On April 8, Changchun New Area and Kangda Medical signed an investment cooperation agreement and discussed the location of the medical apparatus and instruments project in detail.

Sincere Medical Device Co., Ltd. has authorized Kangda Medical to produce the signed project. The project has a total investment of RMB 1 billion and will be located in the Beihu Development Zone, Changchun New Area. The project will be conducted in three phases, covering high-end medical device R&D and production line construction, and is expected to achieve an annual output value of RMB 1.6 billion upon completion. The signing represents another significant accomplishment of Changchun New Area's efforts to construct the Beihu Future Science City and foster new quality productive forces tailored to local conditions. It highlights the alignment between Sincere Medical Device Co., Ltd. and Changchun New Area in their development plans. Furthermore, it demonstrates the high expectations and recognition of domestic enterprises and social capital for the development prospects of Changchun New Area.

Changchun New Area is prioritizing the development of Beihu Future Science City, emphasizing innovation and industry integration, guiding industrial aggregation, fostering new quality productive forces tailored to local conditions, and bolstering the industry's transition to innovation. Changchun New Area has apparent advantages in the biomedicine industry, with abundant medical resources and sound industrial ecology. Following advanced regional practices and experience, it is dedicated to creating a high-quality business environment while providing comprehensive support services and policies for enterprises.

The next step is to establish a project team in Changchun New Area, which will work hard to expedite project implementation and production, and help enterprises connect with various resources and expand the market for their sustainable development and growth. These efforts will add new momentum to the high-quality development of Beihu Future Science City.