Is Ailang Medical a Sino-foreign joint venture?

Yes. Ailang Medical Devices Co., Ltd. is located in Torch High-Tech Industrial Development Zone, Weihai City, Shandong Province, founded in 2021, is a Sino-foreign joint venture, the company's main business scope is currently licensed items: Class III medical device production; Class III medical device business; medical device Internet information services; Class II medical device production, is officially identified as a legitimate business enterprise.