May 31, 2019
Yao Junfeng, founder of Shanghai Smartee Denti-Technology Co., Ltd., was invited to attend 2018 Annual Partner Meeting of Zhongjin Qichen Industry Equity Investment Fund on May 21. The partner meeting not only reviewed investment performance of Zhongjin Qichen Industry Equity Investment Fund in 2018, but also brought diversified exchanges and a collision of ideas among multiple masters and experts of Smartee and Zhongjin Qichen Industry Equity Investment Fund in the digital field .
As the first speaker of invited enterprises, Mr. Yao Junfeng shared the development history, operation experience, strategic layout and future planning of Smartee Group at the conference, and performed an in-depth analysis into and interpreted the development trend of digital oral health industry.
Powerful Combination Under the Context of “Health for All”
Looking back, deep collaboration between Shanghai Smartee Denti-Technology Co., Ltd. and Zhongjin Qichen Industry Equity Investment Fund arose at the historic moment under the context of “Health for All”. In this macro perspective, "Healthy China" has been elevated as a national strategy, the demand for healthcare is growing, and the huge market potential of the big health industry is undoubted. As a leading national brand of invisible orthodontics, Smartee covers more than 6,000 medical institutions and has 10,000 doctors with high brand recognition. In 2018, Smartee had an excellent year with the number of orthodontic cases increased by 100%, and the revenue increased by 84%. Combining soft and hard power to promote health, Smartee’ s high comprehensive strength is inspiring.
In the same year, Zhongjin Qichen Industry Equity Investment Fund, which had been focusing on medical technology, paying close attention to the medical field with the property of consumption upgrading and improving consumers' quality of life. Guided by the concept of value investing of "research-driven, deep ploughing industry", Zhongjin Qichen Industry Equity Investment Fund focused on the strength, development and future of Shanghai Smartee Denti-Technology Co., Ltd., and successfully co-led Series C funding of hundreds of millions of yuan of Smartee in March 2019. The two officially achieved win-win cooperation.
Work Together Create the Future of “Invisible Orthodontics”
Zhongjin Qichen Industry Equity Investment Fund and Smartee will uphold the concept of creating the future of “invisible orthodontics”, work together to lead the industry development with capital and technology, and push the Chinese invisible orthodontics market to a new level.We believe that, with continuous in-depth collaboration and joint efforts, both Zhongjin Qichen Industry Equity Investment Fund and Smartee will make more remarkable achievements！
As one of the most leading management platforms for private equity fund, CICC Capital is the only private investment fund platform under China International Capital Corporation Limited managing overall assets of approximately RMB 300 billion with an investment management team of more than 200 professionals. China International Capital Corporation Limited is the first Sino -foreign joint stock bank in China, with Central Huijin Investment Ltd., GIC and TPG, etc. as its shareholders.