Aier Eye Hospital

爱尔眼科

Aier Eye Hospital Group operates as a professional ophthalmic medical chain institution.

Aier Eye Hospital, founded in January, 2003 and headquartered in Changsha, is an ophthalmic medical institution in China. The founder is Chen Bang. Listed on the SZSE on October 30, 2009, the company's major shareholders are Aier Medical Investment Group Co., Ltd., Chen Bang and Hong Kong Securities Clearing Co., Ltd.. Rivals that have direct and indirect competition with Aier Eye Hospital include EuroEyes, Cmereye, Alcon, Bausch & Lomb, etc.

Aier Eye Hospital Group operates as a professional ophthalmic medical chain institution.

Sector

Healthcare

Industry

Healthcare Facilities/Services

Sub-industry

Healthcare Services

Founded date

Jan 24, 2003

HQ location

Hunan, China

Legal name

Aier Eye Hospital Group Co

Website

http://www.aierchina.com/

zhengquanbu@yeah.net

Number of Employees

16430

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Jul 30, 2020 01:43 pm ·

Ophthalmic Device Maker Eyebright's Price Rises over 500% on IPO

The ophthalmic device maker hit the SSE Star Market at an issuing price of CNY 33.55. The market later fired the share price to a high point of CNY 233.55, an over 500% increase within the IPO day. The company plans to use the public fundraising to develop advanced ophthalmic equipment and lenses and expand its capabilities to produce complementary products. The Beijing-based startup focuses on developing high-value medical equipment in two primary areas: ophthalmologic surgeries and vision care. It established the optometry product line in 2019 and obtained a total of up to CNY 195 million revenue that year, an 160.9% increase from CNY 74.74 million in 2017. The COVID-19 pandemic has caused a negative impact on the company's business. Since February 2020, most hospitals and clinics gradually suspended ophthalmic surgeries. Eyebright's major competitor Aier Eye Hospital (300015:SZ) experienced a slump amid the outbreak and now is bouncing to a higher per-share price level. As the tension loosens, the company sees a recovery in order and expects to reach the same level as 2019 Q2.

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