Three Friends Medical and other newly established biotech companies

According to the Qichacha APP, recently, Litian Biotechnology Co., Ltd. was established with a registered capital of 60 million yuan. Its business scope includes: production of second-class medical devices; production of third-class medical devices; and operation of third-class medical devices. Qichacha's equity penetration shows that the company is jointly owned by Sanyou Medical and others.