Zhejiang Medical & Health Group (ZMH Group) is China's first provincial-government medical & health industrial investment and development platform which is jointly invested and established by 5 state-owned large enterprises , namely, Zhejiang Tourism Group，Juhua Group Corporation, Zhejiang Energy Group Co., Ltd., Hangzhou Iron & Steel Group Company and Zhejiang State-owned Capital Operation Co., Ltd.
It is considered a critical platform of Zhejiang province to develop the trillion-yuan-level big health industry. The group was founded in July 2016, with a registered capital of RMB 800 million yuan. At present, under the management of the group, there are entities such as ZMH Quzhou Hospital, ZMH Hangzhou Hospital, ZMH Changxing Hospital, ZMH Kaihua Hospital, Zhejiang Renxin Pharmaceutical Co., Ltd., Hangzhou Yagu Resort Hotels, and Zhejiang Yujian Health Management Co., Ltd. The group has formed the all-round industrial development pattern with an integration of hospitals, rehabilitation hospitals, community health management, health tourism, health theme hotels and pharmaceutical logistic company.