Millet 25 million dollars to invest in nine health care

Absrtact: As the business continues to expand, the vision of millet is no longer limited to the mobile phone field, this year has also been frequent investment. A-share company nine health care announced today, with Xiaomi Ventures 2¥q (referred to as Millet investment) signed an investment agreement. Nine health care plan to pass stock holder

As business continues to grow, Millet's vision is no longer confined to the mobile phone field, this year has also been frequent investment.

A-share company nine health care announced today, and Xiaomi Ventures 2¥q ("Millet Investment") signed an investment agreement. The company intends to adjust the ihealth related global business to the proposed new independent entity (the proposed ihealth INC) structure through the adjustment of the shareholding structure and the stripping of the personnel business.

Millet investment will add 25 million U.S. dollars to this entity, ihealth into the mobile health of Millet company partners, Millet will be with ihealth in the user experience, millet power and cloud services to cooperate to create a mobile health cloud platform.

The company will set up a wholly-owned subsidiary in the foreign countries and allocate all the ihealth overseas companies to the new subsidiaries, and ihealth the relevant personnel, patent and trademark proprietary technology to the newly established subsidiaries. Millet holds a 20% stake in the new company.

Millet investment after the total equity 10% as an inventory unit for Employee equity Incentive, 70% of the equity portion by nine health care holdings.

Millet investment with nine health care has the agreement: Millet Commitment 2 years does not invest: 1 health-based data on the medical platform, product or 2, blood pressure and blood glucose measurement as a single function of blood pressure and blood glucose measurement products.

There are 3 reasons why nine health care is involved in health care

Since 2010, JIU ' an medical development and implementation of the "wearable equipment and smart hardware as a starting point to enter the field of mobile medical and health data, and then build a healthy ecosystem around the user" strategy.

Nine health care will be smart hardware products defined as "Hardware +app+ cloud Services", which to a certain extent with the strategy of millet consistent. Nine health care with wearable equipment and intelligent hardware as the entrance, so that users can realize the hardware application functions, the completion of data acquisition and automatically uploaded to the cloud, then according to user needs to share a variety of application scenarios.

At the present stage, the Ihealth series products developed by JIU ' an medical service are declared as data acquisition tools and medical services tools to meet the needs of users in health management, monitoring and treatment, remote diagnosis and disease prevention.

Nine health medical intelligent hardware products cover blood pressure, blood sugar, blood oxygen, heart power, heart rate, weight, body fat, sleep, sports and other fields. Nine health Medical said, hope that around the user to form a complete cycle, to help users draw a personal health map, the company health large data platform and then evolved into a personal health social platform to improve the overall social health and health management efficiency.

In the area of wearable equipment, the company claims to have the ability to develop multiple-category intelligent hardware and provide product definition, development, design, manufacturing, marketing and other services to intelligent hardware projects.

The future nine health care will be in the mobile health surrounding ecology and services, intelligent hardware development and training, basic technology research and development and so on to increase investment, through cooperative research and development, equity participation and other forms to make full use of third-party research and development force to quickly cultivate new products.

The main reasons for the company's choice of mobile medical care are:

1, the combination of mobile interconnection and health products, can be convenient, simple, continuous collection of user health data, become the most realistic access to health large data.

2, the company in the home health care electronic products industry has a long-term historical accumulation, in the research and development, design, manufacture, quality control, certification, sales and customer service and other links have a wealth of experience, the mobile medical field of intelligent hardware is the company's traditional products in the mobile internet era of natural extension, the company can quickly form a competitive product, Directly into the field of mobile medicine;

3, mobile medical products in addition to hardware, APP, also includes cloud services and other follow-up services, but also may form a user network community. User long-term use to form data accumulation, service dependence and social circle factors, so that mobile medical products users more viscous than the general wearable products or smart hardware, users choose other mobile medical products are more inclined to choose the same manufacturer products.

Millet layout diversity is no longer just a cell phone

The current mobile health sector is rapidly becoming a hot area, this August, Spring rain Doctor announced a 50 million dollar C round of financing, "stunning" investment market, since then, Clove Garden has been 70 million U.S. dollars Tencent investment.

Spring Rain Doctor has disclosed that the company's profitability will be mainly through a variety of means, such as the cooperation and data acquisition platform for wearable equipment, data interpretation and analysis, the medical services and wearable equipment bundled sales.

Spring Rain doctor has worked with nine health care, and the relevant data is not bad. This nine health care to introduce millet investment, very important reason is to realize the hardware for the entrance of the strategic breakthrough, speed up its ihealth products and services in the domestic promotion, rapid accumulation of users, the formation of health large data, improve the surrounding ecology, and to provide users with health care and related services.

From the point of view of millet, with a large user base and hardware base, the choice of a mature mobile health enterprise, but also a normal and reasonable choice. In fact, this year, Millet has successively invested thunder, Jin Shanyun, building blocks and other enterprises.

This September, Peer-to-peer Enterprise Block box won the 37.19 million dollar B-round financing, that is, millet and shun for the lead, Millet Vice President Zhang Jinling said that the building blocks box and millet "uniformity", hope that the building blocks can play the role of millet in the domestic mobile phone.

Lenovo to the beginning of the year with the Beijing bank, the scope of the range includes mobile payment settlement business based on short-range wireless communication technology (NFC), financial management and insurance (assured) and other standardized products sales, Monetary Fund sales Platform and standardization, a loan products in mobile phones, internet terminal applications. Investment Block box is obviously a link of millet to build the Internet financial ecological chain.

Earlier millet 200 million dollars led to thunder, now millet MIUI 6, especially integrated Thunder download engine. In addition to MIUI, all the terminals of millet, including mobile phones, boxes, routers and televisions, are in the operating system and the Thunder product depth integration.

Analysts pointed out that with the sale of millet this year the terminal Breakthrough 4000 units, millet is around its hardware to create an ecological chain, in this ecological chain, not only the need for cloud acceleration, cloud storage, but also need internet finance, mobile health and many other areas of support, millet sustainable investment in millet to achieve the goal of establishing an ecological chain will be very useful.