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Jiangsu Wanhai Medical Devices Co. completed a yuan-denominated financing round led by IDG Capital. The funds will be used to expand annual production capacity by 310 million injection pens, bringing total capacity to 400 million units.
“本次融资将助力万海医疗在现有年产能9000万支的基础上,进一步扩建3.1亿支年产能,形成总产能4亿支的自动化、智能化注射笔生产基地。”vbdata.cn
Summarized from public sources; check the original articles before acting on it.