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Novanta (Haitai Xinguang) and Guojia Medical Equipment (Guoyao Qixie) will set up a joint venture with registered capital of CNY 160 million. Novanta will contribute CNY 78.4 million for 49% and Guojia will contribute CNY 81.6 million for 51%. The venture will focus on medical endoscopes and minimally invasive surgical products.
“合资公司将以医用内窥镜整机系统为切入点,瞄准中国医用内窥镜市场,建立自主品牌”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.