Shanghai, China, February 21, 2022 — Honeywell (NASDAQ: HON) today announced that it has received the "2021 Strategic Collaboration Award" from Jiangsu Yuyue Medical Equipment Co., Ltd. (hereinafter referred to as "Yuyue Medical"). The award is a recognition and encouragement for the two sides to work together to help the global fight against the pandemic. Together, the two sides expressed their willingness to continue to deepen collaboration in the field of life sciences business layout, joint innovation and digital transformation.
As an important collaborative partner of each other, Honeywell relies on its pioneering technology in the field of high-performance oxygen generation molecular sieve, and joins hands with Yuyue Medical Services to promote the prevention and control of the epidemic with innovative technology, and empowers the high-quality development of life sciences with innovative technology. Since the outbreak of the new crown epidemic, Yuyue Medical, as a global leader in the development and production of oxygen concentrators, has actively exerted its technological advantages to help the prevention and control of the epidemic worldwide. Through the strategic cooperation between the two sides, Honeywell actively deploys and coordinates global raw materials, production capacity, logistics and other resources to ensure the supply of Yuyue Medical oxygen concentrators. Relying on the advanced technology in the field of high-performance oxygen molecular sieves, Honeywell's innovative oxygen production adsorbent MEDOX meets the strict medical certification requirements of the shopping mall for oxygen generators. In addition, Honeywell and Yuyue Medical are committed to expanding the in-depth collaboration in the field of life sciences, jointly developing the next generation of home oxygen concentrators, and leading the innovation of life science and technology.
"Honeywell has the technology, expertise and customer service to cover the entire life sciences value chain, providing customers with solutions in all aspects of medical innovation research, development and delivery, and helping the development of life sciences with innovative technology." Maoshu Liu, Vice President and General Manager of Honeywell Performance Data & Technology Group for Asia Pacific, said, "As an important collaborative partner of Honeywell in the field of high-performance oxygen generation zeolite technology, the '2021 Strategic Collaboration Award' issued by Yuyue Medical is a strong recognition of the effectiveness of the collaboration between the two sides. We look forward to continuing to open strategic cooperation with Yuyue Medical, empowering the progress of life science work, and continuing to contribute to the global epidemic prevention and control." ”
"Yuyue Medical has always led the career development with high standards, and we are very pleased to see that the strategic collaboration with Honeywell has achieved good results. The two sides will continue to give full play to their respective advantages to meet the demand for high-quality household oxygen in global shopping malls, and jointly promote the high-quality development of the medical oxygen concentrator profession. Wu Qun, chairman of Yuyue Medical, said, "It is an important task for the two companies to actively implement social responsibilities and concentrate on inventing value for society. Yuyue Medical and Honeywell are committed to integrating the health needs of people around the world into continuous innovation to protect life and health. ”
Yuyue Medical is one of the world's largest oxygen concentrator developers, with more than 20 years of experience in the field of life and health work, committed to the development of innovative and intelligent production of medical devices, and its respiratory therapy solutions include medical-grade and other types of oxygen concentrator equipment. As one of the major medical device companies in China, Yuyue Medical has been ensuring the quality of medical-grade oxygen supply with rigorous, mature and cutting-edge craftsmanship and establishing a professional benchmark.
Honeywell UOP is one of the pioneers in the field of catalysts and adsorbents, having synthesized and commercialized molecular sieves in the laboratory as early as the early 50s. Over the course of 70 years of technology, Honeywell has continuously developed and improved the functionality of molecular sieves according to the needs of the application. In addition to product development, UOP's R&D center in China is equipped with high-performance pressure swing adsorption (PSA) testing and experimental simulation technology to help customers quickly adjust the most suitable operating parameters, save product debugging time, ensure that the output oxygen production concentration meets the requirements of medical and health care, and better serve customers.
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