Magcloud Group

Magcloud Group is a technology and industrial digitalization firm founded by Li Daxue, the former Chief Technology Officer and Senior Vice President of JD.com. The company specializes in Industrial Internet and AI-driven solutions, which it is currently leveraging to transform the life sciences and healthcare sectors. In early 2026, Magcloud Group emerged as a key strategic investor and partner for Ping An Biomedical (NASDAQ: PASW), supporting its large-scale pivot into biopharmaceuticals, genetic testing, and medical technology. Magcloud provides the technological infrastructure, AI-driven R&D systems, and industrial integration expertise necessary to scale biomedical innovations. The company's leadership, particularly Li Daxue, brings extensive experience in technology R&D and large-scale enterprise management to the biopharmaceutical industry. Through its strategic alliances, Magcloud Group aims to build a closed-loop ecosystem from biopharmaceutical research and development to end-user health management.