HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Pre-IPO Hangzhou Tongshifu Cultural and Creative Group (PHIP Update)-Some Points Worth the Attention

Pre-IPO Shenzhen Creality 3D Technology (PHIP Updates) - The Business and the Outlook

Pre-IPO Liuliumei Co., Ltd. (PHIP Updates) - Some Points Worth the Attention

Pre-IPO Chando Global Holding - Low Growth and Profitability Are Pain Points

Pre-IPO New Ruipeng Pet Group (RPET.US)- The Industry, the Business and the Concerns

Industry Report - Insights on China Pet Medical Industry

Pre-IPO Hangzhou Tongshifu Cultural and Creative Group - Potential for Future Growth Is Questionable

Zijin Gold (2259 HK) IPO Debut - Some Points Worth the Attention

Equity Capital Markets

Ringpai Veterinary Hospital Management / Equity Capital Markets

Ringpai Veterinary Hospital Management (RPVH HK)

<ul>
<li>The pet medical service sector is widely regarded as a more promising "blue ocean market" with low market concentration and great potential for improvement in the rate of chain operation.</li>
<li>The core of RINGPAI’s business model is to provide pet medical services through chain operation and expand by adopting a unique dual-wheel drive of "self-construction + acquisition".</li>
<li>Although this is a typical heavy asset industry, with low profit margins, the rare label of "profitable industry leader" is the core that supports RINGPAI to obtain a valuation premium. </li>
</ul>


The pet medical service sector is widely regarded as a more promising "blue ocean market" with low market concentration and great potential for improvement in the rate of chain operation.
The core of RINGPAI’s business model is to provide pet medical services through chain operation and expand by adopting a unique dual-wheel drive of "self-construction + acquisition".
Although this is a typical heavy asset industry, with low profit margins, the rare label of "profitable industry leader" is the core that supports RINGPAI to obtain a valuation premium. 


Pre-IPO Ringpai Veterinary Hospital Management - The Business Model, the Risks, and the Outlook