China Daved Medical acquired 100% equity rights of Ningbo Yongxin Medical Ltd with its own funds of RMB 4.4 million , and reinvest RMB 5 million in the new acquired company. 

NIngbo Yongxin Medical specialises in parts processing of intelligent infusion pump. While the main products of the David Medical are Infant Incubator, Transport Incubator, Infant Radiant Warmer, Neonate Bilirubin Phototherapy Equipment and so on.

In virtue of the acquisation, David Medical could further accelerate its medical equipment develoment and reduce its risk of product concentration.