WEGO Corporate and Strategy Overview
Innovation and talents strategies
WEGO thrives to accelerate future development embracing new opportunities, pushing boundaries of
innovation, expanding in-house R&D investment, and gathering top talents
Iteration of existing product
offerings
Improving the existing products and
investing in further R&D in line with
the product line strategy
Upgrading the existing products to
improve functionality, utilizing new
materials, and lowering production
costs
Boosting R&D investment
In 2022, the Company has invested
RMB 550mm in R&D, posting an
increase of 9% compared to the
previous year. Meantime, WEGO's
R&D team has continued to expand
In 2022, the Company obtained
123 new patents, had 171 patents
under application and received 60
new product registration certificates
WEGO威高
Innovation strategy
Personnel strategy
Attracting top talents
Attracting top talents from around the world, including senior
executives from multinational corporations
The sub-headquarter in Shanghai offers a strategic location
that enables the Company to bring together more talents
The talented team not only supports the development of the
exiting business segments, but also enables the Company to
explore new business opportunities and revenue streams
Strategic planning for
new products
Established R&D centers in Shanghai and
Suzhou, focusing on tackling key
technological challenges and developing
major breakthrough products
Aim to expand the product portfolio
through domestic and international M&As,
driving innovation and bringing new
solutions to the market, including infusion
port products, integrated sports medicine
solutions, and precision medical products
Investing in
potential new ventures
WEGO is committed to staying ahead of
industry trends, proactively making
strategic investments and acquisitions to
drive growth and expand the business
In recent years, the Company has
invested in four domestic and
international healthcare focused funds
with a total size of RMB 3.3bn, tapping
into a diverse range of fields including
medical aesthetics, orthopedics, robotics,
rehabilitation, and medical materials
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