Mitsui & Co., China Resources Group (CR), and HOPU Investments have agreed to establish a joint venture, CMH Healthcare Holding Co., through their respective subsidiaries, and to establish a joint investment company for fund schemes, CMH Healthcare Fund L.P. (CMH Healthcare Fund) through CMH Healthcare, and concluded related contracts.

With a total scale of about US$1 billion, CMH Healthcare Fund plans to invest in leading medical services providers (such as clinics, specialty hospitals, and healthcare facility managers) mainly in China, as well as in healthcare-related business in China and other countries. It aims to provide solutions from an industrial point of view to various issues facing the Chinese healthcare market, and at the same time, capture demand from the accelerated growth of the market.

With Mitsui, CR, and HOPU also taking part in investments through their subsidiaries, CMH Healthcare Fund plans to invite investments from investors globally.