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There's Reason For Concern Over Contec Medical Systems Co.,Ltd's (SZSE:300869) Massive 27% Price Jump
Contec Medical Systems: Will increase layout efforts in Africa, and multiple in-vitro diagnostic products are expected to be registered within the year.|Focus on the earnings conference
① The decline in performance in the first half of the year is attributed to a reduction in orders due to downstream customers destocking and a high base from the previous year; ② Currently, bulk production of zirconia ceramic blocks for all-ceramic dentures has been achieved, and multiple ex vivo diagnostic products have entered the late stage of development, with registration expected to be completed within the year; ③ The company has made market breakthroughs in several countries in Africa and will continue to focus on the African market, increasing product distribution and marketing efforts.
Contec Medical Systems (300869.SZ): Multiple in vitro diagnostic products have completed prototype design and preliminary testing, entering the later stage of development.
ConTec Medical Systems (300869.SZ) held a performance briefing on September 12, 2024, regarding the progress of the R&D center in Changsha. The company stated that the Changsha R&D center obtained domestic medical instrument registration certificates and launched 9 products, including zirconia ceramic blocks for all-ceramic dentures, blood glucose and uric acid meters, as well as blood glucose and uric acid cholesterol meters, blood glucose test strips, and early pregnancy test strips, which are currently on the market. Mass production of zirconia ceramic blocks for all-ceramic dentures has been achieved. In addition, several in-vitro diagnostic products have completed prototype design and initial testing, entering the late stage of R&D, and are expected to be launched later this year.
Contec Medical Systems (300869.SZ): The zirconia ceramic blocks for an all-ceramic denture have been produced and sold in small batches.
Gelonghui on September 12th, contec medical systems (300869.SZ) held a performance briefing on September 12, 2024, and responded to the question: 'Has your company's zirconia products been mass-produced, and have there been any major customers forming a global strategy partnership? Will it have a positive impact on this year's sales?' The company stated that zirconia ceramic block products for all-ceramic dentures are one of the new business areas actively developed by the company. The products have been produced and sold in small quantities, and are in the early stage of market development. Several dealers from multiple countries and regions have inquiries and are interested in cooperation.
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