Sinopharm subsidiary and Hitex New Light sign JV for medical endoscopes

Sinopharm's subsidiary China Medical Equipment and Qingdao Hitex New Light signed a memorandum on December 6, 2021, to form a joint venture with a registered capital of CNY 160 million, with Sinopharm holding 51% and Hitex 49%, to develop and sell medical endoscopes.

“国药器械及海泰新光拟以现金出资方式按51:49的比例设立合资公司，合资公司注册资本总额为人民币1.6亿元。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com国药控股(01099)附属与海泰新光(688677.SH)签合资合作备忘录 打造国产医用内窥镜整机和微创外科领域领先企业Dec 8, 2021

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