Newnagy has entered the application business of medical equipment

Newnagy entered a strategic cooperation agreement with one of the largest medical equipment companies in China. Newnagy will be the sole partner of this medical equipment maker for nanogenerator technology applications in the area of life sciences. The two companies will collaborate strategically on R&D, and cooperate to develop new products and new applications based on nanogenerator technology. In addition, together the two companies will make efforts to gain support from state and local governments, and co-develop domestic and international markets for their new products.