# Aier Eye

China’s Aier Empire Exposed: Psychiatric Hospital Fraud Lifts the Veil on a Hidden Medical Network

Allegations of systematic medical‑insurance fraud at several psychiatric hospitals in Hubei have revealed links to Aier Medical Investment, the non‑listed vehicle controlled by Chen Bang, founder of listed Aier Eye. The case spotlights how opaque ownership layers can shield high‑risk healthcare businesses and raises the prospect of intensified regulatory and market scrutiny across China’s private medical sector.