Shanghai United Imaging Healthcare Co is officially listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange on Aug 22. [Photo/WeChat account: sh-jiading]
Shanghai United Imaging Healthcare Co was officially listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange on Aug 22, with the stock code 688271.
Its initial public offering of 100 million shares was priced at 109.88 yuan ($16.04) per share and the total capital raised was 10.99 billion yuan, becoming the largest IPO on the STAR Market this year.
The company aims to invest the capital raised in the research and development of next-generation projects, high-end medical imaging equipment, and other supplementary projects such as marketing, information, and cash flow, to further support the company's large-scale development and globalization.
Established in 2011, Shanghai United Imaging Healthcare Co has been working on providing high-performance medical imaging equipment, radiotherapy equipment, life science instruments and offers intelligent digital solutions.
The company has attracted a large number of scientists from home and abroad since its establishment. As of the end of 2021, the company had over 2,000 R&D employees, accounting for over 35 percent of the total.
Statistics showed that from 2019 to 2021, the company's total annual revenue reached 2.98 billion yuan, 5.76 billion yuan, and 7.25 billion yuan, respectively.