Hailide establishes a medical device company with a business specializing in biocompatible materials.

According to the Qi Cha Cha app, recently, Zhejiang Hailide Medical Equipment Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes manufacturing of bio-based materials, sales of bio-based materials, research and development of bio-based materials technology, and research and development of bio-based materials polymerization technology. The equity penetration displayed on Qi Cha Cha shows that the company is fully owned by Hailide.