Chindex: Modern Healthcare for Modern China
This is a very exciting time in the history of Chindex.
While the global business climate remains challenging, and the reforms ongoing in China’s healthcare sector could disrupt the status quo and fundamentally change competitive dynamics, we believe that China’s healthcare sector is a relatively protected corner of the economy, and we look at change as an opportunity which we intentd to pursue with dedication, as we have in the past.
Chindex stakeholders are dedicated to carrying out our vision to be the premier integrated healthcare company in China. We are now beginning a new era of that work.
Chindex is the only foreign-invested healthcare company in China with broad operations in both the healthcare services and medical products fields. The Chinese economy is continuing to grow at an unrivaled rate. With a strong administrative platform, 30 years of experience, an unwavering reputation for excellence, and an unparalleled base of brand recognition in the China healthcare services and products market, Chindex is leading the expansion of premium healthcare in China.
We see an extraordinary business opportunity in continuing to build out and grow the United Family Healthcare network to service more geographic locations throughout China, with increased service offerings. Our investment in healthcare is buttressed by the Chinese Government’s three-year $120 billion stimulus package encourages private investment to develop specialty and premium healthcare services within the Chinese healthcare system. The government’s increased investment in healthcare will help to drive the market for medical devices from top to bottom and present opportunities to deepen the market penetration for imported medical devices and foreign government-sponsored loan programs in the medium term. We are especially excited about the added opportunities affored to Chindex and the medical device business now embodied in the newly-formed joint venture with Fosun Pharma, Chindex Medical Limited. Chindex is uniquely poised to benefit from all of these opportunities – as well as others that become apparent as the reforms continue to take shape.
Our successes to date have been the result of the enthusiasm and hard work of our very special employees who are motivated to perform in a complex multicultural environment delivering world-class services and products to our customers and patients. They are proud to be the driving force of this pioneering organization forging new healthcare models in one of the largest and most dynamic economies in the world. In addition, many have found time to donate their services to community activities including the charitable activities of the United Foundation for Chinese Orphans.
On behalf of the Board of Directors and management, I would like to express our appreciation to all of our shareholders, employees, principals and partners for their continuing commitment and support.

