MyFiziq teams up with Tinjoy as it eyes off China

By Trevor Hoey. Published at Feb 18, 2021, in Technology

In a development that has driven MyFiziq Limited’s (ASX:MYQ) share price above the $2.00 mark, the company has concluded a Terms Sheet, granting Tinjoy access and distribution rights to the MyFiziq CompleteScan platform, which will be integrated into Tinjoy’s “WinScan Digital Health Platform” (WinScan).

MyFiziq’s shares have performed extremely strongly in February, having doubled since the start of the month, surpassing’s 2018 high of about $1.50 to hit today’s all-time high.

Consequently, it would appear that technical investors see significant upside from a charting point of view, and with material operational developments in the pipeline, this recent momentum looks set to continue.

The following chart from suggests there is upside beyond the $2.00 per share mark in the near term.

It is worth noting that MyFiziq’s pushed beyond the $2.00 mark has occurred earlier than projected, suggesting that the chart predictions may be on the conservative side.

Tinjoy has captive audience of 28 million in China

Harking back to today’s news, WinScan was launched by Tinjoy in 2020 to expand the company’s digital presence in China.

Tinjoy has a captive audience of over 28 million consumers within China, and the WinScan offering has been specifically designed in its workflow to accommodate the partner and community needs it addresses.

Tinjoy has a 500 person call centre in Nanning growing to 1,000 in the coming months, and the call centre will play a significant role in achieving the agreed initial user target of 1,000,000 monthly active users.

WinScan specialises in multiple segments of personal and population health, as well as medical and preventative care using a well-developed digital engagement platform, purpose-built for China and the ease of navigation to local communities.

WinScan supports care across, wellness, preventive health, and precision nutrition, supplying measurable data analytics across omni-channel engagements.

The platform’s evidence-based functionalities are used for early-detection and health assessments, with a primary focus on identifying individuals at risk of chronic disease.

Forging a long-term partnership

MyFiziq and Tinjoy will be combining their respective platforms for release across multiple market segments within China, and chief executive Vlado Bosanac highlighted the fact that both parties had a view to establishing a long-term partnership saying, ‘’Tinjoy has developed a tailored approach to better health outcomes and engagement in corporate, community and telehealth platforms.

"Not only does it provide a broad and conclusive offering, it also generates comprehensive data analytics to the partner or end-users.

"I am pleased Tinjoy views the agreement as a long-term partnership, with their openness to MyFiziq acquiring a substantive holding if the platform achieves monthly users of 5 million or more.

"The agreed consideration would be well under the monthly revenue MyFiziq would see based on the pricing we have structured in consultation with Tinjoy.”

Whilst undertaking the integration, management’s initial focus will be to train 500 of the call centre team members to deliver the offering to the already-harnessed communities within the pre-existing Tinjoy customer base.

Tinjoy will be producing appropriate media to demonstrate how to use the technology, which will initially include BodyScan, FaceScan, COVID symptoms check, and later DermaScan.

The companies are targeting a release of the combined solution in the initial offering, providing individuals with the ability to take a single scan in any one of the 3-preliminary scans by the September quarter of 2021.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!