Well Lead Medical to Set Up Subsidiary and Manufacturing Base in Indonesia

Guangzhou-based medical catheter specialist Well Lead Medical Co., Ltd (SHA: 603309) plans to establish a second-tier subsidiary with its chairman in Indonesia and set up a manufacturing base in the country. This strategic move is part of the company’s overall expansion plans.

Project Details
The project, valued at RMB 20 million (USD 2.8 million), aims to enhance Well Lead’s overseas production base layout. It is designed to establish robust overseas product and service supply capabilities in line with the company’s strategic planning. This investment underscores Well Lead’s commitment to expanding its global footprint and improving its international market presence.-Fineline Info & Tech