Medical Services iKang intends to Nasdaq: maximum financing $ 150 million i horse March 4 morning news, medical examination and health management services iKang submitted today to the SEC IPO application, planned to go to the NASDAQ Global Select Market, the largest financing $ 150 million. According to the prospectus, as of fiscal year 2012, iKang total of 42 health centers and 300 self-signed third-party partner organizations. In 2012, a total of 1.9 million customers with health services. China's 100 largest companies, 71 are iKang customers. IKang said that at present, China's health insurance policy is not covered by medical examination services, although most medical examination carried out in public hospitals, but the choice of private service providers number of customers is increasing as private services can be undertaken within the scope of price to provide quality services. The following is iKang F-1 file summary of the contents: Summary:
We are the largest private provider of preventive health services China on the rapidly growing market; according to consulting firm Frost \u0026 Sullivan (Frost \u0026 amp; Sullivan) data show, according to 2012 revenue calculation, we occupy a 11.6% share in this market. Through our integrated service platform and national network of medical centers have established their own status as well as third-party service provider facilities, we can provide comprehensive, high quality preventive healthcare solutions, including extensive coverage of a range of medical examination service, and value-added services, including disease screening and other services, including like. Our customers are business customers who sign a contract with us, by our employees and provide medical services to their customers, which places corporate customers agree in advance to pay a good price for these services. We also sell services directly to individual customers. In the 2012 fiscal year, we have a total of about 1.9 million "dragon ball z wigs " individual customers to provide services, including corporate customers employees and customers. Chronic diseases in China are becoming increasingly common. The number according to Frost \u0026 Sullivan consulting firm data, in 2012 suffering from hypertension, diabetes and high cholesterol, respectively, compared with 2001 growth of 89%, 97% and 71%. In the situation of chronic diseases rise, more and more people recognize the importance and benefits of positive knowledge of preventive health care services.
At present, China's health insurance policy is usually not covered by medical examination services. Although most medical examination is still carried out in public hospitals, but the choice of private service providers is increasing the number of customers, because private services to provide quality services for its affordable prices. As at December 31, 2013, our nationwide network consists of 42 own medical centers, these medical centers are our main source of revenue. Our own medical center network covering China's 13 richest cities, namely Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Tianjin, Nanjing, Suzhou, Hangzhou, Chengdu, Fuzhou, Changshu and Jiangyin. We also work with third-party service provider about 300 facilities signed a contract to provide a complement to our own network of medical centers. These third-party service provider facilities include a selection of independent medical examination centers and hospitals, covering all provinces in China, thus creating a nationwide network that allows us not yet have its own medical center on markets for customer service . Our nationwide network provides a wide range of health care medical services, can provide 'one-stop' solution to corporate customers, these business customers have a wide geographical 'footprint' in China. As a single point of contact business customers, we are located in different regions of their employees and customers with consistent high-quality services, thus reducing the administrative burden on business customers. We also provide professional counseling and medical referral services, so that they receive more diagnosis or treatment if necessary.
Our medical center independent of the hospital, its location in prime locations are in the city, with an average area of 2,500 square meters. Each medical centers are equipped with advanced equipment, have experienced medical experts, can provide customers with a comfortable and friendly environment. In fiscal 2012 and the nine months ended December 31, 2013, our net revenues were 83.2% and 79.2% from corporate customers, the remaining net revenue comes from individual customers. In the 2012 fiscal year, we provide approximately 1.7 million individuals from more than about 11,200 corporate customers of the service, these corporate clients from various industries, such as financial services, telecommunications, retail, consumer products and information technology; In addition, We have about 206,000 individual customers service. Listed in the 'Forbes' Top 100 Chinese Enterprises of companies, 71 are our customers, including the top ten commercial banks in China and many other blue-chip companies. We have for "clover cosplay " many multinational companies to provide services on the Chinese market, including into the 2013 'Forbes' list of the world's top 500 companies 189 companies. In 50 large customers in fiscal 2012, 90% of our customers' time have been more than four years. In addition, in order to adapt to China's high net worth individuals brought growing wider, higher quality health services demand situation, we have to love Kang Junan brand name, respectively, in September 2013 and December 2013 Nanjing and Beijing opened two high-end medical examination center. We believe that, through its own centralized information technology platform, we are at the forefront of the industry.
We operates an online and telephone medical management and consulting system that can make customers very easily, without difficulty into our national network. By customer schedules and payment systems, we will integrate third party service providers into our networks. Our information technology systems: 1) allows individual customers to obtain their medical examination results and moves through the network, and provide analysis tools to help them better understand their health; 2) enables enterprise customers the ability to monitor and analyze its aggregation anonymous employee-related health data, and; 3) We have the ability to track their business and internal performance indicators that will help us to develop priorities for the marketing and sales plans. Since its inception, we have been through organic growth and strategic acquisitions has achieved rapid growth. As of December 31, 2013, we have increased the number of its own medical center from 2006 of one to 42. We have expanded its customer base to FY10 from approximately 5,200 corporate customers in fiscal year 2012 to about 11,200 corporate customers, and in December 2013 nine-month period ended 31 years further expanding to about 16,900 corporate customers. Total customer visits from fiscal year 2010 to about 106.7 million to fiscal 2011 to about 138.1 million in fiscal cosplay costumes for sale 2012 and about 193.1 million people, representing a compound annual growth rate of 34.5%; as of December 2013 9 months 31 years, a total of about 230.6 million customer visits. In fiscal year 2010 to fiscal year between 2012, our revenue grew from $ 68.2 million to $ 133.9 million, representing 40.1 percent CAGR. As of December 2013 nine-month period 31 years, our net revenues reached $ 172.8 million. Welcome to 'Entrepreneur healthcare industry group' micro-channel group, talk about your answers, we talk with the doctor start this thing, pick up the phone to scan two-dimensional code to the following figure into the group: