Xinhua Medical will jointly operate medical equipment with GE
Release date: 2008-12-26
Recently, the sixth meeting of the 6th Board of Directors of Xinhua Medical passed the proposal of “The Company and General Electric (China) Co., Ltd. Signed a Contract for Sino-foreign Joint Venturesâ€.
The joint venture company is called Xinhua General Electric Medical System Co., Ltd., with a total investment of 25 million US dollars. The business scope of the joint venture company includes research, development and production of medical diagnostic X-ray equipment, auxiliary equipment and parts; software development and production; Products; provide commissioning, maintenance, repair, technical consulting and training services related to the above products. In the capital contribution, Xinhua Medical holds 51% of the shares and GE holds 49%.
Xinhua Medical stated that the establishment of the joint venture company aims to establish and operate a technologically advanced company engaged in the research, development, production, sales and service of medical diagnostic X-ray equipment, ancillary equipment and components to provide high quality for the Chinese and international markets. Competitive joint venture products that enable both parties to achieve good economic returns. The newly established joint venture company plans to adopt international advanced technology and vigorously develop popular medical products, and will become the research and development and production base of Xinhua and GE popular X-ray imaging equipment.
Xinhua Medical Devices Co., Ltd. is a leading enterprise in China's medical device industry, and its comprehensive strength ranks among the best in the national medical device industry. The company's products mainly include disinfection and sterilization equipment, radiological diagnosis and treatment equipment, surgical equipment, pharmaceutical equipment, medical environmental protection equipment, disposable injection equipment and sterilization indication products.
Shanghai Medical Device Industry Association
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