- Business
- Andon Health Co., Ltd. (002432.SZ) researches, develops, manufactures, and sells health electronics, smart hardware, and medical instruments principally for home use; its core products encompass blood pressure monitors, blood glucose meters, thermometers, pulse oximeters, nebulizers, TENS units, massagers, body fat scales, pregnancy rapid tests, fetal heart rate meters, COVID-19 test kits, nasal irrigators, insect bite healers, red light allergy relievers, and wearable devices tracking blood oxygen, ECG, heart rate, weight, body fat, sleep, and exercise under brands including iHealth, alongside original design manufacturer/original equipment manufacturer offerings and mobile medical communications equipment. Founded in 1995 and headquartered in Tianjin, China, the company operates globally through subsidiaries in Silicon Valley, Paris, Beijing, and Singapore, serving domestic and overseas markets in personal health management, chronic disease monitoring, and smart healthcare via an integrated platform of hardware, mobile applications, and cloud services. In February 2025, its wholly-owned subsidiary Andon Hong Kong completed the acquisition of the remaining 20% stake in iHealth Inc. from Xiaomi Investment for $45.91 million, achieving 100% ownership and enhancing control over its key overseas brand and IVD expansion including diabetes management solutions; additionally, in August 2025, Andon Health led a Series A+ strategic investment in Chromai Technologies to bolster capabilities in high-end scientific instrumentation such as ultra-high-performance liquid chromatography systems.