Jocelyn (Ting) Chen

- Assist corporate management to plan 5-year strategic development and investment plan. - Execute M&A projects, JV setup, strategic cooperation, from project start to close, responsible for deal sourcing, FDD, business case, deal terms, etc. - Assist CFO to execute corporate first round of financing. - Post-Merger Integration: formulate integration program, operational planning after deal closing and track key KPI realization. - Coordinate BU resources for new business innovation. Projects Highlights - Investment: Formed JV of Big Data tech business in Shandong with size of RMB 2.5 billion, drafted business plan and got final approval from BOD. - Investment: Closed an acquisition deal of an ECG diagnosis device and service company of RMB 200 mil, in-charged of DD, pricing, deal term negotiation and SPA signing. - Investment: Set up online hospitals in Qingdao and Hainan of RMB 20 mil, drafted business plan and got final approval from BOD. - Investment: executing a deal of an insurance broker firm of RMB 85mil, in-charged of target selection, DD, deal term negotiation (not yet closed). - Partnership: partnering with rehabilitation device companies, Medical Imaging equipment companies, IVD companies, digital marketing companies, DTx companies for innovative activities.

Propose, prioritize and implement annual investment strategy and direction, Cooperate with BU to identify investment or cooperation targets, Execute M&A projects, including sourcing, screening, due diligence, SPA and post merger integration, Formulate operational planning after deal closing and track key KPI realization, Coordinate internal BU resources for new business model innovation, Interact with external startups, insurance co., device, big data companies to explore new cooperation model; In charge of investment department Project Highlights - Investment and PMI: acquired a software and data tech company of RMB 160 mil and integrated to Ping An Group management framework, in-charge of deal execution from start to close, post deal 100 days integration execution and long term planning. - Investment: Acquire two insurance license companies, one GSP companies of RMB 100mil - Investment and partnership: Acquired one independent imaging company (IIC) and set up 5 cooperative IICs of RMB 100mil, in-charge of deal sourcing, business case modeling, deal negotiation and sign, operating planning, and performance review and tracking.

- Assist BD Director to make healthcare investment strategy - Search for proper investment targets, such as private hospitals, new types of medical institutions, - Independently assess the operation, financial potential of targets, perform financial modeling, return analysis, design deal structure, etc. - Perform all financial analysis, decide deal consideration/transaction price for all projects in the investment team. - Assist China investment board to prepare necessary documents to get approvals from regional investment board. - coordinate external experts to perform financial due diligence, legal & compliance due diligence, medical due diligence, and analyze and solve problems identified in DD process. - Coordinate legal counsels to draft SPA, chase fulfillment of closing condition and finally close deals. - Provide finance training to team members Project Highlights - Corporate strategy: Assisted BU director to perform opportunity assessment, investment planning and business cases, got regional head quarter’s approval. - Investment and PMI: acquired 2 private renal hospitals and integrated them into FMC’s hospital line of RMB 100 mil, in-charged of deal sourcing and execution, post deal 100 days integration execution. - Investment: established 6 renal clinics in Fujian and Hubei with total investment of RMB 120 mil, initiated “Hub and Spoke” strategic operation plan.

-Identify investment opportunities which meet corporate investment guideline and have synergy with local BU's business operation. - Identify cooperation opportunities which have synergy with local BU's business operation. - Prepare necessary documentation for internal approval, including but not limited to investment thesis, valuation, deal structure, etc. - Coordinate with external vendors, i.e. lawyers and financial advisers, to conduct legal or financial due diligence. - Monitor and track deal process till deal close. - Participate in integration plan. Project Highlights - Corporate strategy: Assisted regional BU head to perform opportunity assessment, established target database including all types of healthcare data companies, digital marketing companies and CRM solution companies, etc. - Partnership: licensed in a hospital prescription data product for 5 years. - Investment: acquired a pharmacy data and tech provider of $20mil and integrated its data solution to IMS great China solution portfolio.

• Analyzed financial forecasts and business plans, built and evaluated business models to support decision-making in divisional spin-offs, attracting strategic investors, etc. • Provided qualitative and quantitative analysis for cross-border investment evaluation in various industries, such us pharmaceuticals, auto, financial services, natural resource exploitation • Conducted management interviews and valuation analyses to identify key value drivers and core business assets for deal negotiations in collaboration with cross-functional teams • Performed investment property value analyses for financial reporting purposes or investment opportunity evaluation • Managed analysis and valuation projects’ risks under corporate and regulatory guidelines • Responded to queries and client feedback, prepared frequent progress updates and final reporting to facilitate communication and discussion • Initiated internal training workshops to share knowledge and work experience with team members and pursue best practice for the financial analysis profession

• Led teams in conducting fundamental research of public companies, reviewed financial forecasts, calculated multiples for stocks and transactions to provide benchmark insights • Performed impairment tests for assets or business units to assist management in evaluating post-acquisition financial performance and potential risks • Conducted intangible assets valuations to identify core competitiveness for purchase price allocation or M&A purposes • Participated in meetings with buy-side and sell-side corporate management, corporate internal analysts, valuators to discuss project issues and results for deal negotiations • Evaluated investment projects’ parameters to facilitate financing, such us obtaining private equity investment and issuing preferred shares • Assisted in valuation guidance translation and proofreading to introduce best practices to China’s valuation community • Participated in group learning and knowledge sharing sessions to exchange experience within project teams

• Developed audit plans and programs, led audit field work to ensure proper execution of audit procedures and timely delivery of audit results • Provided annual audit and special purposes audit services to test internal control design and implementation, and to review accuracy and compliance of financial reporting • Led accounting advisory team to provide closing-date audit, data migration testing and monitoring, account mapping examination services to smooth post-merger transition for international banks • Standardized work procedures and final deliverable patterns implemented by participating project teams in pilot special audit projects • Trained junior auditors on field and in company to foster continuous learning environment

• Completed audit programs to gain practical experience and financial reporting knowledge as well as develop communication skills with clients and within project teams • Summarized and discussed audit findings with clients to improve internal control or correct reporting errors • Assisted in preparation of audit reports and internal memos to communicate work progress and findings • Participated in internal sessions to share and summarize experience, upgrade audit skills and learn new accounting policies and principles