Huajian Medical (01931) announced that on November 2, 2023, Weishida Medical Equipment (Shanghai) Co., Ltd., a wholly-owned subsidiary of the company, and Heeson Meikang Medical Electronics (Shanghai) Co., Ltd. signed a number of agreements for strategic cooperation in the coagulation product business between the two sides.
Considering the history of cooperation over the past 26 years, in order to better cope with future market changes, Wisda and Heesenmeikang Shanghai agreed that the two sides should deepen cooperation and sign a strategic cooperation agreement for this purpose. The main contents include (subject to a number of regular preconditions) the revision of Wisda's existing distribution rights and cooperation in Weishida's equity structure.