SDIC Fund Management Company Ltd., a private equity firm majority owned by China’s State Development & Investment Corporation (SDIC), as well as an investment arm under China Life Insurance Co., Ltd., have led a RMB3.3 billion (US$500 million) series A round in Shanghai United Imaging Healthcare, a medical imaging equipment developer. China State-Owned Capital Venture Investment Fund, China International Capital Co., Ltd’s private equity unit Zhongjin Zhide, CITIC Securities Co., Ltd., a fund under CDB Capital, and a private equity …

SDIC Fund Co-Leads $500M Round In Chinese Medical Equipment Firm appeared first on China Money Network.