Us-china Biomedical Technology Inc's Comment on Competitors and Industry Peers
Our potential competitors include Chinese based patient referral companies and
agencies who provide international healthcare referral services similar to ours,
such as Hope Noah Company in Beijing, Saint Lucia Consulting in Beijing, Shanghai
Medical Tourism Products and Promotion Platform, and Ryavo Healthcare in Shanghai.
Our potential competitors have substantially greater financial, technical, and
human resources than we do, as well as established market share and the commercialization
of their services. Our competitors’ services may be more effective, or more
effectively marketed and sold, than any services we may commercialize and may
render our services obsolete or non-competitive before we can recover the expenses
of their development and commercialization. We anticipate that we will continue
to face intense and increasing competition as new service providers enter the
market and if we cannot maintain solid relationships with top tier physicians
and hospitals. However, we believe that if we are able to further develop our
business plan, establish solid relationships, and provide our own medical technology
which has been developed by our majority shareholder, we may have key potential
advantages over competitive services that could enable us to capture meaningful
market share from our competitors.