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Family Bank: Global Cord Blood Corp - Beijing

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 cord blood bank in Beijing is operated by Beijing Jiachenhong Biological Technologies Co. Ltd., received its cord blood banking license in September 2002.
Location: Yongchang North Road, Daxing, Beijing, 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.

Licensing & Accreditation

The Beijing cord blood laboratory achieved AABB accreditation in early 2013.

Prices

Subscription fees consist of two components -- processing fee (RMB 9,800) & annual storage fee (RMB 860/year). A mandatory medical insurance program provided by a third party insurer is bundled with CCBC’s service package for an additional cost.

Phone:
Address: Yongchang North Road, Daxing, Beijing, CHINA