# KDL Medical to invest CNY 100M in two medical device funds

KDL Medical (01501.HK) signed subscription letters to invest a total of CNY 100 million in two funds: the Yingtai Fund and the Ruixin Fund, both focused on investing in early-stage or startup companies in the medical device and related sectors in China.

- Type: Investment
- Announced: 2020-03-19
- Where: China
- Value: $14.0M (100.0M CNY)
- Status: announced
- Products: medical device investments
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [KDL Medical](https://endata.com/companies/46016.md) (investor)
- [HuaiGe Health](https://endata.com/companies/46017.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/283874.html), 2020-03-19: "基金投资为公司创造了一个契机，有助公司促进其在医疗器械及其他相关行业的战略发展、提升其竞争力及巩固其市场地位。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.