BEIJING, March 11, 2016 /PRNewswire/ -- During a press conference on March 10, iKang alleged a "violation of anti-monopoly law by Meinian Onehealth Healthcare Holdings Co., Ltd (SZSE:002044) (Meinian) and its ultimate controlling shareholder Mr. Rong Yu."
Meinian rejects this allegation, and hereby issues the following statements:
The buyer group, of which Meinian is a member, remains committed to acquiring iKang in compliance with relevant regulations and laws. Meinian has always worked, and will continue to work, to the highest standards of business ethics to support the healthy and positive development of our industry and market.
Meinian Onehealth Healthcare Holding Co., Ltd
Meinian Onehealth Healthcare Holding Co., Ltd ("Meinian") was founded in 2004. It is China's leading preventive healthcare service provider, with more than 130 self-owned medical examination centers in more than 80 core cities. In 2015, Meinian provided its services to almost ten million customers. The development of Meinian is built on the size of its customer base, the accuracy of its data, and the standardised medical service it provides across China. Leveraging its professional medical examination services and health risk evaluation, Meinian also provides high quality healthcare management services, including preventive healthcare and wellness maintenance, to its corporate and individual customers. On August 2015, Meinian became an A-share listed company (SZ: 002044). Meinian is an influential listed company in the medical service and healthcare sectors in China.
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Darren McDermott