- CEO
- Liu Jun
- Full Time Employees
- 9,112
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- Fortune Financial Center Beijing BE China 100020
- IPO Date
- Mar 10, 2008
- Business
- New Journey Health Technology Group Co., Ltd. (002219.SZ) operates as a healthcare company principally engaged in medical services and pharmaceutical manufacturing in China. The company provides medical services through a "1+N" innovative model featuring general hospitals and multiple specialist branches, including 3 tertiary hospitals and 14 secondary hospitals with nearly 10,000 beds across six regional medical centers in Liaoning, Henan, Jiangsu, Jiangxi, Sichuan, and Chongqing; these centers specialize in treating aging-related diseases such as tumors, cardiovascular and cerebrovascular conditions, orthopedics, neurology, neurosurgery, and bone disorders. In pharmaceuticals, it researches, develops, produces, and sells traditional Chinese medicines under the China-famous "Duyiwei" (Unique Flavor) brand, including Duyiwei capsules, Shenqi Schisandra tablets, Maiping tablets, Qianlieantong tablets, Gongzuoning capsules, ginseng and astragalus schisandra tablets, Jiuwei Qianghuo pills, Schisandra granules, and prostaglandin tablets; it also engages in Chinese herbal medicine cultivation, daily chemicals, health products, technology development, investment management, retail, and wholesale. Founded in 2001 and headquartered at 28/F, Fortune Financial Center, 5 East Third Ring Road, Beijing, China, the company, formerly known as Hengkang Medical Group Co., Ltd., is controlled by Xinmileage Health Group Co., Ltd. Recent developments include a subsidiary's plan announced in December 2024 to form a partnership for acquiring 100% equity in Chongqing New Journey Medical Management Co., Ltd. to strengthen medical services influence, optimize capital structure, and enhance competitiveness in existing business areas; additionally, it received CNY 685.8 million in funding from Beijing New Journey Health and reported Q2 2024 revenue growth of 16% to CNY 957.4 million.