Hunan Yiweidi Medical Equipment Co., Ltd. announced that it expects to receive CNY 50 million in funding from APT Medical Inc., Shanghai Huishen Venture Capital Center (Limited Partnership), Shanghai Huizhen Venture Capital Center (Limited Partnership)
Hunan Yiweidi Medical Equipment Co., Ltd. announced that it will receive CNY 50,000,000 in an equity round of funding on July 7, 2025. The transaction will included participation from returning investor, APT Medical Inc. which will invest CNY 36,303,270 for 53.3859% stake, new investors, Shanghai Huishen Venture Capital Center (Limited Partnership) which will invest CNY 6,848,365 for 6.3324% stake, and Shanghai Huizhen Venture Capital Center (Limited Partnership), which will invest CNY 6,848,365 for 6.3324% stake in the company. The transaction has been approved by its 2nd special meeting of independent directors for 2025 and the 23rd meeting of the 2nd board of directors of the company.
APT Medical Inc is a China-based company mainly engaged in the research and development, manufacture and sales of electrophysiological and vascular interventional medical devices. The Company's electrophysiological products include electrophysiological electrode catheters, controllable radiofrequency ablation electrode catheters and multichannel electrophysiological systems. Its coronary artery access products mainly include guide wires, micro catheters, balloons, contrast guide wires and catheters. The Company's peripheral vascular intervention products are mainly applied in peripheral vascular diseases. The Company is also engaged in related original equipment manufacturer (OEM) business. The Company distributes its products within domestic market and to overseas markets.
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Hunan Yiweidi Medical Equipment Co., Ltd. announced that it expects to receive CNY 50 million in funding from APT Medical Inc., Shanghai Huishen Venture Capital Center (Limited Partnership), Shanghai Huizhen Venture Capital Center (Limited Partnership)