Yidu Tech Releases FY2022 ESG Report, Utilizing Socially Useful Know-how to Drive the Sustainable Improvement of “Inexperienced Healthcare”

Yidu Tech Releases FY2022 ESG Report, Utilizing Socially Useful Know-how to Drive the Sustainable Improvement of “Inexperienced Healthcare”

HONG KONG, Aug. 3, 2022 /PRNewswire/ — The digital financial system powered by modern applied sciences corresponding to synthetic intelligence (“AI”) and massive knowledge has turn out to be one of the vital highly effective drivers of financial progress for the reason that COVID-19 outbreak, in line with China’s core technique of “digitalization, intelligence, and innovation”. The worth of the general public well being administration mannequin empowered by digital applied sciences and AI has been additional validated in coping with the pandemic. Yidu Tech Inc. (“Yidu Tech” or the “Firm”; inventory code: 2158.HK) just lately launched its FY2022 ESG (Environmental, Social and Governance) Report (the “Report”). The Report outlines how Yidu Tech, as a frontrunner within the healthcare intelligence business, is actively responding to the 14th 5-Yr Plan for Digital Economic system Improvement and continues to enhance its ESG governance construction. Yidu Tech is empowering supply-side clever transformation with applied sciences corresponding to AI, huge knowledge, and cloud computing as a way to promote accessible precision “inexperienced healthcare”.

Rising applied sciences assist make healthcare accessible to everybody

Guided by its total ESG technique and governance system, Yidu Tech has integrated the “idea of sustainable improvement” into its day by day enterprise operations. In accordance with the Report, Yidu Tech leverages its technological benefits to create social worth in situations corresponding to epidemic response and inhabitants well being administration.

By way of facilitating public well being administration, Yidu Tech affords options to allow infectious illness threat prediction and regional inhabitants well being administration in a extra correct and environment friendly method. Particularly within the much less economically developed areas, the Firm’s options can help authorities to attain environment friendly useful resource allocation and scale back mortality. The Firm’s prediction and simulation fashions have been validated in 18 cities, together with Beijing, Nanjing, and Guangzhou. Based mostly on a deep understanding of epidemiology and transmission guidelines of infectious illnesses, the superior AI applied sciences and algorithms can deal with the entire 40 infectious illnesses outlined by the Chinese language Middle for Illness Management and Prevention (the “China CDC”). In cooperation with the China CDC, the Firm has additionally developed an “Abroad COVID-19 Knowledge Evaluation and Danger Evaluation Platform” to help in exact decision-making.

To enhance individuals’s well being and high quality of life, Yidu Tech affords AI-driven automated administration instruments for diabetes sufferers to attain personalised methods and remedy plans for various customers. A case research confirmed that the typical glycosylated Hemoglobin (HbA1c) of customers had decreased by roughly 1% after a twelve-week intervention. As well as, Yidu Tech permits the early prevention and remedy of persistent hepatitis B by healthcare intelligence. The Firm participated deeply in a challenge on the early prevention and remedy of persistent hepatitis B in Huazhou, China, cooperating with Nanfang Hospital of Southern Medical College and medical establishments in any respect ranges in Huazhou to collectively set up a four-level hierarchical prognosis and remedy mannequin. This challenge coated over 100,000 residents and has precisely recognized over 20,000 high-risk tumor sufferers within the early screening stage, in order to stop the additional transformation from hepatitis B to cirrhosis and liver most cancers. The implementation of the challenge helps additional discover fashions for the prevention and remedy of persistent hepatitis B at hospitals and communities in rural areas, promotes correct and proactive life-cycle well being administration of residents in rural areas.

To broaden medical protection and accessibility, Yidu Tech has supplied personalized Hui Min Bao providers, a city-level supplementary insurance coverage to the prevailing nationwide social medical insurance coverage, for 22 cities, together with Beijing and 13 prefecture-level cities in Jiangsu province, successfully enhancing the safety of aged individuals and sufferers with essential diseases, and decreasing the chance of illness-induced monetary difficulties. Leveraging its AI expertise and intensive illness insights, the Firm supplied technical providers to related authorities in a northern metropolis in China, the accuracy of pre-existing circumstances recognized by the algorithms exceeding 90%. Furthermore, Yidu Tech supplies operational providers for Hui Ta Bao, a particular inclusive medical insurance coverage product for essential diseases tailor-made for ladies. Hui Ta Bao correlates claims with screening outcomes for breast and cervical cancers, enhancing the screening participation fee and offering girls with safety towards cancers.

Within the discipline of empowering new drug analysis and improvement, Yidu Tech helps pharmaceutical corporations in scientific trials design with larger accuracy and reduces the price of new drug analysis and improvement by leveraging its independently developed healthcare AI platform. The Firm assisted one accomplice in optimizing the R&D design of a brand new drug treating a uncommon illness. Consequently, the Section II scientific trial was shortened by about 20 months. In the course of the fiscal 12 months ended 31 March 2022, the Firm additionally helped a number one MNC consumer with its Section III scientific trial of heart problems, efficiently doubling recruitment effectivity and decreasing screening failure charges by 60%.

Compliant operations to construct a stable basis for safety

Within the discipline of compliance, Yidu Tech has invested closely within the space of privateness and knowledge safety, and is certainly one of solely three healthcare expertise corporations in China to be licensed by the China Academy of Info and Communications Know-how (CAICT) for safe multi-party computing and federated studying capabilities. In the course of the fiscal 12 months ended 31 March 2022, the Firm collected 1,111 registered patents and 558 granted patents, with 251 newly registered patents and 130 newly granted patents. As well as, the Medical Knowledge Clever Platform Core Module and Particular Illness Clever Scientific Analysis Platform Core Module developed by Yidu Tech have handed China Info Know-how Safety Analysis Middle (CNITSEC) analysis and obtained the unbiased authentic product analysis certificates, making Yidu Tech the primary healthcare expertise firm to efficiently receive this certification.

Technological innovation and full dedication to inexperienced operations

Along with implementing sustainable enterprise operations, Yidu Tech has built-in the idea of inexperienced improvement into YiduCore’s day by day operation, actively selling power saving and emissions discount to cut back the unfavourable affect on the atmosphere. With the speedy improvement of cloud computing and massive knowledge, the power consumption necessities of information facilities are getting increased and better, and the development of inexperienced knowledge facilities has turn out to be an essential reflection of Yidu Tech’s dedication to company social duty. Leveraging large-scale pretrained language fashions permits some duties to attain an additional 5%–10% enchancment in mannequin effectiveness whereas decreasing the quantity of annotation by 80%–90%, considerably enhancing knowledge processing effectivity. The vast majority of Yidu Tech’s present knowledge middle servers use platinum energy provides with an power consumption fee of 0.94, permitting the Firm to avoid wasting power and scale back emissions.

Selling worker well-being and creating an equitable and various widespread future

Yidu Tech has continued to construct an equitable, various, and inclusive work atmosphere to make sure that feminine staff are given equal alternatives for profession improvement and affect in any respect ranges. Feminine staff account for greater than half of the full workforce, and the Board of Administrators has an equal variety of females and males, which is much larger feminine illustration than the worldwide common[1]. On the senior stage, the CEO and CFO are each girls. Yidu Tech has additionally applied the “Dandelion Venture”, to unfold the Group’s “naturality and kindness” tradition to cities throughout the nation, listening to the voices of staff. This challenge has successively been carried out in Chengdu, Chongqing, Tianjin, Wuhan, Nanjing, Shanghai and different cities, enhancing city staff’ sense of belonging.

Sooner or later, Yidu Tech will steadfastly proceed to hold out the mission of “making value-based precision healthcare accessible to everybody”, utilizing its technological benefits to supply extra correct and environment friendly medical providers, decreasing the waste of medical assets, and decreasing the price of new drug improvement to construct a greener future by the facility of expertise.

[1] In accordance with Ladies on Boards: 2021 Progress Report printed by the MSCI, the proportion of feminine administrators within the MSCI ACWI Index constituent corporations in 2021 was 22.6%.

About Yidu Tech Inc.

Based in 2014, Yidu Tech Inc. (“Yidu Tech”, inventory code: 2158.HK) has been specializing in the event and utility of healthcare intelligence since its inception. The Group focuses on fixing the ache factors of clever functions within the three main healthcare situations of public well being, analysis, and prognosis and remedy, empowering the business by healthcare intelligence infrastructure, and selling the development of a secure, accessible, and value-based healthcare system. In January 2021, Yidu Tech was efficiently listed on the Essential Board of the Hong Kong Inventory Alternate.

Yidu Tech primarily operates in three enterprise segments, specifically Massive Knowledge Platform and Options, Life Sciences Options, and Well being Administration Platform and Options, which facilitate medical and scientific analysis, well being administration, public well being administration and improvement of modern medicine, in addition to help the business in decreasing value and enhancing effectivity, with an purpose to make value-based precision healthcare accessible to everybody.

SOURCE Yidu Tech

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