On September 19, 2022, Jiangsu Yuwell Medical Equipment Co., LTD. (002223.SZ, Hereinafter referred to as "Yuwell") officially announced its wholly owned subsidiary of jiangsu - Xunjie medical technology co., LTD. (hereinafter referred to as "- Xunjie") introduced strategic investors in the form of capital increase and share expansion, which includes "Tencent". who invests about RMB 291 million in cash to subscribe for the newly increased registered capital of about RMB 36.33 million.
Primedic GmbH, a wholly-owned subsidiary of Yuwell Medical, has more than 40 years of experience in the field of medical emergency. Its AEDs (Automated External defibrillators) and cardiac defibrillation monitoring products are well known in the global medical emergency industry. This transaction will provide financial support for the production, research and development and operation of the company. At the same time, it will fully combine the resource advantages of the company and its strategic investors, improve the efficiency of asset operation, and further promote the expansion of Yuwell medical emergency business.
