Starting in July 2022, we have cooperated with a medical device company in Venezuela and signed an agency agreement. The customer sells dozens of machines every year, including color ultrasound DW-P30, DW-T50, black and white ultrasound DW-690, and wireless The annual purchase volume of probes DW-X1, DW-L2, and X-ray machine RD-500A reaches millions of USD. With the support of our products, our customers' turnover has hit new highs and developed rapidly in the Venezuelan local market. At the same time, it has also helped us build the reputation of the Dawei brand and achieve a "win-win".
After more than 10 years of market development, Dawei's distribution network in Indonesia can now cover both private hospitals and public hospitals. More cost-effective and richer product selections and flexible cooperation methods (OEM/ODM/SKD) enable Dawei to maintain continued competitiveness and provide strong support and guarantee for the business development of partners. In the future, Dawei will continue to delve into the Indonesian market and strive to bring greater value to partners and end users.
At the end of 2023, after our initial contact with the Libyan agent, after trying out the L3 and P50 prototypes, the agent was very satisfied with the performance of these color ultrasound machines. Therefore, the agent added the high-end P8 as the benchmark product of our product line at the beginning of this year and displayed it in our customer showroom. At the same time, the agency also organized an academic seminar to attract more doctors to participate and share each other's experiences and insights. In the first half of this year, we further expanded our cooperation. Not only did we add wireless L3 and other more cost-effective color ultrasound machines, but our agent purchase amount has reached millions of yuan.