Quantum Healthcare (Thailand) Has Celebrated the Decade of Excellence with Growth of Over a Billion Baht and Readiness for Moving Forward to Expand the Business in Medical Equipment for Beauty and Health

Economy News Tuesday February 25, 2025 10:23 —PRESS RELEASE LOCAL

Quantum Healthcare (Thailand) Has Celebrated the Decade of Excellence with Growth of Over a Billion Baht and Readiness for Moving Forward to Expand the Business in Medical Equipment for Beauty and Health

Quantum Healthcare (Thailand) Co., Ltd., a leading importer and distributor of medical equipment to leading hospitals and clinics in Medical Devices in Thailand, has celebrated its decade of success in the 'Celebrating the Decade of Excellence' Event after achieving outstanding performance amidst challenging conditions. With collaboration between Quantum and Classys, we were able to achieve success in generating sales growth of over a billion baht, moving to the top rank of the medical devices firming market in Thailand through the Ultraformer III, Ultraformer MPT, and Volnewmer products. Moreover, we are ready to launch joint marketing activities to increase sales in 2025 and boost our market share because consumers at present still have confidence and demand for self-care firming devices.

In addition, we would like to express gratitude to leading medical schools, hospitals, and clinics in beauty and skin for their continuous support for our success. Quantum also continuously moves forward to expanding into new business groups to meet customer needs in the Aesthetics business, covering all segments to support sustainable growth.

The 'Celebrating the Decade of Excellence' Event was truly spectacular, with many special activities and the honorable participation of Mr. Seok Sangyup - Chief Executive Officer (Chairman of the Board of Directors) of Quantum Healthcare (Thailand) Co., Ltd., Ms. Umaporn Methmaolee - Aesthetics Business Unit Director (Director of the Aesthetics Business Group) of Quantum Healthcare (Thailand) Co., Ltd., and Mr. Young Jin Park - Chief Sales Officer of Classys, which is a leading global manufacturer of medical and beauty devices based in Korea. Moreover, leading Thai actors and artists came to offer their congratulations and impress participants throughout the event, including 'Pancake' Khemanit Jamikorn, 'Aum' Atichart Chumnanont, 'Ken' Phupoom Phongpanu, and 'Jaokhun' Jakraphan Wattanasin. The atmosphere in the event was lively with the participation of leading clinics in Thailand such as LABX Clinic, Dermatige Aesthetics, Apex Medical Center, SLC Clinic & Hospital, Vsquare Clinic, Sureephorn Clinic, Aura Bangkok Clinic, The Loft Clinic etc. The highlight of the event was honoring the ultimate achievements at the national level of business partners who provided support throughout 2024. In addition, there was also a mini-concert by famous artists Christina Aguilar, Mai Charoenpura, and Peck Palitchoke at Chadra Ballroom, 2nd floor, Siam Kempinski Hotel Bangkok.

Mr. Seok Sangyup - Chief Executive Officer (Chairman of the Board of Directors) of Quantum Healthcare (Thailand) Co., Ltd. said, "On the occasion of the decade of success, Quantum Healthcare (Thailand) Co., Ltd., a subsidiary of Paragon Care Limited (ASX: PGC), achieved a total sales value of more than 3 billion Australian dollars in 2024. We have operated the business based on trust in selecting innovative medical technology equipment for Aesthetics & Healthcare in compliance with the standards of Korea and other countries that are approved by both Europe and the United States in developing new, modern, and efficient technologies. The most prominent and widely imported medical technology innovations for Aesthetics by the company include Ultraformer lll, Ultraformer MPT, and the latest model of Volnewmer, a skin Lifting and tightening machine that has been rapidly recognized. With support from business partners and the creation of differentiated marketing strategies amidst intense competition in Thailand, all of these are important factors that have driven the company to achieve rapid growth until reaching its 10th anniversary. In the near future, the company will change its name to Paragon Care Co., Ltd., following the head office which is a company listed on the Australian Stock Exchange with the focus on full-scale growth in the future. The company would like to thank everyone, including all business partners, for their continuous support of Quantum Health Care (Thailand) Co., Ltd."

Mr. Young Jin Park - Chief Sales Officer of Classys, said "Congratulations to Quantum on successfully operating in Thailand for over a decade. We sincerely appreciate our smooth and successful business collaboration. Classys and Quantum have maintained a strong and loyal partnership over the past ten years. We are grateful to Quantum for introducing high-quality equipment to the Thai market. Classys remains committed to advancing new technologies for the benefit of the Thai people in the future"

Ms. Umaporn Methmaolee - Aesthetics Business Unit Director (Director of the Aesthetics Business Group) of Quantum Healthcare (Thailand) Co., Ltd., as a strong female leader who plays an important role said, "Throughout the past, the company has given importance and aggressively pushed forward in marketing and developing treatment techniques together with a team of expert doctors, and has conducted intensive research studies in medical equipment together with medical schools in Thailand under 4 main strategies: good products, product quality, reasonable price, and confidence in doing business (long-term commitment). We have chosen to highlight the quality of the product as a core strength for marketing and communicating to customers, and partners, etc., as well as updating information on new beauty trends to support after-sales services with full efficiency and always meeting customer needs. This has led the company to achieve success in its 10th year, growing strongly and generating sales of over a billion baht, only from a business of medical equipment for Aesthetics. This overall growth reflects our dedication and true intention to allow Thailand to have quality medical equipment for Aesthetics that is modern and standardized at a reasonable price with effective results, meeting the needs of all ages, and creating a direct impression on consumers. We also sincerely hope to be a part of supporting better growth in the Aesthetics industry in Thailand in the future."

This reflects the commitment of Quantum Healthcare (Thailand) Co., Ltd. in developing a comprehensive business in all dimensions with readiness for stable and sustainable growth. For more information and news, visit the following link: www.qhtaesthetics.com Facebook: https://www.facebook.com/Quantum.Aesthetic

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