Zhejiang Boner Medical Investment Management Co., Ltd., known as Bang-er Orthopedics, a leading hospital investment operator focused on orthopedics and rehabilitation, has reportedly raised over RMB 800 million (USD 110 million) in a pre-IPO financing round. The round was led by C&D Emerging Industry Equity Investment, with participation from Sunshine Insurance, Lake Bleu Capital, China Pacific Insurance, Oct.Capital, and Gao Yuan Capital.
Strategic Use of Funds
The proceeds from this financing will be directed towards the implementation of Bang-er Orthopedics’ three-year strategic plan. This includes strengthening digital orthopedic construction, technological advancement in its specialized orthopedic hospitals, and development in the direction of minimally invasive, precise, and intelligent orthopedic practices. Additionally, the funds will support the company’s national layout, group standard operation system, and the cultivation of orthopedic talents.
Bang-er Orthopedics’ Medical Network
Bang-er Orthopedics boasts an extensive network of 17 medical institutions, 16 of which are set up in accordance with Class 2 or 3 standards, and one Internet hospital. The company operates specialized and general hospitals that offer a range of services including trauma orthopedics, spinal surgery, joint surgery, sports medicine, hand and foot microsurgery, non-surgical treatment centers for neck, shoulder, waist, and leg pain, traditional Chinese medicine orthopedics, and rehabilitation.- Flcube.com
