China Cultural Tourism and Agriculture Group Limited (542) released an update highlighting market drivers such as global population ageing, rising chronic disease prevalence, and the wider impact of artificial intelligence (AI) on the healthcare sector. The group intends to capitalize on these trends in alignment with China's “Healthy China” strategy by strengthening existing operations and expanding into healthcare, digital healthcare, and wellness services.
The group has recently completed the acquisition of equity interest in Zhongshan Yuanqi Intelligent Health Technology Co., Ltd. and formed a dedicated research and development team focused on health data analytics and intelligent health services. Plans involve developing a one-stop platform featuring dynamic vital sign monitoring, intelligent risk assessment, personalized health interventions, and medication reminders. The platform will leverage artificial general intelligence and big data applications, with interface capabilities for medical institutions, wellness service providers, and home-based elderly support. Over the next three years, additional investments will target further technological advancement and platform optimization.
According to the announcement, the group expects the upcoming platform to contribute materially to annual revenue, establishing a dual-driven profit model from technology licensing and service subscription income. Shareholders and potential investors are reminded to exercise caution when dealing in the shares of the company.