NEWS CENTER
2024-12-09
Tianyi Medical's Thailand Factory Groundbreaking Ceremony Held Successfully, Opening A New Chapter In Its Internationalization
On December 5, 2024, the groundbreaking ceremony of Tianyi Medical (Thailand) Limited was grandly held in Thailand, which marked the beginning of a new era of Tianyi Medical's overseas layout. The event not only attracted the attention of many guests from inside and outside the industry, but also reflected Tianyi Medical's firm confidence and long-term layout in the overseas market.
Groundbreaking Ceremony Was Very Lively
The groundbreaking ceremony was held in AMATA CITY INDUSTRIAL PARK, Rayong, Thailand, with a warm and solemn atmosphere. Mr.Wu Zhimin, Chairman and General Manager of Ningbo Tianyi Medical Appliance Co., Ltd. and Mr.Xing Ruyi, General Manager of Jing Gong Gong Ye(Thailand) Co.,Ltd.unveiled the foundation stone together, and cultivated the soil for the project together with Mr.Wu Bin, Director and Deputy General Manager of Ningbo Tianyi Medical Appliance Co., Ltd. and Mr.Zheng Jinquan, Deputy General Manager of Jing Gong Gong Ye(Thailand) Co.,Ltd.and other senior leaders of the company, which symbolizes that the foundation of Tianyi Medical in Thailand has been firmly laid.
Tianyi Medical Takes Solid Steps in Internationalization Strategy
Against the backdrop of a booming global healthcare market, internationalization has become a key strategy for medical device companies to open up new markets. The Chinese government actively supports medical enterprises to "going global" and enhance their international competitiveness through overseas investment, etc. Tianyi Medical follows the national policy and invests in the construction of a Thailand factory, which not only follow the market trend, but also helps to improve the international status of China's medical device industry.
It is reported that Tianyi Medical (Thailand) Limited covers an area of 34,036 ㎡ and plans to complete the construction by the end of 2025 and officially put into production in early 2026. The project has invested more than RMB 400 million in its construction, and its annual output value is expected to exceed USD 120 million when it reaches production. In the future, the factory will mainly target European and American customers and the Southeast Asian market, producing hemodialysis blood tubing system, nutritional tubing system and so on. Thailand's favorable geographical location, well-developed infrastructure and good investment environment provide good conditions for the construction and operation of the Tianyi Medical's factory.
Mr.Wu Zhimin, Chairman and General Manager of Tianyi Medical, said in his speech, "Tianyi Medical has always been committed to the field of medical products, and has established a good reputation in the industry by virtue of its excellent quality and innovative spirit. In order to better serve our overseas customers, We will fully integrate our resources, introduce advanced production technology and management concepts to build an intelligent and modernized medical products manufacturing base, ensuring that every product meets international first-class standards and satisfies the needs of our global customers."
Working Together for Future Development
With the groundbreaking of the Thailand factory, Tianyi Medical's internationalization strategy has made some progress. Tianyi Medical said: in the future, we will continue to uphold the spirit of pursuing excellent quality and innovation, and continuously improve the competitiveness of our products, contributing more to the global healthcare industry. At the same time, Tianyi Medical will also take this opportunity to expand the international market and realize the sustainable development of the enterprise.
Mr.Wu Zhimin also thanked the local government and relevant departments in Thailand for their support and guidance in the preparation of the project and said, "The smooth construction and development of Tianyi Medical (Thailand) Limited can’t be achieved without the support and assistance of all parties. We are looking forward to cooperating with more outstanding enterprises and talents to jointly promote the progress and development of the medical industry."
In the future, Tianyi Medical's factory in Thailand will play an important role as a link between China and the rest of the world., leading the medical field into a new era of global development strategy.
The successful groundbreaking ceremony of Tianyi Medical's Thailand factory not only marks a solid step in the company's internationalization journey, but also injects new vitality into the local economy of Thailand. We expect Tianyi Medical to achieve better success in the future and contribute more to the development of the global healthcare industry.