China's largest high-end private dental healthcare service provider

Rhyl Group is a leading dental care service group in China. It operates all over the country, and also operates Rhyl Dental (leading high port cavity medical service brand) and Ruitai Dental (middle port cavity medical service brand). According to Frost & Sullivan's data, based on total revenue in 2020 as a statistical perspective, Rhyl Group is the largest dental care service provider in China's high-end private dental services market and the third largest oral health service provider in China's private dental services market. As of September 30, 2021, Riel operates 111 hospitals and clinics in 15 major Tier 1 and 2 cities in China (including 4 clinics in Changsha operated under exclusive consultation and service agreements), providing medium to high oral cavity care services, forming a huge dental service network; since its establishment, it has served about 7.4 million patients.

The “Riel+Ruitai” brands complement each other, and revenue growth is obvious

The company developed a dual brand strategy of Riehl and Ritech to provide a clear and unique value proposition for patients from diverse economic and regional backgrounds. Rhyl Dental focuses on high pore cavity medical services, while Ruitai Dental focuses on end-port cavity medical services. Complementary operating brands and differentiated prices enable the company to rapidly expand and expand in different regions and use different patient groups to drive further growth.

Risk warning

The risks posed by repeated outbreaks;

Risks brought about by policy changes, such as health insurance policies, private hospital supervision policies, etc.;

Store expansion fell short of expectations.