Tianrong Medical Group, Inc. (OTC: TNMD) today announced the Company’s entrance into China’s booming $ 1 trillion healthcare sector through its wholly owned subsidiary, China based Sichuan HuanMedia Co. Ltd. https://www.huanmedia.com . The Company is expanding its Big Data connectivity to the medical sector, by providing equipment such as escort beds, chairs and wheelchairs in hospitals under the publicly well-accepted share system and share payment scheme. HuanMedia will also provide Wi-Fi connectivity for patients and visitors in hospitals, expanding the smart mobile services such as patient registration, remote patient consultation and pharmacy prescriptions to potentially 900 million Chinese citizens.
The management of TNMD believes that with the maturity of Internet technology and penetration of mobile networks into every corner in the world, smart healthcare has gradually become one of the important development trends in the medical industry. In response to the national Internet+ strategic direction in China, various medical institutions and Internet companies are actively exploring a new generation of smart medical solutions incorporated with Artificial Intelligence technology.
The Company will undertake a series of Joint-Ventures and investments which will allow the monetization of the patient’s Key Performance Indicator (KPI) and data of the patient results from its huge network. TNMD’s investment banker, Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/ will be directing these initiatives.
Howard He, CEO of Huanmedia stated, “Penetrating into China’s enormous health care sector is one of the major steps in the Company’s Big Data strategy. Our goal is to provide a wide range of services to patients and visitors in hospitals and fully deploy the “Internet of Things” in hospitals that connects objects, people and processes, in order to create new capabilities and experiences.”
The management of TNMD released the following statement, “We believe the Big Data strategy will be a highly strategic step in our business model. The investment opportunities of big data technology in China are expected to register a CAGR of 30% over the forecast period (2021 - 2026). China's growth trajectory has begun to slow in spite of the government's efforts to provide stimulus. Big data has enormous potential to revolutionize Chinese economy.”
HuanMedia was established in 2013. As China’s number one railway transportation Wi-Fi operator and a leader in China's rail transportation information service, it focuses on the construction and operation of mobile internet in the field of public transportation, internet product development and distribution, big data analysis and scene-based precision marketing services. HuanMedia will now bring the same expertise, technology and strategy to China’s massive healthcare industry. The company is headquartered in Chengdu, Sichuan Province, China.
TNMD's vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the Chinese healthcare and railway industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.
For further information please contact TNMD at info@tianrongmedicalgroup.com
The HuanMedia corporate website can be accessed at https://www.huanmedia.com
The TNMD Twitter account can be accessed at https://twitter.com/TNMDHuanMedia
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Tianrong Medical Group, Inc. to accomplish its stated plan of business. Tianrong Medical Group, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Medical Group, Inc. or any other person.
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