Aiming Life introduces the largest shareholder to jointly create a continuous service industry chain of “medical health care”

On January 3, 2023, according to the disclosure on the website of the Beijing Bureau of the China Banking and Insurance Regulatory Commission, it agreed to approve the application of Love Life Insurance Co., Ltd. to increase the registered capital.

Love Life Insurance issued 320 million additional shares this time, all of which were subscribed by the new shareholder Beijing New Mileage Health Industry Group Co., Ltd. After the capital increase, the registered capital of Love Life Insurance will increase from 1.7 billion yuan to 2.02 billion yuan. Beijing New Mileage Health Industry Group Co., Ltd. holds 15.8416% of the total share capital, becoming the company’s only strategic largest shareholder. According to public information, this is the first time that Love Life has increased its capital to introduce new shareholders since its establishment five years ago.

The big health and medical industry’s investment in insurance companies is highly in line with the current “Healthy China” strategy and the social responsibility of enterprises to serve people’s livelihood. It is reported that after the capital increase is approved, as a leading enterprise in the domestic medical and health industry and a cutting-edge life insurance company with domestic characteristic development, New Mileage Health will join hands with Love Life Insurance to build a “geriatric disease specialist/rehabilitation hospital + intensive care home” +Community radiating home” triple full coverage of the continuous service industry chain of “medical, health, nursing, and insurance”, and it is planned to build 20,000 new medical nursing in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Chengdu-Chongqing and other places in the next five years Combined with the beds for the elderly, the two parties are committed to making positive contributions to solving the most troublesome problems of ordinary people’s families in China’s aging society.

The report of the Twentieth National Congress of the Communist Party of China pointed out that it is necessary to “improve a multi-level social security system that covers the whole people, coordinates urban and rural areas, is fair, unified, safe and standardized, and sustainable. Improve the national overall planning system for basic pension insurance and develop a multi-level and multi-pillar pension insurance system. Promote the orderly connection of multi-level medical security, improve the system of serious illness insurance and medical assistance, implement the settlement of medical treatment in different places, establish a long-term care insurance system, and actively develop commercial medical insurance. It should “implement the national strategy of actively responding to population aging, develop the elderly care industry and the elderly care industry. Promote the expansion of high-quality medical resources and the balanced distribution of regions, adhere to prevention first, strengthen the health management of major chronic diseases, and improve the grassroots disease prevention and treatment and health management capabilities. Promoting the inheritance, innovation and development of traditional Chinese medicine”.

New Mileage Health Industry Group is a reformer, innovator and leader in the domestic medical and health field. It is a mixed-ownership enterprise dominated by state-owned capital and jointly invested by large domestic industrial groups. Its core business covers medical services, health care services, and pharmaceuticals. In manufacturing and other fields, it has professional platforms such as New Journey (002219), New Journey Medical, Hongci Medical, Huayou Medical, etc., and controls and manages nearly 40 second-level and above hospitals and 200 grassroots medical institutions in nearly 20 provinces and cities across the country , with a total of 30,000 beds, more than 150 provincial and municipal key disciplines and more than 22,000 employees.

In order to serve the country’s strategy of coping with population aging, New Mileage Health Industry Group has built a complete layout of medical and elderly care institutions, and formed a “1+N” innovative service model of “a general hospital + specialized branches”, focusing on tumors, heart and brain Vascular, orthopedic, respiratory and other diseases; created a “geriatric specialist hospital + elderly care center” combination of medical and nursing care, and created a new type of medical and nursing combined service system of “disease prevention, disease control, treatment, rehabilitation, and elderly care”; relying on the country The well-known trademark “Duyiwei” has expanded and strengthened the manufacturing of traditional Chinese medicine to meet the different medical care needs of different groups of people. After becoming a shareholder of the insurance company, it will combine the advantages of commercial insurance payment to form a more complete integrated service system of medical insurance + commercial insurance, effectively reducing the medical expenses of the people at their own expense. , Medication guidance and treatment and rehabilitation process management, extend the treatment service to the whole process service chain of pre-prevention, in-process management, and post-event payment, which will help to create more corporate value while more comprehensively solving customer problems.

Love Life Insurance is a very “special” insurance company among many domestic life insurance companies. From the “five clouds” strategy at the beginning of its establishment to the clear blueprint of “medical care and insurance”, Love Life has always been firmly committed to serving family customers with the “insurance + medical care” model.

After five years of development, Love Life Insurance has formed six insurance branches covering the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Pearl River Delta. The wholly-owned love insurance brokerage company strives to build an effective risk control credit system, and actively explores the MGA model and the technical application of digital RMB in the insurance field; the Love Guardian Charity Foundation focuses on the prevention, treatment and Help, especially for children with autism, congenital heart disease, and rare diseases. As a pilot unit of the Beijing mayor’s nursing insurance, Aiming Life Insurance has cooperated with dozens of elderly care institutions in the past four years to bring professional and considerate care to the severely disabled elderly, and has been well received by the government, regulatory authorities and families of disabled elderly. Actively exploring commercial charity plus public charity in the insurance field is the best interpretation of love. According to the development plan of Aiming Life Insurance, the initial layout and investment have been completed in the five years since its establishment. It is expected that the company will achieve profit ahead of schedule in 2023 and maintain continuous profit growth in subsequent years.

It is understood that New Mileage Health Industry Group and Love Life Insurance will first build 1,000 chained health care beds in Beijing in 2023, including two intensive care homes that can provide care for dementia and respiratory disorders and six community-based elderly care Nursing institutions fully integrate intensive care, rehabilitation medicine, geriatric diseases and chronic disease treatment into the pension field to fill the gap in the market. Carry out in-depth cooperation in multiple fields such as direct payment of claims, realize complementary resources and in-depth integration, serve the needs of the people and customers in an all-round way, provide customers with life-cycle risk management and comprehensive medical and health care services, and create a ” Geriatric diseases can be treated, critical illness can be recuperated, micro-services can be used at home, and full payment can be insured” continuous service closed loop.

With the construction of a multi-level, multi-form, and wide-coverage comprehensive service model of “medical health care”, professional institutions can truly solve the problems of illness, disability, dementia, and rehabilitation that most need help in the process of providing for the elderly, while community coverage The home-based elderly care model is in line with the country’s “9073” elderly care project strategy, providing community-based medical care and health care assistance for the mainstream home-based elderly care. The two parties hope to use this development model to provide diversified services for customer groups with different elderly care needs. centenarian life solutions.

Beijing New Mileage Health Industry Group has successfully invested in Aiming Life Insurance. In addition to the grand concept of creating a continuous service industry chain of “medical health care and insurance”, the two parties will also take a long-term view and focus on uniting more enterprises and companies interested in China’s health care industry in the future. Capital, jointly participate in and promote the construction of the national big health ecological pension system, and gain greater development opportunities in the process.

It is believed that Beijing New Mileage Health Industry Group and Love Life Insurance’s “medical health care” model for the long-term layout of the “Healthy China” strategy will be full of vitality, which will not only be conducive to the construction of a sustainable multi-level social security system and the promotion of multi-level medical care Guaranteeing an orderly connection will also help the national strategy of expanding domestic demand to “accelerate the improvement of an elderly care service system that coordinates home and community institutions and combines medical care and health care”.