Winning Health Raises RMB 300 Million in Series C Funding, with CEC Capital as Exclusive Financial Advisor

Shanghai Winning Health Software Technology Co., Ltd. ("Winning Health") recently raised RMB 300 million in its Series C financing round. The investment was led exclusively by Taiping Medical and Health Industry Fund, a subsidiary of China Taiping Insurance Group, with participation from Cathay Capital, China Electronics Data, SND Financial Holdings, and T-LION CAPITAL.

CEC Capital served as the exclusive financial advisor to Winning Health in this transaction.

The funds raised in this round will be used to increase technology research and development, support new business expansion, and enhance business functionality.

Founded in 2012, Winning Health is a leading provider of digital risk control solutions and services for medical insurance and commercial insurance in China. The company leverages technology to reduce costs and enhance efficiency in the medical security system. They strive to contribute to the nation's significant strategy of "accelerating digital development and building a digital China." In 2019, Winning Health Technology exclusively won the bid to build core subsystems for the National Medical Insurance Bureau's medical security information platform, namely the "Fund Operation and Audit Supervision System" and the "Medical Security Intelligent Supervision System." Subsequently, the company's business footprint rapidly expanded nationwide, covering 70% of provincial and municipal regions and serving over 1,400 hospitals. It has become the most comprehensive, widely covered, and effective risk control solution provider within the medical insurance system.