CHISON Medical Technologies Co Ltd

CHISON Medical Technologies Co Ltd is exhibited on the 7th China (Shanghai) International Technology Fair in 2019. [Photo/VCG]

CHISON Medical Technologies Co Ltd, located in Wuxi National Hi-tech District (WND), is one of the world's leading manufacturers of ultrasound systems. It owns over 300 independent intellectual property rights, including more than 20 intellectual property rights and 100 invention patents in Europe and the United States.

The cpmpany was listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, on Dec 3, 2019. 

The STAR market was inaugurated in June and designed to focus on companies in the high-tech and strategic emerging sectors, and CHISON was the first company in Wuxi to listed on the sci-tech innovation board.

CHISON raised 1.01 billion yuan ($143.4 million) in the initial public offerings (IPO). The company plans to issue 20 million shares with an issue price of 50.53 yuan. CHISON said it will use the proceeds in its industrial development of ultrasound medical imaging equipment and the construction of a new research and development (R&D) center.