United Imaging Healthcare (UIH, SHA: 688271), a leading medical equipment company based in Shanghai, has announced plans to establish a wholly owned subsidiary, tentatively named Shanghai United Imaging Medical Equipment Leasing Co., Ltd. The new entity is to be capitalized at RMB 450 million (USD 62 million) and will focus on the financial leasing business.
The company’s entry into the financial leasing sector will see it adopting a direct leasing model, which involves collaboration with equipment manufacturers, financing leasing companies, and end customers, thereby expanding its business operations and services.- Flcube.com
