MedSci Healthcare

MedSci Healthcare (思派健康科技) is a Chinese healthcare services company founded by Ma Xuguang, who serves as executive director, chairman and CEO . It raised nearly 2 billion yuan in a Series E1 round co-led by Tencent and Jeneration Capital in December 2020, with 5Y Capital among the participants , and listed on the Hong Kong Stock Exchange on December 23, 2022 under ticker 0314.HK . The company has since pursued a partnership-heavy strategy across insurance and provider networks: it signed strategic agreements with Shanghai Anda Hospital, VISTA Health, Ping An Health Insurance, Anruijiaer and Zijin Insurance between April 2025 and November 2025 . Ma has described the company's approach through an ecological lens—viewing medicine, pharmaceuticals and health insurance as nested layers within a broader social context .