# Siemens Healthineers invests over 1 billion RMB in Shenzhen R&D and manufacturing base

Siemens (Shenzhen) Magnetic Resonance Co., Ltd. signed an agreement with Nanshan District government to invest over 1 billion RMB in a new high-end medical equipment R&D and manufacturing base in Shenzhen, China.

- Type: Investment
- Announced: 2023-05-22
- Where: Nanshan District, Shenzhen, China
- Value: $141.0M (1.00B CNY)
- Status: announced
- Products: magnetic resonance systems, angiography systems, medical electronic components
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Siemens Healthineers](https://endata.com/companies/19309.md)
- [Siemens (Shenzhen) Magnetic Resonance Co., Ltd.](https://endata.com/companies/70407.md) (partner)

## Sources

- [beareyes.com.cn](https://beareyes.com.cn/2/lib/202305/22/20230522725.htm), 2023-05-22: "西门子医疗将追加投资总计超过 10亿人民币，在深圳市南山区建设全新高端医疗设备研发制造基地"

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