Baidu Invests in Shenzhen Motion Medical with 2.44% Stake Ahead of IPO Filing

Securities Times eCompany News, Qichacha APP shows that on March 22, Shenzhen Moptim Medical Technology Co., Ltd. underwent a business registration change, adding Sanya Baichuan Zhixin Private Equity Investment Fund Partnership (Limited Partnership), a company affiliated with Baidu, as a shareholder, holding 2.44% of the shares. Qichacha information shows that the company was established in 2003, with a business scope including: sales of Class II medical electronic instruments and equipment, medical optical instruments and equipment, endoscopic equipment, medical X-ray ancillary equipment and components, and basic medical laboratory equipment and appliances.