It is reported that two companies invested in life insurance of PICC, Baosaitu and Jianshi Technology, were successfully listed on the Stock Exchange of Hong Kong a few days ago.

Recently, there has been good news from the PICC Health Pension Industry Investment Fund (PICC Health Fund for short), which invests in two enterprises, Beossett and Jianshi Technology, which have been successfully listed on the Hong Kong Stock Exchange one after another. While improving the company's investment income, it fully demonstrates the company's contribution to responding to national policies, implementing the group's six strategic services, empowering enterprises, and promoting a healthy China and scientific and technological self-reliance.

Ningbo Jianshi Technology Co., Ltd. (stock code 09877.HK), an investment company of PICC Life Insurance Investment Fund, was officially listed on the Hong Kong Stock Exchange on October 10, 2022. The number of shares issued worldwide is 8.076 million shares at an issue price of HK $27.80 per share. The PICC Health Fund invested in Jianshi Technology in October 2020 and helped enterprises to become the world's leading medical device company for structural heart disease intervention. According to the stock price at 11:00 on the day of listing, the floating profit of the project is nearly 150 million yuan, and the return multiple is about 3.4 times.

On September 1, 2022, PICC Health and Health Fund invested enterprise Bai Oseatu (Beijing) Pharmaceutical Technology Co., Ltd. (referred to as "Bai Oseatu", stock code 02315.HK) was also successfully listed on the main board of the Hong Kong Stock Exchange at an offering price of HK $25.22. a total of 21.7585 million shares were issued worldwide, with a net fund raised of about HK $549 million. The PICC Fund invested in Byossett in September 2020 and helped companies become the world's leading animal model and biotechnology companies.

The PICC Health Fund was established in December 2018 with a total size of 3 billion yuan, focusing on biomedicine, medical devices, medical information, medical services and other areas, implementing the major strategic plan of "healthy China" and building a "insurance + health" ecosystem. Since January 2019, the total investment of PICC has reached 1.4 billion yuan.

In the next step, PICC will continue to give full play to the advantages of insurance funds, seize the strategic opportunities of the large health industry, implement the six strategic services of the group, and thoroughly implement the excellent insurance strategy of PICC Group. continue to pay attention to life sciences and medical and health innovation and reform, focus on unmet clinical needs, give full play to the advantages of insurance funds in the paying side of health insurance, and continue to distribute innovative therapies related to the national economy and people's livelihood. Keep up with the cutting-edge technology of science and industrial development, grow together with platform-type high-value medical devices and other enterprises, and jointly promote the development of national health.