Qianhai Health Holdings Limited (formerly known as Hengfa Ginseng Holdings Limited) was incorporated as an exempted limited company in the Cayman Islands under Chapter 22 of the Cayman Islands Companies Act (Act No. 33 of 1961, as consolidated and amended) on August 18, 2011, and officially listed on the main board of the Hong Kong Stock Exchange on June 27, 2014. The stock code is 0911. The core business of Qianhai Health Holdings Limited (the “Company”) and its subsidiaries (collectively, “Qianhai Health” or the “Group”) is the procurement and wholesale of American ginseng (PanaxquinqueFoliusL). , a perennial herb in the Pentacaceae family, including cultivated ginseng and wild mountain ginseng). The company has been in business for 30 years, and has always been supported by customers, and has accumulated a wealth of experience in the industry. With valuable experience in the past, the Group began in the early 90s, regularly appointing senior commissioners to the US and Canada to purchase supplies, adhering to a strict attitude of selecting materials. Coupled with rich knowledge and experience, the Group's business development has steadily increased, and it has become the largest supplier of ginseng in the industry. Hong Kong, China is regarded as the world's leading port of import and export of American ginseng. About 90% of Canadian American ginseng is exported to Hong Kong, China, and the Group is the largest first-class American ginseng wholesaler in Hong Kong, China. As a leading enterprise in the market, the Group has strong bargaining power with customers, growers and suppliers. In 2017, the Group established Zhejiang Huizun Investment Management Co., Ltd., a wholly-owned subsidiary in China.” “Zhejiang Huizun” is currently jointly developing the Lin'an Tuankou Hot Spring Villa and a medical and physical examination center, with a total construction area of 0.07 million square meters. The Group's long-term development vision is through new construction, mergers and acquisitions and management of general hospitals. General hospitals seek to integrate medical treatment, rehabilitation, and health care specialties. Let the group establish the main industrial platform in Hangzhou, so that the concept of the big health industry model can be fully implemented, and strive to occupy an important position in the health care and health care industry in Hangzhou.
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