Establishment of Strategic Cooperation Agreement Between Shanghai Artemed Hospital and COGNOS

Shanghai Artemed Hospital signed the Strategic Cooperation Agreement with German COGNOS International Group (“COGNOS”) on May 25th, 2018. The strategic partnership opens a new journey for international and professional medical cooperation. Mr. John Du, the Co-founder and Managing Partner of Silver Mountain Capital, Mr. Austin Pu, the CEO of Shanghai Artemed Hospital, Mr. Joe Liu, the CFO of Shanghai Artemed Hospital, Mr. Hermann Kögler, the Chairman of the Supervisory Board of the COGNOS Group, Dr. Matthias Afting, the spokesperson for the Board of Directors and International President of COGNOS, and Dr. Holger Korte, the International President of COGNOS participated in the signing ceremony.

Shanghai Artemed Hospital, located in China (Shanghai) Pilot Free Trade Zone, is a wholly-foreign-owned general hospital specializing in orthopedics and is established by Silver Mountain Capital and German Artemed SE . Phase I of the hospital (200 beds) focuses on orthopedic services, supported by other functions including internal medicine, surgery, oncology, and digestive endoscopy, etc. The hospital introduces advanced imaging equipment – PET-MRI – at the same time. Shanghai Artemed Hospital aims to introduce advanced international medical standards and learn from leading hospital management and operation experience. The hospital offers high quality medical services and treatments domestically while enables local medical talents to learn and master their expertise and technologies through top-notched training and advanced technology.

German COGNOS International Group is one of the largest education groups in Germany that specializes in professional training in terms of health care and nursing. COGNOS has been focusing on cooperation with overseas companies, especially companies in Asia that aim to know the advanced technologies from Europe, America and even the world to the cooperative enterprises through education and training.

Shanghai Artemed Hospital is expected to operate at the end of 2018. Once fully operated, it will be engaged in the international professional and vocational training associated with COGNOS for medical talents in Shanghai and even in China at the International Training Center of Shanghai Artemed Hospital. Serving as a bridge for the exchange of advanced medical technologies at home and abroad, Shanghai Artemed Hospital introduces world class technology and showcases advanced technologies of China, so as to better serve medical talents and even better serve the patients.