European Wellness Biomedical group signs MoU with Jilin Hanxing Group

23 September 2024

KOTA KINABALU: In a groundbreaking development poised to transform the global wellness and regenerative medicine landscape, the European Wellness Biomedical Group and Jilin Hanxing Group have entered into a significant Strategic Cooperation Agreement.

The formal signing ceremony occurred during the grand opening of European Wellness' new Premier Centre here.

Prof. Dato' Sri Dr. Mike Chan, Founder and Chairman of European Wellness Biomedical Group, and Mr. Fang Tie Ji, Chairman of the multi-billion-dollar Jilin Hanxing Group from Donggang City, Liaoning Province, China, were instrumental in formalizing this agreement.

This collaboration represents a pivotal advancement in fostering international cooperation within the wellness and healthcare sectors.

The agreement outlines plans for a joint venture aimed at establishing a state-of-the-art Regenerative Medicine and Health Complex in Sanya, Hainan, China.

This ambitious initiative is envisioned as a harmonious integration of "medicine, beauty, and health therapy," positioning itself at the forefront of the global wellness industry.

Chan expressed his enthusiasm about the partnership.

"This collaboration with Jilin Hanxing Group represents a monumental opportunity to combine our expertise in regenerative medicine with their vast resources and network in China. Together, we aim to create a world-class facility that will set new standards in health and wellness on a global scale."

Fang, who also serves as a committee member of the Hainan Sanya economic advisory board of the Chinese People's Political Consultative Conference, shared his perspective.

"This partnership between European Wellness and Hanxing Group symbolises a fusion of Eastern and Western approaches to health and wellness. We are excited about the possibilities this creates for advancing healthcare not just in China, but globally."

Notably, the agreement includes provisions for immediate action even as the Sanya complex is under development.

Over the next 18 months, while the China center is being constructed, Jilin Hanxing Group will facilitate the transfer of Chinese VIP clients to receive therapies at European Wellness' newly opened Premier Centre in Kota Kinabalu.

This arrangement ensures that Chinese clients can benefit from European Wellness' cutting-edge therapies without delay, while also boosting medical wellness tourism in Sabah.

Chan commented on this aspect of the collaboration.

"We're thrilled to welcome Chinese clients to our Kota Kinabalu centre. This not only allows us to provide immediate access to our advanced therapies but also serves as a precursor to the level of care and service that will be available at our future Sanya complex."

The potential benefits of this collaboration are far-reaching advanced Stem cells, Immunology and Education Research and Development.

The partnership will facilitate knowledge exchange and collaborative research, potentially accelerating breakthroughs in regenerative medicine and anti-aging therapies.

Medical Wellness Tourism boost the new complex aims to attract health-conscious individuals from around the world, positioning Sanya as a premier destination for medical wellness tourism. In the interim, Sabah will see an influx of high-value medical wellness tourists from China.

European Wellness will gain enhanced access to the vast Chinese market, while Jilin Hanxing Group will benefit from European Wellness' global expertise and reputation.

The signing of this agreement underscores the growing global interest in wellness initiatives and the potential for cross-border collaboration in the industry. It represents a significant step towards creating a more interconnected, advanced global wellness ecosystem.

As both companies embark on this exciting venture, the wellness industry watches with keen interest.

The collaboration between European Wellness and Jilin Hanxing Group promises to usher in a new era of innovative health solutions, benefiting individuals seeking cutting-edge wellness therapies worldwide.