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SuZou Xinrong Best Medical Instrument Co,.Ltd is a sino-foreign venture company and a Manufacturer professionally engaged in orthopedic medical instruments,the member of China Medical Instrument institute,and the director of Otrthopedic Committee of China Medical Instrument institute.
U.S. private equity investment company Blackstone Group has completed the equity investment of $100 million in Chinese orthopaedic implant material manufacturer-Xinrong Best Medical Instrument Co., Ltd. which is headquartered in Suzhou Suzhou Xinrong was founded in 2000 and it's one of domestic manufacturers of limb trauma, spine and joint orthopaedic implant materials. Luo Yi, Senior Managing Director of Blackstone Group, believes that orthopedic implant materials market has tremendous growth potential with the aggravation of China's aging of population and the increase of disposable income. Suzhou Xinrong has established a good distribution network throughout the country and Blackstone Group hopes to jointly develop domestic first-class technology with international standard through this investment and further promote its competitiveness in domestic and international markets.