45 ANNUAL REPORT 2024 OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX PERENNIAL TIANJIN SOUTH HSR INTERNATIONAL HEALTHCARE AND BUSINESS CITY 鹏瑞利国际健康商旅城 (天津南站) Perennial Tianjin South HSR International Healthcare and Business City (“Perennial Tianjin”) is Perennial Holdings’ secondgeneration healthcare-centric High-Speed Railway (“HSR”) Transit-Oriented Development (“TOD”), which integrates medical care, eldercare and hospitality. It also has the distinction of being the world’s first HSR TOD of its kind. Spanning a gross floor area (“GFA”) of approximately 3.5 million square feet (“sq ft”), this landmark development is strategically positioned adjacent to Tianjin South HSR Station, serving as the premier regional healthcare hub for the Jing-Jin-Ji megalopolis, seamlessly connecting Beijing, Tianjin and Hebei in North China. The medical component of Perennial Tianjin, encompasses three cuttingedge hospitals totalling 1,000 beds. This includes Perennial General Hospital Tianjin, China’s first wholly foreign-owned Doctors and medical groups can instead utilise shared medical facilities and services provided and managed by Perennial Holdings, including advanced operating theatres, diagnostic imaging equipment and an extensive clinical laboratory. private tertiary general hospital. This 500bed hospital covers comprehensive medical disciplines and features a unique asset-light co-medical space concept for doctors and medical groups, where they focus solely on providing medical consultations and treatments without investing in medical facilities and services. CHINA HEALTHCARE BUSINESS
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