On Sep 30, 2013, NQ acquired 100% of Rui Feng Technology co., Ltd for approximately $15million ($2.5m cash+restricted shares). I believe Rui Feng is the third biggest child company of NQ after FL Mobile and NationSky.
Rui Feng is engaged in the development of iOS applications, offers iOS training centers and mobile health platform services. Some of their products are clound MDM, e-Learning, App Marketing System and Paperless Meetings. Recently I have been tracking this comapny on its business developments.
In last few months, this company has made good progress by signing deals with top universities in China and also became an authorized reseller of Apple hardware educational channels. Please go through the following link for company press releases.
http://www.rimionline.com/newsList.html?type=A&type1=1 (open in chrome browser.. it auto-translates the page to English)
And today, Rui Feng Technology officially launched mobile health platform planning. I remember Henry Lin(CEO of NQ Mobile) saying health care services is going to become next largest vertical of NQ Mobile. Also, he said NQ is working with West China Hospital, the world's largest single-point hospital, to develop a dedicated mobile health platform, which will be tailored initially for stroke recovery, providing [tracking] [ph] and guidance for patients and their doctors. This innovation has been designated for a national demonstration project by China's Ministry of Health.
And finally today they have released a beautiful app on this front. Here is the link to this press release:
http://www.rimionline.com/newsDetail.html?type=A&type1=1&id=128&page=1
Good to see the following postive statement at the end of the above article: "Currently, Rui Feng Technology has entered into a collaboration with several top three hospitals and insurance companies, will first provide services to these hospitals and the insurance company's customers. Rui Feng mobile health platform launch, will present a new mobile medical provider may landing mode."

