Home Miconvey Technologies Acquires Huaiyin Medical, a Legacy Surgical Instrument Manufacturer, from Fosun Pharma

Miconvey Technologies Acquires Huaiyin Medical, a Legacy Surgical Instrument Manufacturer, from Fosun Pharma

Apr 21, 2026 16:17 CST Updated 16:17
Miconvey

Medical Device R&D, Production, and Sales

Fosun Pharmaceutical

Healthcare Industry Group

Huaiyin Medical

Medical Surgical Instruments Provider

Source of the article:ThoughtYu MedTech
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April 20, 2026Chongqing Miconvey Medical Technology Co., Ltd.As disclosed through the company's official channels, it has reached an agreement with Fosun Pharmaceutical'sFosun Diagnostic TechnologyReach a cooperation agreement to acquire its subsidiaryHuaiyin Medical Instruments Co., Ltd.(hereinafter referred to as "Huaiyin Medical") 100% equity. According to the company's public information, after the completion of this transaction, Huaiyin Medical will be integrated into the Miconvey Medical system.
The company stated that this acquisition will be used to supplement the existing product pipeline and further...Expand the product portfolio in the field of surgical instrumentsThe official disclosure did not include details such as the transaction amount, payment method, and specific delivery time.
Miconvey Medical stated in its public remarks that through this acquisition, the company will supplement its traditional surgical consumables product line on the basis of its original minimally invasive surgical instruments business, thereby forming a more complete surgical product system.

Miconvey Medical
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Miconvey Medical(Miconvey Technologies) was established in 2013, headquartered in Beibei District, Chongqing, China, with a registered capital of approximately 94.64 million RMB. The company's predecessor can be traced back to Beijing Clotide Bioproducts Technology Development Co., Ltd., founded in 1998. After several rounds of upgrades and adjustments in brand and business structure, it gradually transformed into a research and development enterprise focusing on minimally invasive surgical medical devices.
At present, Miconvey Medical mainly focuses on minimally invasive surgical instruments in its business structure, forming three major technological platform systems:Minimally Invasive Surgery Platform, Energy Series Platform, and Biological Hemostasis PlatformThe product application scenarios cover multiple surgical subfields, including general surgery, thoracic surgery, urology, and gynecology. The company owns a Class 100,000-level purified production workshop and has established a manufacturing system ranging from R&D design and process development to large-scale production, with a workforce of approximately 200 to 300 employees.

Huaiyin Medical
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The Target of This AcquisitionHuaiyin Medical Instruments Co., Ltd.Huaiyin Medical Instruments Co., Ltd. is a surgical instrument manufacturing enterprise with a long history of production. The company was originally established in 1959 and completed its industrial and commercial registration reform in 1999. Its current registered address is located in Qingjiangpu District, Huai'an City, China, with a registered capital of 10 million RMB. The company has been engaged in the research, development, and production of medical surgical instruments and consumables for a long time.
In terms of equity structure, Huaiyin Medical was previously a wholly-owned subsidiary within the medical device division of Fosun Pharmaceutical. The company has a relatively mature manufacturing system in the field of basic surgical consumables and is one of the earlier enterprises in China to engage in the production of surgical sutures.
With the progress of this equity acquisition, Miconvey Medical will expand beyond its minimally invasive surgical instruments platform.Product system expanded to cover basic surgical consumables such as surgical sutures and scalpel blades.Public information shows that, upon completion of the transaction, Huaiyin Medical will become an important part of Miconvey Medical's layout in the surgical instrument industry chain.

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