Company Overview

Creating Wealth through Cooperation

The name "Cowealth" encapsulates our corporate philosophy of "creating wealth through cooperation". At Cowealth, we prioritize innovation and service, empowering hospitals to excel in providing top-tier medical care. With a win-win approach, we tailor our services to meet the unique needs of each client. We are dedicated to integrating and optimizing the supply chain, fostering cross-Straits medical exchange platform between mainland China and Taiwan, and facilitating multifaceted hospital management strategies for continuous growth. By advancing technological expertise and management practices, hospitals can enhance efficiency and elevate service standards, thereby delivering tangible benefits to patients and the wider community.

Creating Wealth through Cooperation

Introducing New Technologies

Cowealth, as a prominent player in the high-end healthcare distribution sector, has successfully integrated state-of-the-art technology into diverse specialized fields within the healthcare domain. With a team of top-notch technical experts, the company has successfully implemented the latest technologies spanning a wide array of medical disciplines, including stereoscopic radiosurgery equipment, diagnostic and therapeutic tools for dry eye syndrome, research projects in clinical bacteriophage, and tools for magnetic resonance imaging (MRI)-guided radiation therapy. These groundbreaking developments have positioned hospitals at the forefront of the continuously evolving medical technology landscape.

Introducing New Technologies

Diversified Growth

Owing to our diversified expansion, Cowealth consistently broadens the scope of collaboration with hospitals. In addition to collaborating with industry peers to leverage our collective strengths, we vertically integrate with the original supplier network of cutting-edge technology and embrace various kinds of collaboration across multiple projects to expand our market reach. By doing so, we effectively utilize our after-sales services and distribution channels, ensuring the swift adoption of cutting-edge technology in the local market.

Diversified Growth

Client Endorsement

Hospital clients of Cowealth receive dependable, long-term, and high-value services that enable them to gain a competitive edge while lowering costs and boosting efficiency. Owing to the range and complexity of our services, we can generate solutions for many aspects of efficient administration and operations in hospitals. Our contracts with hospitals typically extend beyond five years, with the longest one already exceeding two decades. Around 80% of our clients chose to renew their contracts with Cowealth. Our service coverage has expanded to include most provinces nationwide and continues to grow rapidly due to our excellent reputation in the industry and powerful brand recognition. We attribute our successful journey to the unwavering support and trust of our esteemed clients.

Client Endorsement

Cowealth Group

Cowealth Group is the only medical company currently listed in Taiwan and mainland China. The subsidiary, Cowealth Medical Holdings Co., Ltd., is listed on the Taipei Exchange (stock symbol: Cowealth KY; stock code: 4745), while Cowealth Medical China Co., Ltd. is listed on the main board of the Shanghai Stock Exchange (stock symbol: Cowealth China; stock code: 603122).

Shanghai became the operations headquarters of Cowealth in 2000. The company's founding mission is to elevate healthcare standards in Greater China, with the vision of equipping all hospitals with top-notch medical equipment and enabling the vast majority of people to have access to cutting-edge medical technologies. Since its inception, Cowealth has been committed to building a system of high-quality healthcare services and promoting the growth of the larger healthcare sector. We aim to make hospitals more competitive by introducing new technologies and service models. Cowealth is committed to being a versatile service supplier offering comprehensive services and making a distinctive impact.

Cowealth specializes in the healthcare distribution sector. By tailoring our services to the unique requirements of hospital clients, we successfully pool resources from upstream suppliers to provide procurement services for in vitro diagnostic reagents and consumables to more than a hundred hospitals. We have forged strong, long-term partnerships with over 1,000 domestic and international original manufacturers and top distributors of reagents and consumables, offering clients access to over 20,000 in vitro diagnostic reagents and consumable goods.

Cowealth stays ahead of the curve by consistently introducing state-of-the-art medical technologies. For specialties like radiation oncology and ophthalmology, we've brought in a number of highly regarded medical devices from all around the world. A prime example is the Viewray MRIdian-Linac, the first MRI-guided linear accelerator in the world. Additionally, we offer in-depth departmental training and long-term maintenance services. By adopting such cutting-edge technology, we enable our clients to align more closely with international medical standards and enhance the quality of diagnosis and treatment for complex medical conditions. As a result, we can develop long-term relationships with hospitals.

The Cowealth platform connects world-class medical facilities on both sides of the Taiwan Strait. We empower hospitals with a variety of programs by fostering interactions between governments and healthcare organizations in Taiwan and mainland China, establishing partnerships to create specialized medical fields, utilizing Taiwan's expertise to raise the caliber of hospital services, promoting cost-effective testing and consumables practices, advancing research, and commercializing research findings. The wide range of services offered by Cowealth not only boosts the financial advantages of hospitals but also advances medical technology and service effectiveness, thereby strengthening the hospitals' competitive edge. Cowealth has orchestrated networking events in more than 110 cities across mainland China, facilitating idea exchange among over 45,000 participants. Furthermore, our multifaceted development initiatives has had a substantial influence on more than 800 hospitals, garnering notable acclaim and recognition from the wider public.

"Creating wealth through cooperation" is the tenet that steers Cowealth. We make every effort to show our clients what lasting, mutually beneficial relationships truly entail. Cowealth has achieved great success over the years thanks to the unwavering trust and encouragement of our clients. Building upon this solid foundation, we aspire to become the leading healthcare distributor in the Chinese-speaking market. Our commitment remains strong as we strive to ascend as a prominent rising star in the dynamic realm of medical technology.

Market Share

Operating 7 offices spanning 18 provinces nationwide.

  • Beijing
  • Jinan
  • Shanghai
  • Taipei
  • Guangzhou
  • Tianjin
  • Xinjiang

Development Milestones


Cowealth builds a presence in Shanghai. Introduce package service in the diagnostic clinical laboratory field.


Builds outstanding cross-strait medical resource platform.


Introduce cutting-edge radiation oncology therapy to Greater China.


Innovative business model. Launches centralized purchasing in the IVD field.


Cowealth Medical Holding Co., Ltd. goes public at Taipei Exchange.

Introduces the world’s leading devices for de detecting and treating meibomian gland dysfunction.

Innovative clinical medical research. Introduce MRIdian-Linac System and installed in Taiwan.


Cowealth Medical China Co., Ltd. goes public at Shanghai Stock Exchange.


Dual innovation in technology and service model. Building Integrated Decision-Making and Analysis Platform. Empowering the high-quality hospital development.

Management Team

Joyce Wang

Bachelor of Business, National Taiwan University

Major Experiences:
Chairman, Cowealth Medical Holding Co., Ltd.
General Manager, Cowealth Medical China Co., Ltd.
Associate Manager, Unisys Corporation Taiwan Branch
Vice President, The Association of Taiwan Investment Enterprises on the Mainland
Vice President and Chairman of Comprehensive Health Industry Committee, Shanghai Taiwan Investment Enterprises Association
Vice President and Chairman of Comprehensive Health Industry Committee, Tianjin Taiwan Investment Enterprises Association
Vice Chairman of Medical Service Professional Committee, Shanghai Service Federation
Secretary General, CHMA Taiwan
Secretary General, Chinese Senior Care Association

Duane Lee

Bachelor of Industrial Chemistry, National Tsing Hua University

Major Experiences:
Founder and CEO, Cowealth Medical Holding Co., Ltd.
Chairman, Cowealth Medical China Co., Ltd.
General Manager of Greater China of Medical Department, Philips
General Manager of Greater China, Beckman Instruments Co., Ltd.

Kenneth Tseng

Master of Commerce, National Taiwan University
Bachelor of Computer Management Science, National Chiao Tung University

Major Experiences:
Director and Deputy General Manager, General Manager of Commerce Department, Cowealth Medical China Co., Ltd.
Account Manager, CTBC Bank

Crystal Chen

Bachelor of International Economic Law, East China University of Political Science and Law

Major Experiences:
Secretary of the Board, Deputy General Manager, General Manager of Operation Department, Cowealth Medical China Co., Ltd.
Assistant to President's Office, Eastern Holding Group Co., Ltd
Lawyer, Shanghai Trust Justice Law Office

Dick Yang

Bachelor of Medical Technology, Kaohsiung Medical University

Major Experiences:
Deputy General Manager and General Manager of Business Department, Cowealth Medical China Co., Ltd.
General Manager of Diagnostics China, Beckman Coulter Co., Ltd.

Michael Du

Bachelor of Chemical Engineering, Chung Yuan University

Major Experiences:
Deputy General Manager and General Manager of Radiation Oncology Department, Cowealth Medical China Co., Ltd.
Deputy General Manager of Business Department, Pan Xin Trading Co., Ltd.
Director of Marketing (Taiwan), CHEP
Manager of China, General Biologicals Corporation
Regional Manager of Biochemical Research Department, Beckman Instruments Co., Ltd. Taiwan Branch
Researcher of R&D Department, Taisen Enterprise Co., Ltd.

Fenghua Wang

Bachelor of Science in Nuclear Electronics, University of Science and Technology of China

Major Experiences:
Deputy General Manager and Technical Director, Cowealth Medical China Co., Ltd.
Engineer of R&D Department, Guangdong Weida Medical Device Company
Engineer, 263 Factory Research Office

Joy Zhang

Master of Applied Finance, Victoria University, New Zealand
Bachelor of Management Engineering, Shanghai Jiaotong University

Major Experiences:
Deputy General Manager and General Manager of Finance Department, Cowealth Medical China Co., Ltd.
Manager of Finance Department, Shanghai Qishi Chemical Trading Co., Ltd
Project Manager of Audit Department, BDO China Shu Lun Pan Certified Public Accountants LLP

Yoyo Zhu

Bachelor's degree of International Finance, Wuhan Zhongnan University of Finance and Economics

Major Experiences:
Audit Director, Cowealth Medical China Co., Ltd.
Accountant, Shanghai Fengshen Air Conditioning Equipment Engineering Co., Ltd