[ET Net News Agency, 30 December 2019] China Merchants China Direct Investments Limited
(00133) said its subsidiary Shenzhen Tian Zheng Investment Co., Ltd. has agreed to acquire
3% of the ordinary shares of iFlytek Healthcare from Anhui Iflytek Venture Capital LLP for
RMB60 million.
iFlytek Healthcare is a start-up healthcare technology company which adopts intelligent
speech and AI technology to build government-oriented intelligent healthcare service
platforms and hospital-oriented speech-to-text solutions, as well as to provide doctors
with speech-to-text and computer assisted diagnosis system, so as to achieve an
integration of regional healthcare data and provide doctors and patients with
high-quality, convenient and efficient diagnosis and treatment services. (RC)