Midea Wandon and Brazil's VMI Group reach significant cooperation agreement.

According to the information from Wandong Medical, on May 12, Midea Wandong officially signed a strategic cooperation memorandum with VMMI Group. This signing signifies a new stage in the cooperation between China and Pakistan in the medical and health industry. Both parties will conduct deeper cooperation in the research and development and manufacturing of high-end medical equipment, and jointly explore the Latin American market. According to the memorandum, both parties will establish a joint venture in Brazil focusing on the research and development and localized manufacturing of high-end medical equipment such as MRI, CT, and Cath Lab.