Corporate Profile of China Scientific Equipment Corporation

The company was founded in June 1962; reorganized into China National Pharmaceutical Group Corporation in 2009; reorganized with China Medical Device Industry Corporation in 2010. Currently, its subsidiaries include China Medical Devices Industry Corporation (Sinopharm), and participates in Avionics General Electric Medical Systems Co.

Since its establishment, China Scientific Equipment Corporation has always adhered to the purpose of providing special, integrated and comprehensive services for the vast number of users, such as medical institutions, research institutes, universities and colleges, industrial and mining enterprises, etc., and has introduced the latest technologies to the national "863 Program", "Torch Program" and other key scientific and technological programs, such as "Medical Device Industry Corporation of China", "Medical Device Industry Corporation of China" and "Medical Device Industry Corporation of China". The company has introduced advanced technology and key equipment for national "863 Program", "Torch Program" and other key science and technology programs. As the core enterprise of scientific instruments and medical devices business of Sinopharm Group, based on the Group, the company is currently carrying out and will carry out: domestic commercial business, including consignment procurement service of consumables, GPO and government procurement, and direct sales of medical devices; industrial and scientific research business, including research and development of consumables and equipment and manufacturing, as well as value-added services, such as maintenance; import and export business, including the import and export of scientific instruments and medical devices; and bidding, government procurement, and technical and technological services, including the import and export of scientific instruments and medical devices. The import and export business includes the import and export of scientific instruments and medical devices, as well as bidding, government procurement, technical services, domestic and overseas exhibitions, property management and other businesses. Sinopharm Instruments, the subsidiary of Sinopharm Instruments, is currently the largest medical device commercial enterprise in China, with the largest medical device commercial network in China, and has initially formed a marketing network layout structure across the country. Sinopharm is further focusing on resource allocation, building a centralized control platform, taking Sinopharm as the business operation carrier, and constructing a point-strong network of medical device commercial network.

CSEC adheres to Sinopharm's corporate philosophy of "caring for life and taking care of health", and in major national events such as the Tangshan Earthquake in 1978, the flood rescue in 1998, the fight against SARS in 2003, the Wenchuan Earthquake Relief in 2008, and the 2008 Olympic Games, Sinopharm has been responsible for the centralized stockpiling, transferring and distribution of national medical devices, as well as for the development of the medical equipment business. In major national events such as the 1998 flood relief, the 2003 SARS outbreak, the 2008 Wenchuan earthquake relief and the 2008 Olympic Games, Sinopharm and Sinopharm Instruments, which is responsible for the centralized stockpiling, redeployment and supply of national medical equipment, have provided various instruments, medical equipment and consumables, and played an active role in safeguarding the lives and health of the people and social stability. Sinopharm is a member of China Association for the Promotion of Trade, China International Chamber of Commerce, and six national professional import and export chambers of commerce such as electromechanical, medical insurance, minerals and chemicals, light industry, textile, grain, oil, soil and livestock, as well as analytical testing association, and is also the chairman of China Scientific Equipment Production and Marketing Federation.

China Scientific Equipment Corporation will fully implement the overall strategic layout of Sinopharm Group, pull the construction of the whole medical equipment industry chain by the integration and large-scale development of medical equipment circulation industry, drive the development of the whole medical equipment industry chain by the advantageous commercial business segment, bring industry with trade, promote science with trade, and continue to strengthen the whole industry chain of trade, industry, science and service of the medical equipment industry to realize the leapfrog development, and to contribute to the integration and industrial upgrading of national industry, and to the national pharmaceutical industry and the development of the medical equipment industry. We will continue to strengthen the whole industry chain of trade, industry, science and service in the medical device industry to achieve leapfrog development and make due contribution to the integration and industrial upgrading of the national industry, the reform of the national medical and health system, and the smooth realization of the 12th Five-Year Plan of Sinopharm.