In 2016, the Group reached a strategic cooperation with Shenzhen Qianhai Shenghuitang Medical Health

In June 2016, Xiamen Fangchanghong Group Co., Ltd. and Shenzhen Qianhai Shenghuitang Medical Health Investment Group reached a strategic partnership and jointly established Shenzhen Qianhai Shenghuitang Information Technology Co., Ltd. Wang Huihuang, general manager of the group, served as director and general manager of the joint venture, and Zhang Hong, director of the group, served as director of the joint venture. Shenzhen Qianhai Shenghuitang Information Technology Co., Ltd. will mainly cooperate with Beijing Electronic City Investment Group Co., Ltd. for a period of time to enter Xiamen to develop high-end industrial parks.