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Landwind Group reached strategic cooperation with CEE
July 09, 2017
 

On June 14 of 2017, Shenzhen Landwind Industry Co., Ltd and Huizhou China Eagle Electronics Technology Co., Ltd (hereinafter referred to as CEE, stock code as 002579) signed a five-year strategic cooperation framework agreement. Both parties will cooperate in the field of medical and healthcare industries to carry out continuous investment or cooperative operations with a total investment amount of not less than 1 billion yuan. The first collaboration between both parties is that CEE will spend 80 million yuan on acquisition of Lanmage’s 20% stake and turn into the second largest shareholder of Lanmage. Lanmage, as a leading provider of medical imaging solutions that cover both radiography and ultrasound diagnostics, is a wholly-owned subsidiary of Landwind Group. 

        

Currently CEE has been planning and participating in the medical and healthcare industry actively. Landwind owns the leading technology and product innovation advantages, which exactly attracts CEE’s willing to cooperate with Landwind.

 

Chen Jing, general manager of Shenzhen Lanmage Co., Ltd, said that the entry of this fund would inject new vitality into Lanmage. And Lanmage will take good advantage of this round of financing for development in brand building, marketing development, R&D of medical imaging and expansion of manufacturing scale in order to provide more professional and comprehensive medical imaging solutions for clinical purposes. “Lanmage as an excellent enterprise in the domestic industry of medical imaging, with strong R&D background and fabulous range of products, has the capability of acquiring rapid and sustainable growth." CEE senior administration said.

 

In the future, both parties will join hands together for closer cooperation to develop the medical and healthcare industry into a larger and stronger stage, facilitating and contributing to the development of the whole national medical and healthcare industry.