Developer and Manufacturer of Brain-Computer Interface Systems and Related Equipment
As of March 18, 2026, 10:13, the constituent stocks of the CSI Pharmaceutical and Medical Device Innovation Index (931484) showed mixed gains and losses,3SBioUp 6.11%,HaiscoIncrease by 1.06%,Nanwei MedicalIncrease by 0.35%;AimekLeading the decline. The latest quote for the Medical Innovation ETF (516820) is 0.36 yuan.
In terms of liquidity, the medical innovation ETF had a turnover rate of 0.58% during the trading session, with a trading volume of 10.6295 million yuan. Over a longer period, as of March 17, the medical innovation ETF averaged a daily trading volume of 51.0169 million yuan over the past year.
In terms of news, on March 17, the website of the National Medical Products Administration released the "Announcement on the Issuance of 26 Medical Device Industry Standards Including <Metal Bone Plates for Bone Joining Implants>." In addition, the National Medical Products Administration recently approved the innovative product registration application for the implantable brain-computer interface hand motor function compensation system from Neuracle Technology (Shanghai) Co., Ltd., marking the world's first market launch of a brain-computer interface medical device. This signifies that the world’s first invasive brain-computer interface medical device has entered the clinical application stage.
Open Source Securities pointed out that brain-computer interface, as a future industry identified in the "15th Five-Year Plan" outline, has received resource prioritization from the National Medical Products Administration (NMPA) during the product evaluation and approval process. Following the principles of "early involvement, tailored strategies for each enterprise, full-process guidance, and synchronized research and review," the NMPA provides pre-assessment services for innovative products, effectively expediting their market entry and significantly enhancing the international competitiveness of China’s high-end medical devices. The "Action Plan for Future Industry Development of Brain-Computer Interfaces (2025–2030)" issued by Shanghai explicitly aims to facilitate the completion of clinical trials for more than five invasive and semi-invasive products by 2027. With Neuracle being the first to break through and go public, we believe that companies such as Step Medical, Xinwei Medical, and Brain Technology also have the potential to accelerate type inspection and clinical trial processes, strengthening the synergistic effects within the brain-computer interface industrial cluster.
The Medical Innovation ETF closely tracks the CSI Pharmaceutical and Medical Device Innovation Index. The CSI Pharmaceutical and Medical Device Innovation Index selects 30 listed company securities with better profitability, certain growth potential, and R&D innovation capabilities from the pharmaceutical and healthcare industry's listed companies as index samples to reflect the overall performance of listed company securities in the pharmaceutical and medical device sectors that combine profitability and growth.
Data shows that as of February 27, 2026, the top ten weighted stocks of the CSI Pharmaceutical and Medical Device Innovation Index (931484) are respectivelyWuXi AppTec、Mindray Medical、Hengrui Medicine、Aier Eye Hospital、Pien Tze Huang、Xinhua、Huadong Medicine、Pharmaron、Ailis、Dong'e EjiaoThe top ten weighted stocks account for 63.75% in total.
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