Manufacturer Jiangsu Baining Yingchuang Medical Technology Co Ltd – based in the Taizhou Port Economic Development Zone in Taizhou city, in East China's Jiangsu province – was named a national-level "little giant" firm in the latest announcement by the Industry and Information Technology Department of Jiangsu Province.
So-called "little giant" firms are small and medium-sized enterprises characterized by strong specialization, refined management, unique products and innovative capabilities.
Founded as a high-tech enterprise, Baining Yingchuang combines research, production and sales of advanced medical devices.
Its flagship product – an ultrasonic soft tissue cutting and hemostasis system – has been widely adopted by top hospitals across China, serving as a high-quality domestic alternative to imported technologies.
To date, the Taizhou Port EDZ has nurtured three national-level little giants as it continues to focus on supporting SMEs in key sectors. The next steps for the zone involve fostering more companies to specialize in their fields, helping them grow into industry champions and supply chain experts.