Company introduction

Jin Tianyang is the leading medical retailer and sub-contractor in the northern region of China. The company has the largest retail medical network in North China, and is the largest private medical subcontractor in the region. According to the data of the South, the medical sales in the northern part of China accounted for about 7.1% of the total sales in the Chinese market in 2012. The main business of the company is retail service and sub-service. In terms of retail services, the company now has 794 self-owned stores and plans to launch electronic business medical retail services through third-party Internet service providers by the end of 2014. In terms of split service, the corporate service model includes the traditional distribution model and the direct supply model, while the former company focused on developing its direct supply model. In addition to the internal growth, the company has carried out strategic revenue collection to the stores and medical branch companies during the going-to-market period, and has incorporated them into the company and benefited from the resulting benefits.

For the three years ended December 31, 2012 and the six months ended June 30, 2013, the company's income was 85.86 million yuan, 147.39 million yuan, 23.263 million yuan and 145.70 million yuan, respectively.

The defined use of the proceeds

Assuming that the over-allotment rights have not been exercised, based on the median sales calculation of HK $3.57 per share, it is estimated that the income from the sale of shares will be HK $136.1 million. The Board will apply the proceeds to the following purposes: