Meihua International Medical Technologies Co., Ltd. announced the establishment of a subsidiary, Hainan Ruiying Technology Co., Ltd., in the Hainan Free Trade Port Boao Hope City in Qionghai City, Hainan Province. With newly developed company, Ruiying Technology, the company intend to leverage the exceptional policy advantages offered by Hope City, with the aim of advancing the Chinese medical landscape by introducing cutting-edge patented Pharmaceuticals, medical technologies and civilian household equipment from renowned markets like the United States, Japan, and Israel. As the parent company of Ruiying Technology, many products of the Company have obtained international CE certification, and some of them have also been registered with the U.S. FDA.

The company anticipates that the development of Ruiying Technology, along with the progressive policies available in Hope City, will expand the scope of MHUA's product offerings in the future. Moreover, Ruiying Technology is set to forge a close partnership with the Company's subsidiary Hainan Guoxie Technology Group Co., Ltd. ("Hainan Guoxie"). The company believe that this collaborative synergy ensures a seamless fusion of technology importation and localized production, reducing material costs and improving operational efficiency, culminating in MHUA's provision of exceptional, high-quality medical products tailored to the Chinese market.