Broncus Holding Corporation announced that it has entered into a strategic cooperation framework agreement with New Frontier Health Corporation, the operator of China's leading premium private healthcare service provider United Family Healthcare, in exploring a new diagnosis and treatment service model with interventional pulmonology and penetrating into the middle-to-high end private healthcare markets. In the future, they will jointly establish a lung specialist medical center to promote Broncus' core products and medical devices and expertise in the treatment of lung diseases. New Frontier Health Corporation is the operator of United Family Healthcare, which is one of the and most recognized integrated premium private healthcare service providers in China.

The hospital of United Family Healthcare covers all first-tier cities and also have complementary strategic coverage in many second-tier cities. It is the first-selected brand for the growing high-end medical demand group. According to the agreement, Broncus will cooperate with United Family Healthcare to jointly establish a lung nodule diagnosis and treatment center, leveraging United Family Healthcare as a platform to introduce the Broncus' medical devices, innovative surgical techniques, disease management and expert resources, gradually expand to the cooperation in the frontier diagnosis and treatment technology of lung diseases.