56 PERENNIAL HOLDINGS PRIVATE LIMITED RENSHOUTANG 人寿堂 Established in 1993, Renshoutang is a pioneer in the provision of integrated eldercare services in China and stands as one of Shanghai’s foremost private operators in this sector. Perennial Holdings holds the largest single stake in the company, with close to 50% interest. As at 31 December 2024, Renshoutang’s extensive portfolio encompasses over 30 eldercare and nursing facilities, predominantly located in Shanghai, with a combined total of close to 15,000 operational and pipeline beds. Renshoutang offers a comprehensive suite of eldercare facilities, products and services designed to meet the diverse needs of seniors requiring varying levels of support. Its comprehensive suite of services span eldercare, nursing care, rehabilitation and dementia care. Renshoutang also provides medical care, including specialised care for chronic diseases and TCM. In recognition of its exemplary integrated care model, Renshoutang was honoured with China’s Top Five Eldercare Service Brand Award in 2020. Its pharmaceutical arm, Renshoutang Medicine (人寿堂国药), has been distinguished with the prestigious China Time-honoured Brand (中华老字号) designation by the Ministry of Commerce, an accolade traditionally reserved for brands established before 1956. Furthermore, in 2021, Renshoutang received the “Excellent Nursing Team in Shanghai Social and Medical Institutions” award from the Shanghai Association of Social and Medical Institutions, affirming the exceptional quality of its nursing services. Renshoutang operates under three distinct brands, each offering varying service levels based on clients' needs and expectations. Yixian Eldercare (逸仙颐养) offers simple accessible quality care, Xiehe Eldercare (协和颐养) attracts a more affluent clientele, and Renshoutang (人寿 堂) serves clients who require the highest level of quality eldercare. Beyond institutional care, Renshoutang extends its expertise to in-home eldercare services, enabling seniors to receive professional support in the comfort of their own homes. These services include assistance with daily activities such as bathing, grooming, dressing, and maintaining personal hygiene, alongside medical and nursing care and support for bed-bound individuals. This initiative aligns seamlessly with government efforts to enhance eldercare services within home and community settings. In 2020, Renshoutang expanded its offerings to include mobility aid rentals and meal delivery services. The excellence of its home-based care was recognised in 2022 when a care team member received the silver prize for “Home-based Long-term Nursing Care” from the Shanghai Changning District Healthcare Security Administration. With a robust pipeline of committed projects and an expanding portfolio of beds, Renshoutang is poised to become one of the largest and most influential eldercare service providers in the Yangtze River Delta region. CHINA HEALTHCARE BUSINESS Renshoutang’s Presence Map CHANGSHA 长沙 Operating Capacity: 1,850 XIANTAO 仙桃 Operating Capacity: 540 JURONG 句容 Operating Capacity: 1,000 WUHAN 武汉 Operating Capacity: 1,210 Committed Pipeline: 210 TIANJIN 天津 Operating Capacity: 280 SHANGHAI 上海 Operating Capacity: 6,300 Committed Pipeline: 1,710 ZHENJIANG 镇江 Operating Capacity: 360 Operating Capacity Committed Pipeline SUZHOU 苏州 Operating Capacity: 710 CHANGZHOU 常州 Operating Capacity: 490
RkJQdWJsaXNoZXIy NTM2MDQ5