Family Bank: Global Cord Blood Corp - Guangdong

About

Global Cord Blood Corporation, formerly known as China Cord Blood Corporation (NYSE: CO) is the largest umbilical cord blood banking operator in China. Global Cord Blood Corporation owns the cord blood banking licenses for the provinces of Beijing, Guangdong, Zhejiang, and holds a stake in the province of Shandong.

Labs and Locations

• Guangdong Cord Blood Bank, a member of Global Cord Blood Corporation, received its cord blood banking license in June 2006.
• The cord blood bank in Guangdong is operated by Shenzhen Nuoya Pharmaceutical Equipment Co. Ltd.,
• Location: Yingrenshi New Village, Shiyan St., Baoan Dist., Shenzhen, Guangdong, China
• Guangdong Cord Blood Bank has a storage capacity of up to 1.5 million cord blood HPC products and is accredited by AABB.

Business Experience

Listed on the New York Stock Exchange since 2009 (NYSE: CO), Global Cord Blood Corporation was the first cord blood bank licensed in China. Under current PRC government regulations, only one licensed cord blood banking operator is permitted to operate in each of 21 regions. Global Cord Blood Corporation holds 3 exclusive licenses to service the regions of Beijing, Guangdong, and Zhejiang, plus they have a 24% equity stake in Shandong region. The newborn population in their three licensed regions was 1.8 million in 2020. As of 2022 annual report their total subscriber base is 970,375.

Prices

Subscription fees consist of two components -- processing fee (RMB 9,800) & annual storage fee (RMB 860/year).