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Neusoft buys land for medical & healthcare park

May. 30, 2012 (China Knowledge) - Neusoft Co Ltd<600718>, the leading domestic provider of IT solutions and services, announced yesterday that it, together with two of its subsidiaries, buys three plots in Shenyang of Liaoning Province to build a medical and healthcare park.

The company said in a statement that the three plots, with a total cost of RMB 230 million, are located in Dongling District and cover a land area of 570 Mu in total.

The Shanghai-listed company said that the move is part of its effort to develop in the medical and healthcare cloud service industry.

In the first quarter of this year, the company's net profit surged 88.99% YoY to RMB 55.34 million and its operating revenue rose 19.33% to RMB 1.24 billion.

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