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Roan Holdings Group Announces Agreement to Set Up Joint Venture to Expand in Consumer Health Services Market

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BEIJING and HANGZHOU, China, Oct. 14, 2021 /PRNewswire/ — Roan Holdings Group Co., Ltd. (“Roan” or the “Company”) (OTC Pink: RAHGF and RONWF), a provider of diversified solutions in financial, insurance and healthcare related products and management services, today announced that the Company’s subsidiary, Yifu Health Industry (Ningbo) Co., Ltd. (“Yifu”) has signed a cooperation agreement (the “Agreement”) with Smart Cloud Technologies Holding (Beijing) Co., Ltd (“Smart Cloud”), a blockchain and AI healthcare data security solutions provider, and Shanghai Jingmu Information Technology Co. Ltd. (“Jingmu”), a critical disease medical consultation firm, to set up a remote medical consultation and traditional Chinese medicine direct supply joint venture (the “Target”) targeting overseas big health markets.

Pursuant to the Agreement, the Target will make use of Jingmu’s system development expertise to build a remote medical consultation and traditional…

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