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Mindray Medical International Limited

The Chinese company Mindray plans tolocalise production of medical equipment in Bashkiria. This was announced today by Press Secretary of the Corporation for the Republic’s Development Albina Nigmatyazanova.

Today, in Ufa, company representative Nikolay Chen and Senior Deputy General Director for financial matters of the Corporation Oleg Golov discussed the prospects for production localisation. "Agreement was reached on launching work to assess the key financial parameters for implementing the project in the region", Nigmatyazanova said.

Mindrayis a leading world supplier of medical solutions and equipment. The company is headquartered in the Chinese city of Shenzhen and has a distribution and servicing network including branches in 22 countries.

Bashkiria’s head Rustem Khamitov announced earlier the intention to implement about 10 large scale projects with Chinese investors. These include construction of rape oil and sugar plants. Bashkiria is also counting on support from Chinese partners in building a metal works to process recycled materials with a capacity of 300-400 thousand tonnes a year. Among the other projects, Khamitov mentioned construction of highways and production units for processing gold and silver. Construction will be launched already in 2015 and, in 2016-2017, the first facilities will be ready.

21 September 2015
ITAR TASS
Investor
Republic of Bashkortostan

Investor profile

Mindray Medical International Limited

China

Company's website: www.mindray.com

T: (86-755) 81888998

Public company

E-mail: intl-market@mindray.com

Contact: XU Hang, Chairman of the Board of Directors

Mindraywas founded in 1991 to produce quality medical equipment. The company’s mission is to make medical services more accessible at a reasonable price throughout the world. In 2006, the company was listed on the New York Stock Exchange and it is now a leading developer, manufacturer and seller of medical equipment (it exports to 190 countries, has six scientific centres, 29 branches in China and 16 overseas sales offices). R&D centres are located both in China an abroad: in Shenzhen, Beijing, Nanzin, Seattle, New Jersey and Stockholm.

Mindray’s business embraces three stable production segments: patient monitoring and life support equipment, equipment for laboratory diagnostics and medical vis

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