Recently, WEGO Group has been receiving good news continuously, with its strategic layout deepening.On May 16, the WEGO Cloud Innovation Park, located in the core area of Shanghai Hongqiao International Central Business District, grandly opened.This innovative base, created by WEGO Group, a leading domestic medical device enterprise in China, is not only a milestone in Shanghai's biopharmaceutical industry layout but also marks a crucial step in China's medical technology strategic transformation from "manufacturing export" to "technology + service export."On May 19, WEGO Group's leading company in China's hemodialysis field – Shandong Weigao Blood Purification Products Co., Ltd. ("Weigao Blood Purification," stock code: 603014) – officially listed on the Shanghai Stock Exchange Main Board.The company's stock opened at 49.99 yuan per share, with a market value exceeding 20.5 billion yuan.

WEGO Group founder Chen Xueli started from assembling infusion sets and gradually rose to become the leader in China's disposable medical device industry. To date, he has built up four listed companies: WEGO Holdings, WEGO Orthopaedics, Huadong Numerical Control, and WEGO Blood Purification, with a total market value of nearly 60 billion yuan.

WEGO Cloud Innovation Park covers an area of approximately 61 mu, with a total construction area of about 186,000 square meters. Located at No. 499 Fangting Road in the Hongqiao Qianwan area, it operates under the distinctive model of "Space + Service + Investment." The park builds a capital value network, competitive value network, customer value network, and supply chain value network, continuously enhancing industrial agglomeration and strengthening industrial chain collaboration. It aims to create a one-stop, professional medical device park with full-service functions, including CRO (Contract Research Organization) + CDMO (Contract Development and Manufacturing Organization) + CSO (Contract Sales Organization).

WEGO Cloud Innovation Park boasts significant locational advantages, with close proximity to the Hongqiao Transportation Hub, the National Exhibition and Convention Center, and the New Hongqiao International Medical Center. The park is just a 15-minute direct route to the airport and high-speed rail station, and a 10-minute reach to global exhibition resources, forming a "zero-distance industrial living circle." In April this year, the park was designated as the "Great Hongqiao Medical Device Export Service Base," leveraging the resources of the Hongqiao Overseas Development Service Center to establish an integrated "Exhibition-Storage-Supply Chain-Broadcast" function. It offers one-stop services including policy consultation, product display, and cross-border technology transfer, helping enterprises reduce trial-and-error costs in globalization.

▲ Source of the article: Shanghai Hongqiao Central Business District Management Committee

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