NYSE Welcomes Mindray Medical International To Its Growing List Of Chinese Companies Mindray’s IPO Raises $270 Million, 18th Company From Mainland China On NYSE

The New York Stock Exchange today welcomed Mindray Medical International Limited to the NYSE, where the company’s IPO raised $270 million. Mindray Medical, a leading medical device designer and manufacturer in China , began trading on the NYSE today under the ticker symbol “MR”.

“Since the NYSE is the premier listing market for worldwide companies, it is best matched with our strategy to become a global company,” said Mindray Medical International Chairman Hang Xu, who rang today’s Opening Bell at the NYSE.

“We welcome Mindray Medical International to our family of listed companies,” said NYSE CEO John A. Thain. “We look forward to an outstanding partnership with Mindray Medical International, and to providing the company with the outstanding market quality and superior visibility that issuers from around the world have come to expect from listing on the New York Stock Exchange.”

Headquartered in Shenzhen, Mindray Medical International Limited is a leading developer, manufacturer and marketer of medical devices in China with a significant and growing presence outside of China .  Established in 1991, Mindray offers a broad range of products across three business segments:  patient monitors, clinical laboratory instruments and reagents, and ultrasound imaging systems. Mindray has sold over 200,000 devices in more than 120 countries. Since 1992, Mindray has launched at least ten new or upgraded products annually in all three primary business segments.

The company has offices in 29 major cities of China , as well as representative offices in the United States , the United Kingdom , Canada , Turkey and Hong Kong .

Mindray is the latest in the roster of high-growth entrepreneurial Chinese companies to be listed on the New York Stock Exchange, bringing the number of companies from Mainland China to 18. The total number of NYSE-listed companies from greater China listed on the NYSE is 31, with a total global market capitalization of $671 billion (as of Aug. 31, 2006 ). The NYSE is home to 453 non-U.S. companies with a total market capitalization of $8.8 trillion representing 47 countries.

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