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United Imaging Healthcare Invests RMB 120 Million in Particle Accelerator Specialist Long Beam Technology
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United Imaging Healthcare (UIH, SHA: 688271), a leading medical device company in China, has announced that its board of directors has approved a capital investment of RMB 120 million (USD 16.6 million) into Long Beam Technology, a domestic firm specializing in advanced medical technologies. Upon completion of the transaction, UIH…
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United Imaging Healthcare to Launch Financial Leasing Arm with RMB 450 Million Investment
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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…
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United Imaging’s uMR Jupiter 5T Becomes First Ultra-High Frequency MRI System to Gain FDA Approval
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Shanghai-based medical equipment manufacturer United Imaging Healthcare (UIH, SHA: 688271) has announced that it has received marketing approval from the US Food and Drug Administration (FDA) for its uMR Jupiter 5T magnetic resonance imaging (MRI) system. This product is recognized as the world’s first ultra-high frequency (UHF) system approved for…
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United Imaging Healthcare Reports 23.52% YOY Revenue Growth in 2023, Driven by Strong Product Launches and Partnerships
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Shanghai-based United Imaging Healthcare (UIH, SHA: 688271) has reported impressive financial results for the year 2023, with revenues reaching RMB 11.411 billion (USD 1.57 billion), marking a 23.52% year-on-year (YOY) increase. Net profits for the period were recorded at RMB 1.974 billion (USD 270 million), up 19.21% YOY. The company’s…
