Ewell acquires 18% stake in Yijie Medical, accelerating the layout in medical IoT

Ewell announced that in order to accelerate the strategy of the IoT medical application field and accelerate the implementation of its fundraising project “Internet of Things Smart Medical Traceability Management Project”, the company has decided to transfer its own capital of 54 million yuan to Ningbo Huirui for its 18% equity interest in Hangzhou Yijie Medical.

Ewell announced that in order to accelerate the strategy of the IoT medical application field and accelerate the implementation of its fundraising project “Internet of Things Smart Medical Traceability Management Project”, the company has decided to transfer its own capital of 54 million yuan to Ningbo Huirui for its 18% equity interest in Hangzhou Yijie Medical.

Healthcare is an important application area for Internet of Things technology. One of Ewell’s non-public offering projects in 2018 is the “Internet of Things Smart Medical Traceability Management Project”, which is based on RFID technology and the Internet of Things common open platform. It uses Internet of Things technology to automatically identify, locate, monitor and manage medical resources, to provide hospitals with world-leading one-stop management services.

Yijie Medical is a high-tech enterprise specializing in the development and production of intelligent medical equipment. Yijie Medical’s intelligent clothing management and recycling vehicles and other products can provide hardware support for Ewell’s fundraising project mentioned above.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/ewell-acquires-18-stake-in-yijie-medical-accelerating-the-layout-in-medical-iot/.

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