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To-be Listed (Grey Market Trading Session: 16:15-18:30)
Name
/
Code
Industry Listing Price Lot Size Entry Fee Phillip Grey Market Futu (HK) Grey Market
Xunfei Healthcare
02506.HK
Grey Market Today
Application Software 82.800 50 N/A
-
-
Detail Quote
InnoScience
02577.HK
Grey Market Today
Semiconductors & Semiconductor Equipment Pending 100 3,400
-
-
Detail Quote
HealthyWay
02587.HK
Grey Market Today
Health Care Services Pending 500 4,444
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-
Detail Quote
Last update: 2024-12-26 12:30:05
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Minieye Tec
02431.HK
Application Software 17-20.2 200 4,081 2024/12/20 Data is not available 2024/12/27
Summary
We are an AI-empowered healthcare solution provider. Our products and solutions cover the full healthcare service cycle, ranging from health risk warnings, early screening, diagnosis, treatment and treatment effect evaluation to post-discharge management and chronic disease management. We have independently developed AI technologies that underpin our products and solutions. Specifically, we offer (i) Primary Health Care (“PHC”) Services to assist PHC doctors in improving their service capabilities and enable more effective monitoring by regional healthcare administrators; (ii) Hospital Services to improve the operational efficiency of hospitals and doctors; (iii) Patient Services to enhance the convenience and quality of healthcare services that patients and residents receive; and (iv) Regional Healthcare Solutions to assist regional healthcare administrators in data-driven integrated management as well as efficient deployment of health insurance funds. We ranked first in the healthcare AI industry in terms of revenue in China with a market share of 5.9% in 2023, according to Frost & Sullivan. iFlytek, a leading AI company focused on research of core AI technology, is our Controlling Shareholder.

Our Products and Solutions

Our healthcare AI solution matrix caters to the diverse needs of all major stakeholders in the healthcare industry, extending our reach from PHC institutions to hospitals, patients and residents, as well as regional healthcare administrators. Our products and solutions cover the full healthcare service cycle, ranging from health risk warnings, early screening, diagnosis, treatment and treatment effect evaluation to post-discharge management and chronic disease management. Many of our products and solutions are underpinned by the same core technologies, such as natural language processing (“NLP”) models, medical knowledge graphs, speech recognition, knowledge-based medical reasoning, but are offered to different target users in distinct application scenarios. We generate revenue from both project implementation on project basis and from continual provision of products and services, namely maintenance and operation services, AI outbound callings, patient service package, cloud medical imaging and medical device. The duration of our projects ranges from one to five years, during which we provide maintenance and other services free of charge. Upon expiration of the warranty period, we charge fees for maintenance and operation services. In particular:

‧ PHC Services. Our PHC Services business line consists of General Practice Clinical Decision Support System (“CDSS”), and Chronic Disease Management Tools. Our General Practice CDSS provides medical recommendations including diagnosis suggestions, test and examination suggestions as well as medication examinations and auxiliary support such as generation and quality control of electric medical records (“EMRs”) to doctors at PHC institutions. Our General Practice CDSS help enhance clinical skills, improve the ability to assess medication appropriateness and standardize the diagnosis and treatment process for doctors at PHC institutions, thereby reducing medical errors. It also offers monitoring services for regional healthcare administrators such as provincial-level health commissions, enabling evidence-based quality control and precise management. Our Chronic Disease Management Tools allow patients to upload data, view results and receive timely alerts for irregular conditions and enable doctors to collect information, decide on interventions and use automated reminder systems. These tools establish a tiered management model for chronic diseases such as hypertension and hyperglycemia and streamline chronic disease management for health commissions and PHC institutions.

‧ Hospital Services. Our Hospital Services business line encompasses Smart Hospital Solutions and Intelligent Assistant. Our Smart Hospital Solutions offer (i) intelligent patient triage system and medical history collection services to patients at the pre-diagnosis phase; (ii) intelligent virtual assistant that helps patients manage the entire treatment process, and doctor-facing mobile workstation namely, iDoctor and the speech-to-text EMR generation tools for the efficiency and convenience of doctors at the during-diagnosis phase; and (iii) an array of AI-empowered tools to address the pain points doctors and medical professionals commonly face when conducting patient follow-ups. Our solutions also help hospital management’s decision-making by providing statistical analysis of operational data. Our Smart Hospital Solutions are developed to improve the efficiency and medical service quality of doctors in the area of patient management. Our Intelligent Assistant facilitates hospitals in enhancing overall efficiency and the medical service quality of doctors with functionality such as General Practice and Specialized CDSS Tools and AI EMR Quality Control.

‧ Patient Services. Our Patient Services business line includes Post-discharge Management Platform (including our Xunfei Xiaoyi App and Mini Program), Cloud Medical Imaging Platform and Medical Device. Our Post-Discharge Management Platform is developed to customize patient management planning post discharge allowing patients to connect and communicate with their doctors on this platform, upload medical history after hospital discharge, receive medication reminders and conduct self-reports and enabling doctors to gather and analyze data in relation to patient recovery or change of conditions. Our Cloud Medical Imaging Platform is designed to provide remote medical imaging services that allow medical institutions to remotely retrieve medical imaging data from other medical institutions that have been granted shared access, and aid the implementation of a tiered diagnosis and treatment system. Our Medical Device primarily consists of hearing aids. In October 2023, we launched a patient-oriented application empowered by Xunfei Spark Medical Model, Xunfei Xiaoyi App and Mini Program, to meet the needs of patients and residents across the pre-visit, consultation or treatment and post-discharge phases. It provides pre-visit enquiry function and supports medication planning, interpretation of medical and health check examination reports, health reminders based on such reports and identification of the correct department for subsequent follow-up visits.

‧ Regional Healthcare Solutions. Our Regional Healthcare Solutions business line consists of Regional Healthcare Administrator Services and Medical Insurance Administrative Solutions. Our Regional Healthcare Administrator Services are designed to promote integrated healthcare administration, covering outpatient services, inpatient services and public health services. Our Medical Insurance Administrative Solutions allow us to expand our customer base from healthcare service providers to healthcare payors. Regional medical security bureaus, PHC institutions and hospitals can use our data-driven solutions to examine and analyze the reasonableness of insurance claims.



Source: Xunfei Healthcare (02506) Prospectus (IPO Date : 2024/12/18)
Listing Market MAIN
Industry Application Software
Background H Shares
Major Business Area China
Corporate Information
Substantial Shareholders iFlytek Co., Ltd. (49.42%)
Lu Xiaoliang (16.11%)
Xu Jingming (15.47%)
Directors Liu Qingfeng (Chairman and Non-Executive Director)
Tao Xiaodong (General Manager and Executive Director)
Duan Dawei (Non-Executive Director)
Zhao Zhiwei (Non-Executive Director)
Tan Ching (Independent Non-Executive Director)
Wang Yang (Independent Non-Executive Director)
Zhao Huifang (Independent Non-Executive Director)
Company Secretary Liu Wei
Yeung Siu Lam
Principal Bankers China Merchants Bank
Huishang Bank
Solicitors Clifford Chance
CM Law Firm
Pillsbury Winthrop Shaw Pittman LLP
Auditors Deloitte Touche Tohmatsu
Registered Office 5/F, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address http://www.iflyhealth.com
Email Address
Tel No
Fax No
 
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