"In the future where artificial intelligence and detection combine, artificial intelligence and imaging, we have the full opportunity to be on the same level as the rest of the world and even to take a leading position around the world, and I've always said that, Over the next ten years, China has the opportunity to create a new generation of BAT-sized companies, most likely health industries. "On November 29, Wang Ran, Founding Partner and Chief Executive Officer of EME Capital, Will 2018: Forecast and Strategy "so said.
Wang Kai, Founding Partner and Chief Executive Officer of EK Capital
Wang Ran said that the health field has several basic characteristics: first, enough just need. Second, the chances of new products, new technologies and new models emerging are high enough. Third, there are deep moat.
He believes there is clearly a lot of potential in the industry, with a focus on the ongoing market changes and the basic availability of demographic dividends.
The following is his speech record:
Wang Ran: I am a real outsider on the stage. Our company has a lot to do with health. One simple concept is that in November, the total amount of financing we have provided to the entire health industry is about 3 billion yuan New drug companies, new therapies, health services, and more.
When we formed the health team three or four years ago, it was a very clear attitude to the person in charge of us that there was no budget cap in this field and how many people were involved. As long as it is appropriate, this area is our focus. of. Why did such a judgment? The first 35 years before China is basically a real estate promotion, mainly because we have a demographic dividend. Later, the Internet, but also the demographic dividend. Then there was the mobile Internet, which continued to be the demographic dividend. Today, many people say the era of demographic dividend is over, and then rely on innovation, rely on other things. What is interesting is that when we put innovations on the health industry, we find out that we have demographic dividend again. What is this demographic dividend? data. The core driver of the future health industry relies on artificial intelligence and data. The richness of China's data naturally has advantages over other developed countries. We have full opportunity to take full advantage of the advantages of the population and the advantages of the data in industries that are related to the health field and represent the future and innovation. Forefront. Compared with other countries in many industries, especially compared with the most leading companies in the United States, it is inherently disadvantageous or has first-mover advantage. However, in the future where artificial intelligence and detection are combined, artificial intelligence and imaging In the area of integration, we have the complete opportunity to be on the same level as the rest of the world, and to take a leading position globally. I have always said that in the next 10 years, China will have the opportunity to launch a new generation of BAT-rated companies, most likely the health industry.
The health field has several basic characteristics: first, enough just need. Second, the chances of new products, new technologies and new models emerging are high enough. The original infrastructure is lagging behind, so the prospect of replacement is very good. Third, there are deep moat. This is important because in the area of health there is a need for very deep professional competence and technical expertise that is moatous and not easily capitalized by the advantages of data. At the same time, we also see that in this area, indeed, the capital is fierce, and a new generation of important capital players emerges. The "national team" has been involved in this field at a very early stage. They have longer lines Thinking and more long-term vision to participate in the development of this area. In this sense, focusing on the health industry, in addition to its 4 trillion room for growth, the most important thing is that there is ample chance of subversion here and there are enough places to nurture the birth of a great new generation of enterprises. Although there are a lot of backward places and lots of problems to solve, if we look at the ongoing market changes and basically make the most of the demographic dividend, I think the industry is clearly potentially of great potential. .
[Editor: Yan started PQ016]