Todays news was very solid. SDG Global Group Forms Partnership For
Development & Management of Healthcare Projects in China
SDG Global Group Inc (the “Company” or “SDG”) has signed a Memorandum of Understanding (MOU) with a leading group in Zhengzhou, China, to work together for development and management of senior care, healthcare, residential and related facilities in central China Henan Herong Senior Care Industrial Group (“Herong”) and the Company will develop, invest in and manage projects in senior care, healthcare, education, real estate and related sectors.
The first project is a senior care facility in Zhengzhou, central China, which is already under construction by Herong. The project includes a senior care home, hospital, and residential facilities.
SDG will bring to the project technology, products, service providers and partners from its international network, as well as investment.
SDG will also be involved in the training and recruitment of staff for the facility, with the proposed creation of a training academy on the site to provide staffing and training, not only for this project, but for future ones with Herong and 3rd party projects.
Mr Jian Xing Guo, CEO of Herong Senior Care Industrial Group, commented: “We are looking to build
a leading national branded alliance of senior care homes and related facilities and services across
China’s major cities, starting in central China. SDG’s network and experience enables us to get access
to best-in-quality senior care management and services globally. We are also looking forward to
expanding the partnership beyond healthcare into sectors like education, sustainability, cultural and
tourism development."
Simon Littlewood, President of SDG, commented: "The senior care services sector in China is
expanding rapidly as China’s population ages and life expectancy increases: around 18% of the
population, equal to 250 million people, are aged 60 or over, with that figure projected to increase
rapidly, and spending on the elderly projected to rise from 7% to 26% of GDP (see China Daily).
The rapid increase in wealth and number of seniors has led to a rise in both demand and expectations,
and created shortages of both facilities and service providers. Herong is in a strong position to tap
into the opportunity to build and run quality, affordable facilities and services, and we are looking
forward to partnering with them to provide access to international service providers, technology,
management, training and capital for the projects.”
About Henan Herong Senior Care Industrial Group
Henan Herong Senior Care Industrial Group is a diversified development and investment group, with
13 subsidiaries located in Henan, China and its headquarters in Zhengzhou, central China. Its
operation covers senior care real estate, residential services, medical care, ecological agriculture,
education technology and many other fields.
About the Zhengzhou Project
Located 10 minutes’ drive from the airport and the proposed high speed rail station, the development
includes over 750 apartments, a senior care home and hospital, plus related facilities.
For additional information on the project, visit www.sdgglobalgroup.com/herong
About SDG Global Group Inc (previously known as Tian’an Pharmaceutical Co. Ltd)
SDG is an investment and consulting group, listed on the US OTC stock market (stock code: TNPH).
SDG invests into and works with businesses worldwide with technology, products or services focused
on sustainability or improving quality of life. Core sectors are health, education, food, and sustainable
technology, products and services.
SDG takes stakes in and partners with businesses that it believes are scalable and can benefit from
SDG’s resources, experience and network, actively working with their management team to help
them grow the business. We invest globally, at all stages of a businesses’ development, and are
flexible on structure, deal size and stake.
The SDG management team has a long history of working and investing in the sustainable sector and
in Emerging Markets, dating back to the 1980’s, and has built up a network of contacts and partners
globally in finance, investment, family offices and foundations, business, government, research and
academia that work alongside us in our transactions.
For further information, please visit www.sdgglobalgroup.com, or email info@sdgglobalgroup.com
