on december 30th, 2020, our company signed an investment agreement with rizhao economic and technological development zone, and kdl medical-rizhao innovative medical device industrial park (“industrial park”) officially settled in rizhao economic development zone. the industrial park aims to build an innovative medical device industrial park with multiple platforms, includinginterventional medical device production, innovative product research and development incubation, employee training and academic exchange services.
the establishment of the industrial park will further supple and enrich our product pipeline, thereby further expand the market competitiveness and strengthen our development.