# Wanhai Medical receives IDG Capital investment for capacity expansion

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.

- Type: Investment
- Announced: 2025-03-26
- Where: Changzhou, Jiangsu, China
- Value: $13.8M (100.0M CNY)
- Status: announced
- Capacity: 310 million injection pens per year (new); 400 million total
- Products: injection pens
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Jiangsu Wanhai Medical Devices](https://endata.com/companies/83718.md)
- [IDG Capital](https://endata.com/companies/83719.md) (investor)

## Sources

- [vbdata.cn](https://www.vbdata.cn/1519014100), 2025-03-26: "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。"

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