PR96199

HONG KONG, May 25, 2022 /PRNewswire=KYODO JBN/ --

The World Economic Forum Annual Meeting 2022 was held in Davos, Switzerland

from May 22 to 26. On May 23, Ms. Gong Rujing, Chairlady, CEO and Founder of

Yidu Tech Inc. (HKEx: 2158), was invited to attend a round table session on

"China Investment and Economic Outlook", discussing topics such as China's

economic resilience and investment prospects.

Participants of the round table also included Zhu Ning, Deputy Dean and

Professor of Finance, Shanghai Advanced Institute of Finance, Jonathan Krane,

Chief Executive Officer of KraneShares, John Tuttle, Vice-Chairman and Chief

Commercial Officer of NYSE Group Inc. and Marcos Troyjo, President of New

Development Bank.

Acceleration of digital transformation in the healthcare sector boosts

value-driven growth

In recent years, China's healthcare industry is undergoing a transformation

from informatization to digitalization to intelligentization, to establish a

value-based healthcare system. During the session, Ms. Gong said that the

digitalization of the healthcare industry in China is continuing to accelerate,

with areas such as public health management and new drug research and

development. She believes that in the long run, the value of a company depends

on the value that it can provide for the industry, and based on the clear

growth fundamentals of the healthcare industry, Yidu Tech remains very

optimistic about the future of the healthcare intelligence industry.

Healthcare Intelligence helps reduce costs and increase efficiency

China's elderly population aged 60 and above has exceeded 260 million. Ms. Gong

believes that the application of healthcare intelligence will effectively

address the problems associated with an aging population, driving cost

reduction and efficiency. Ms. Gong mentioned that by utilizing data insights to

optimize new drug R&D design and apply intelligent patient screening, Yidu Tech

has helped a partner developing rare diseases drugs to shorten their clinical

phase II by about 20 months.

This year's meeting brought together nearly 2,500 dignitaries and experts from

around the world to discuss how to develop long-term policies and strategies to

revitalize the global economy. Børge Brende, President of the WEF, said that

China has made a huge contribution to global economic growth and its stable

economic growth is of great significance to global recovery.

SOURCE:  Yidu Tech

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   Caption: Ms. Gong Rujing, Chairlady, CEO and Founder of Yidu Tech, was invited to attend

the special session of “China Investment and Economic Outlook” virtually