6-K
Zhongchao Inc. (ZCMD)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2020
ZHONGCHAO INC.
(Translation of Registrant's name into English)
Nanxi Creative Center, Suite 218
841 Yan’an Middle Road
Jing’An District, Shanghai, China200040
Tel: 021-32205987
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
CONTENTS
On August 11, 2020, Zhongchao Inc. (the “Company”) issued a press release announcing that it has partnered with the China Association of Health Promotion and Education (the “CAHPE”) on developing live interactive programs/courses (the “Project”) to promote and implement the Global Initiative for Chronic Obstructive Lung Disease (the “GOLD”) in China. Some of the programs/courses are currently available on the Company’s “MDMOOC” platform at www.mdmooc.org.
Launched in 1997 in collaboration with the National Heart, Lung, and Blood Institute of U.S. National Institutes of Health and the World Health Organization, GOLD is a global initiative to raise awareness of chronic obstructive pulmonary disease (“COPD”) and to improve prevention and treatment of this lung disease for patients around the world. GOLD’s primary objectives include: i) Recommend effective COPD management and prevention strategies for use in all countries; ii) Increase awareness of the medical community, public health officials and the general public that COPD is a public health problem; iii) Decrease morbidity and mortality from COPD through implementation and evaluation of effective programs for diagnosis and management; iv) Promote study into reasons for increasing prevalence of COPD including relationship with environment; and v) Implement effective programs to prevent COPD.
The Project decomposes the guidelines covered in the latest GOLD Report (2020 Edition) and converts them into scene-based, live interactive programs/courses. These programs/courses are available in diverse forms, including articles, case studies, video demos, interactive graphics, prescription simulations, expert interviews and academic salons, and offer a convenient and effective way for medical workers to better apply the latest GOLD guidelines to their clinical practices.
A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
This report does not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Financial Statements and Exhibits.
| Exhibit | Description |
|---|---|
| 99.1 | Press release dated August 11, 2020. |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Zhongchao Inc. | |
|---|---|
| By: | /s/ Weiguang Yang |
| Name: | Weiguang Yang<br><br> <br>Chief Executive Officer |
| Title: |
Date: August 11, 2020
2
Exhibit 99.1

ZhongchaoInc. Develops Live Interactive Courses Promoting the Global Initiative for Chronic Obstructive Lung Disease
Shanghai, China, Aug. 11, 2020 /PRNewswire/-- Zhongchao Inc. (NASDAQ: ZCMD) (“Zhongchao” or the “Company”), a healthcare services company offering patient management, online healthcare information, professional training and educational services, today announced that it has partnered with the China Association of Health Promotion and Education (the “CAHPE”) on developing live interactive programs/courses (the “Project”) to promote and implement the Global Initiative for Chronic Obstructive Lung Disease (the “GOLD”) in China. Some of the programs/courses are currently available on the Company’s “MDMOOC” platform at www.mdmooc.org.
Launched in 1997 in collaboration with the National Heart, Lung, and Blood Institute of U.S. National Institutes of Health and the World Health Organization, GOLD is a global initiative to raise awareness of chronic obstructive pulmonary disease (“COPD”) and to improve prevention and treatment of this lung disease for patients around the world. GOLD’s primary objectives include: i) Recommend effective COPD management and prevention strategies for use in all countries; ii) Increase awareness of the medical community, public health officials and the general public that COPD is a public health problem; iii) Decrease morbidity and mortality from COPD through implementation and evaluation of effective programs for diagnosis and management; iv) Promote study into reasons for increasing prevalence of COPD including relationship with environment; and v) Implement effective programs to prevent COPD.
The Project decomposes the guidelines covered in the latest GOLD Report (2020 Edition) and converts them into scene-based, live interactive programs/courses. These programs/courses are available in diverse forms, including articles, case studies, video demos, interactive graphics, prescription simulations, expert interviews and academic salons, and offer a convenient and effective way for medical workers to better apply the latest GOLD guidelines to their clinical practices.
Weiguang Yang, Chairman and Chief Executive Officer of Zhongchao, commented, “For more than two decades, the GOLD has been offering practical guidelines for health care professionals and public health officials around the world in coping with COPD. The Project is a result of the close collaboration between Zhongchao and CAHPE along with the deep involvement of many subject experts. We believe the Project offers medical workers in China an effective way to keep abreast of the latest developments in COPD, help improve their clinical practice capabilities and eventually benefit COPD patients.”
About Zhongchao Inc.
Incorporated in 2012 with headquarter offices in Shanghai and Beijing, China, Zhongchao Inc. is an online provider of healthcare information, professional training and educational services to healthcare professionals under its “MDMOOC” platform (www.mdmooc.org) and to the public under its “Sunshine Health Forums” platform (www.ygjkclass.com) in China. The Company also offers patient management services under its “Zhongxun” platform (www.zhongxun.online). More information about the Company can be found at its investor relations website at http://izcmd.com.
Safe Harbor Statement
This press release contains forward-lookingstatements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerningplans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are otherthan statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,”“believe,” “expect,” “anticipate,” “project,” “estimate” or similarexpressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statementsare not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materiallyfrom the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties andrisks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development;product and service demand and acceptance; changes in technology; economic conditions; the growth of the professional trainingand educational services market in China and the other international markets the Company plans to serve; reputation and brand;the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Chinaand the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and otherrisks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, includingits impacts across our business and operations. For these reasons, among others, investors are cautioned not to place unduereliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filingswith the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-lookingstatements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
At the Company:
Pei Xu, CFO
Email: xupei@mdmooc.org
Phone: +86 21-3220-5987
Investor Relations:
Tony Tian, CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1 732-910-9692