Zhuozheng Medical has passed the listing hearing on the Main Board of the Hong Kong Stock Exchange.

*Image source: Post - hearing data set of Distinct Healthcare

Good Teeth · News |Recently, information on the official website of the Hong Kong Stock Exchange showed that Distinct Healthcare Holdings Limited (hereinafter referred to as "Distinct Healthcare") passed the hearing for listing on the main board and released the post - hearing data set. Haitong International and SPDB International are the joint sponsors.

*Image source: Post - hearing data set of Distinct Healthcare

According to the post - hearing data set, Distinct Healthcare achieved an operating income of 696 million yuan in the first eight months of 2025, a year - on - year increase of 13.15%; the gross profit was 167 million yuan, a year - on - year increase of 9.75%; the profit during the period was 83 million yuan, a year - on - year increase of 59.52%.

*Image source: Post - hearing data set of Distinct Healthcare

In terms of business structure, Distinct Healthcare's revenue mainly comes from physical medical services. As of August 31, 2025, for the eight - month period, its dental business revenue was 114 million yuan, accounting for 17.8% of the physical medical service revenue, a 16.1% increase compared with 98 million yuan in the same period of 2024; the total number of patient visits was 102,900, a 13.6% increase compared with 90,600 in the same period of 2024; the average cost per visit was 1,110 yuan, a 2.2% increase compared with 1,086 yuan in the same period of 2024.

In the whole year of 2024, Distinct Healthcare's dental business revenue was 148 million yuan, accounting for 17.0% of the physical medical service revenue. The total number of patient visits was 134,500, and the average cost per visit was 1,104 yuan.

Its data set shows that according to the Frost & Sullivan report, in terms of revenue in 2024, Distinct Healthcare ranked third in the private mid - to - high - end comprehensive medical service market in China, with a market share of about 2.0%. In terms of the number of Chinese cities covered as of December 31, 2024, the company ranked first among all private mid - to - high - end comprehensive medical service institution groups; in terms of the number of paying patient visits in 2024, it ranked second.

As of the last practicable date, Distinct Healthcare operates 19 medical service institutions in 11 cities in China, including 17 clinics and 2 hospitals, and has 387 full - time doctors. The data set shows that in the first ten months of 2025, the total number of paying patient visits to the company's medical service institutions was 671,400, a 13.8% increase compared with 589,800 in the same period of 2024.