Recently, HTDK and the Bank of Communications (BoCom) Shanghai Free Trade Zone Branch entered into a strategic partnership, signing a comprehensive cooperation agreement aimed at deepening collaboration in financial innovation. Moving forward, BoCom’s Shanghai Free Trade Zone Branch will provide comprehensive support to HTDK in areas such as credit, foreign exchange, cash management, settlement, and custody services. This partnership will facilitate the integration of finance and industry, accelerating the accessibility of global innovative medical devices in China and driving the upgrade of the country’s healthcare industry.

With over a century of deep involvement in the Chinese market, HTDK has developed strong and long-lasting partnerships with leading international medical device companies, leveraging its deep market insights, extensive distribution network, advanced information and data capabilities, and high-quality professional services. The company’s service offerings span a wide range of diagnostic and therapeutic products in areas such as orthopedics, ophthalmology, and cardiovascular medicine.

HTDK Medical’s efficient business model and strong growth momentum have garnered recognition and support from major domestic commercial banks. As one of China’s premier national financial institutions with a long-standing history, BoCom has closely followed HTDK’s rapid growth, establishing its first collaboration with the company in early 2019. As the partnership has expanded, BoCom has become HTDK’s most comprehensive banking partner, covering a broad range of business areas.

Through this partnership, BoCom will provide HTDK with tailored financial products that optimize cost-efficiency and maximize operational effectiveness. This will further expand HTDK’s financial reserves and accelerate its business development, solidifying its position as the leading commercialization partner for top global medical device companies in China.

HTDK CEO Teresa Chen remarked, “HTDK is committed to driving innovation and collaborating with various social resources to advance the accessibility of global medical innovations. BoCom stands as a model of comprehensive financial services, and we look forward to working closely to contribute to the continued growth of China’s healthcare industry.”

BoCom Shanghai Free Trade Zone Branch President Cai Yue stated, “As the only bank on the market that offers ‘five-in-one’ cross-border financial account services and the first to establish an offshore financial business center in the Lingang New Area, BoCom has consistently led the market in financial innovation. We are highly optimistic about the future of the healthcare sector, and our partnership with HTDK marks another milestone in this field.”