WEGO Corporate and Strategy Overview
International development
Connecting China to the globe, building stronger WEGO business by global collaboration
WEGO has integrated the internal resources and established an overseas business unit, to continuously drive the international development
process. By leveraging the global resources, the Company integrated R&D, production, sales and distribution, and services to enhance WEGO's
industry competitiveness and to promote the upgrading and refinement of the entire industry vertical
Despite the challenges posed by the global economic downturn in 2022, the overseas business has remained stable and experienced significant
growth. Its revenue from overseas has increased by 19.2% yoy
Strategic goal of WEGO's global expansion plan:
1. Domestic market: WEGO is committed to bringing high-end medical device products and advanced technologies to the Chinese market
through strategic investments and licensing-in to improve the product structure and optimize the product portfolio
2. Overseas market: over the next decade, WEGO is dedicated to achieving parity with international industry leaders, accelerating the
Company's global expansion plan, transforming from an original equipment manufacturer to a brand manufacturer. WEGO hopes to move
from being a Chinese exporter to becoming a multinational corporation. The Company's ultimate goal is to achieve globalization rate of over
50%
WEGO
North America center
2022
WEGO感高
WEGO
WEGO
Europe center
WEGO
2023
South America center
2023
WEGO
Overseas Business
Department (Shanghai)
2023
Southeast Asia
Regional Center
(Singapore)
2022
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