China Life Sets Up Health and Elderly Care Firm in Dalian with RMB449m Capital
China Life has established a health and elderly care company in Dalian with registered capital of RMB449 million. The new company, named China Life (Dalian) Health and Elderly Care Co. , Ltd. , has He Nan as its legal representative.
Its business scope covers health consulting services (excluding diagnostic and treatment services), elderly care services, wellness and health maintenance services (non-medical), as well as patient companionship services.
According to the shareholding structure, the company is wholly owned by Beijing China Life Elderly Care Industry Investment Fund (Limited Partnership), an affiliate under China Life.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Elderly Care, with intensity 40/100 and 70% confidence over a medium term horizon.
Elderly Care
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Life Insurance
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.