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January 20, 2017 -- China Life Private Equity Investment Company signed a strategic partnership agreement with Dareway, extending the cooperation from an investment level to strategic partners in medical insurance payment monitoring and medical data applications.

“The strategic partnership is a further step for full front cooperation after our equity investment in Dareway, allowing both sides to fully mobilize each other’s resource for the mutual cooperation and development.” Wan Yiqing, CEO of China Life Private Equity Investment Company said.

According to the agreement, the two sides will collaborate in medical insurance payment monitoring, medical data applications as well as other healthcare related technology services.

China Life Private Equity Investment Company became the largest institutional investor of Dareway by participating its private placement in December 2016.

Dareway was founded in November, 1992. It is one of the earliest technology companies who is licensed by Ministry of Human Resources and Social Security of China (拥有人社部全部核心信息化平台资质). Its products and services cover around 20 provinces and municipalities in China, serving more than 200 million people.