United Imaging
 | |
| United Imaging | |
Native name | 上海联影医疗科技股份有限公司 |
| Company type | Public; State-owned enterprise |
| SSE: 688271 | |
| Industry | Medical technology |
| Founded | March 21, 2011 |
| Founders |
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| Headquarters | Shanghai, China |
Key people |
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| Revenue |  CN¥11.41 billion (2023) |
| CN¥1.98 billion (2023) | |
| Total assets | CN¥25.34 billion (2023) |
| Total equity | CN¥18.88 billion (2023) |
| Owner | Shanghai Municipal People's Government |
Number of employees | 7,440 (2023) |
| Website | united-imaging |
| Footnotes / references [1] | |
United Imaging (UIH; Chinese: 联影医疗; pinyin: Liányǐng Yīliáo) is a partially state-owned publicly listed Chinese multinational medical technology company headquartered in Shanghai, China. The company manufactures medical imaging and radiotherapy equipment.
Background[edit]
UIH was founded in 2011 by Xue Min and Zhang Qiang who were former of employees of Siemens.[2][3] The Shanghai Municipal People's Government and Chinese Academy of Sciences helped establish the company as well as provide funding for it to develop.[4] The Shanghai government is considered the controlling shareholder of UIH as it has majority ownership through indirect holdings.[4]
In 2013, UIH established its American Research and development center in Houston. In 2018, Houston became its regional headquarters when UIH entered the North American market by attending the Radiological Society of North America's annual meeting.[3][4]
In 2014, General Secretary Xi Jinping visited the company during a trip to Shanghai.[2][4]
UIH benefitted during the COVID-19 pandemic. Chinese health authorities listed scanners and X-ray systems as basic required equipment for hospitals leading to a surged in demand. UIH became profitable in 2020[2][3]
In August 2022, UIH held its initial public offering becoming a listed company on the Shanghai Stock Exchange STAR Market. It raised US$1.6 billion making its one of the largest offerings in China that year. On its trading debut, UIH shares surged 75%.[2][3][4][5]
UIH has established overseas operations around the world although it is still in process of obtaining sufficient brand recognition globally with the majority of revenue coming from China.[2][3][4] It has a research partnership with Washington University School of Medicine.[2] UIH competes with peers such as Siemens Healthineers, GE HealthCare and Philips Healthcare.[3]
References[edit]
- ^ "2023 Annual Report" (PDF). Sohu.
- ^ a b c d e f Feng, Venus (25 August 2022). "Covid Crisis Helps Vault Chinese Tycoon to Billionaire Status". Bloomberg News.
- ^ a b c d e f Zhang, Mingmin (23 June 2023). "China's "Top Student" Takes on the "International Exam": United Imaging's Path to Overseas". EqualOcean. Archived from the original on 27 November 2023. Retrieved 21 June 2024.
- ^ a b c d e f "Shanghai United Imaging Healthcare (688271)" (PDF). Horizon Insights. 16 September 2022.
- ^ "China's United Imaging shares soar 75% in Shanghai STAR debut". Nikkei Asia. 22 August 2022. Archived from the original on 20 June 2024. Retrieved 21 June 2024.
External links[edit]
- 2011 establishments in China
- 2022 initial public offerings
- Companies based in Shanghai
- Companies listed on the Shanghai Stock Exchange
- Government-owned companies of China
- Health care companies established in 2011
- Health care companies of China
- Medical imaging equipment manufacturers
- Medical technology companies of China
- Medical device manufacturers