ECON Healthcare Group (Asia) Limited (“ECON Healthcare”, Stock Code: EHG.SGX) completed its IPO and listing on the Catalist Board of Singapore Exchange Limited (SGX) on April 19, 2021, offering 50 million shares at SGD 0.285 per share. The capital raised will be used to expand the company's operations in Singapore and other countries.

With a history of 30 years, ECON Healthcare is the largest private nursing home operator by revenues in Singapore and Malaysia. The company operates 10 medicare centers and nursing homes, which mainly provide residential nursing care services, home care services, rehabilitation services, clinical services and Traditional Chinese Medicine services. The company has established nursing homes in cities such as Chongqing and Dujiangyan. The one in Chongqing is the first "Belt and Road" international cooperation project on the medical care and nursing for the seniors.

As the Chinese legal adviser to the sponsor, Jingtian & Gongcheng's legal team provided one-stop, end-to-end legal services for the IPO and listing of ECON Healthcare, including conducting Chinese legal due diligence, offering legal opinions and assisting in answering the regulator's feedback on IPO application, thus being recognized and trusted by the project team for its strict and efficient work, as well as meticulous and devoted services.