivity with business systems; its proton therapy center project advanced to precision installation and debugging, targeting operational launch by year-end 2025. It executed share repurchases totaling over 13.8 million shares by April 2025 at prices between 4.61 and 5.618 yuan per share; reported 2024 revenue of 4.815 billion yuan, up 4.28% year-over-year, despite net losses; and earned honors including "2024 Benchmark Hospital," "Top 100 Cross-Strait Social Hospitals," and "Western China Social Medical Benchmark Hospital." Ongoing technical collaboration with Alibaba Cloud supports proprietary upgrades and resource expansion.