HTDK has officially commenced operations at its Yixing Supply Chain Industrial Park, located in Xushe Town, Yixing City. The grand inauguration ceremony was attended by notable officials, including Feng Xiaochun, Secretary of the Yixing Municipal Party Committee; Jin Lei, Deputy Mayor of Yixing; Chu Xifeng, Secretary of the Xushe Town Party Committee; and key representatives from HTDK, including Fang Min, Partner at Warburg Pincus, Co-President of China Private Equity, and Chairman of HTDK; Zhang Quanyuan, Managing Director; and Teresa Chen, CEO of HTDK.

Prior to the ceremony, Secretary Feng and his delegation toured the facility and were briefed on the project’s development and operational details. Secretary Feng commended the project, emphasizing that Yixing’s government departments will continue to offer strong support and provide innovative service models to guide the project’s growth. He expressed the city’s ambition to position HTDK Medical’s Yixing Supply Chain Industrial Park as a benchmark for Xushe Town and Yixing City, driving industrial upgrades and promoting high-quality economic development.

The Yixing Supply Chain Industrial Park focuses on the medical device, high-value consumables, and medical aesthetics sectors. The park encompasses a warehousing and distribution center, an e-commerce hub, and a center for localizing the manufacturing of imported medical devices. By leveraging synergies with other healthcare projects funded by Warburg Pincus, the park aims to establish a high-end, efficient, and integrated supply chain ecosystem for medical devices, fostering innovation and growth in China’s healthcare sector.

At the heart of this development is a 10,766-square-meter, state-of-the-art, temperature-controlled warehouse, which is now fully operational. The facility will support the storage, distribution, and e-commerce activities for medical devices. The park is set to introduce and distribute a range of globally renowned medical products, including orthopedic devices, The FAROMED surgical endoscope heater defogging system, and respiratory care solutions from Brea. These additions will further bolster HTDK’s influence and footprint in the medical device market.

HTDK will also establish a comprehensive multi-category e-commerce supply chain center within the park, offering integrated online and offline solutions. This initiative will accelerate introducing world-leading consumer healthcare products into the Chinese market. Moreover, the construction of an international medical device innovation and intelligent manufacturing center is well underway, with the first two projects already signed and factory renovations progressing smoothly. This center will focus on the localization of cutting-edge international medical devices, reinforcing Yixing’s role as a key hub for innovation and development in the global medical device industry.

Fang Min, Partner at Warburg Pincus, Co-President of China Private Equity, and Chairman of HTDK, commented, “The launch of HTDK Yixing Supply Chain Industrial Park marks a critical milestone in our mission to drive the development of China’s medical device industry. With an efficient supply chain and innovative manufacturing capabilities, we are committed to bringing world-class medical devices to the Chinese market while actively promoting local production. Looking forward, we remain dedicated to fostering innovation and collaboration to support the continued growth of China’s healthcare.”