Shanghai Pharmaceutical Medical Equipment (SMICC) has accelerated the pace of One Fimet integration, and Chinese elements brought European brand to a new level.

13.4.2023

In recent years, Shanghai Pharmaceutical Holding (SPH) has continuously accelerated its international development and strived to build major business segments with international environment. In terms of medical devices, its subsidiary Shanghai Pharmaceutical Medical Devices (SMICC) has acquired 100% equity of Fimet Invest Oy, a Finnish dental medical equipment company, in 2021, taking the pace of global development. With the help of the business model of “European technology + Chinese manufacturing + global market”, it will create a globalized Dental comprehensive enterprise of the full industry chain.

March 2023, the management team of SMICC. went to Finland to participate in the Dental Exhibition, IDS in Cologne, Germany.

Before IDS , at the Fimet Oy staff meeting and management meeting at the Askola factory in Uusimaa, Finland, Mr. Shen Qi, General Manager of SMICC and Chairman of Fimet Invest OY, personally expressed to the Fimet team that the two companies are forming a  “developing-production- Market” integration and interaction under “One Fimet”, and thanked the Finnish team for their great support and cooperation with the Chinese counterparts after the acquisition, and presented the trophy to Jari Raininko, the representative of Fimet Oy’s R&D team and best individual performer Petri Timonen, who won the 2022 Team and individual Contribution Award of SPH respectively .

The Fimet Oy’s management team made a detailed work report on the overall business situation, production procurement plan, new product development progress, and IDS exhibition arrangements in Germany.

Relying on excellent quality and Nordic-style design, Fimet has a good reputation in the field of dental treatment instruments. At this year’s Cologne Dental Exhibition (IDS 2023, 100th anniversary), Fimet attracted the attention of distributors and dentists from many places around the world with its excellent design, quality and advantageous booth layout set up with our great German partner IC MED GmbH, and the German market exhibition order was obtained has achieved the best performance in recent years and laid a good foundation for the internationalization of SPH’s medical device dental industry.