Family Bank: Global Cord Blood Corp - Zhejiang

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

The laboratory of Zhejiang cord blood bank is located at BLDG25, 1218 Wenyi West Road, Dist Yuhang, Hangzhou, Zhejiang 311121 CHINA.

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).