Xunfei Healthcare Technology Co Ltd (Ticker: 2506 HK) is a healthcare technology company and a subsidiary of iFLYTEK, specializing in artificial intelligence (AI) applications for the medical sector. Founded in 2016, the company integrates AI technologies such as speech and image recognition, natural language understanding, and large language models to enhance medical diagnosis, chronic disease management, and hospital information systems. Xunfei Healthcare aims to improve access to quality care, empower community-level medical services, and support national healthcare reform policies.
Xunfei Healthcare will list on the Hong Kong Stock Exchange on December 30, 2024. The IPO includes 7.04 million shares priced at HKD 82.80 each, targeting proceeds of HKD 582.54 million (USD 74.97 million). The offering is managed by ABCI Capital Ltd, Advent Securities Hong Kong Ltd, CCB International Capital Ltd, CMBC Securities Co Ltd, and China Galaxy International Securities.