Tian Ge, Xi He collaborate to develop new mobile health management platform

Tian Ge Interactive Holdings Limited (Tian Ge, 1980.HK), the largest "many-to-many" live social communities platform in China, announced that the Company has agreed to invest approximately RMB24 million (~USD$3.8 million) in exchange for approximately 34.47% equity interest in Hangzhou Xi He Technology Co., Ltd. ("Xi He"), a market leader in providing health management software to hospitals and physical check-up clinics in China, on a fully-diluted basis.

"We are excited to collaborate with Xi He on co-developing a new mobile health management platform to expand to the post-physical examination health management market in China," said Mr. Mike Fu, Chairman, Executive Director and Chief Executive Officer of Tian Ge.

Mr. Fu added, "Xi He is leading cloud-based health management system provider and has an established network of hospitals and physical examination centers, which services health oriented users and doctors nationwide. I believe that by leveraging Tian Ge's operating and technological expertise, ecosystem, virtual economies and capital strength, and Xi He's access healthcare users and data analytics, we are confident in our capability towards developing the next generation emerging healthcare mobile applications."