Home Tianxing Medical Files for Hong Kong IPO, Leading China's Domestic Sports Medicine Sector with Strong Revenue Growth

Tianxing Medical Files for Hong Kong IPO, Leading China's Domestic Sports Medicine Sector with Strong Revenue Growth

Aug 28, 2025 07:00 CST Updated 07:00
Star

Provider of Comprehensive Clinical Solutions in Sports Medicine

Restor3d

3D Printing Implant Supplier


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01

Regulatory Policies and Bidding


NMPA: Innovative Medical Devices Approved This Year52 items

NMPA Focuses on Medical Robotics, Advanced Medical Imaging, and Other Fields,2025 Innovative products approved in [Year]52 , cumulative approvals367 Photon Counting by Neusoft MedicalCTUnited Imaging Healthcare's similar products have been approved, and the next step will be to encourage the global product's first launch in China.


The Third Branch of Beijing Municipal Medical Products Administration (MPA) jointly organized with Beijing Medical Device Innovation Service StationQ3 2025Instrument Cloud Classroom” Training

Training on the classification of medical devices, in vitro diagnostic reagents, and software registration requirements. 500 Ginseng Training Helps Improve the Quality and Efficiency of Enterprise Registration and Declaration.


Zhejiang Provincial Medical Insurance Bureau: Non-invasive brain-computer interface fitting fees included in the scope of basic medical insurance payments

Self 2025 YearMonthStarting from the date, the fitting fee for non-invasive brain-computer interfaces will be included in Category B of the medical insurance projects, with individuals paying out-of-pocket first.10%, payable only when installing or replacing a smart bionic prosthesis.



02

Enterprise Dynamics


Carna Health and Siemens Healthineers Announce Collaboration to Expand Kidney Disease Treatment

Combination of Both Parties' Cooperation AI Platform and Global Diagnostic Infrastructure, Strengthening in Emerging MarketsCKD Early detection and management, planned to2030 Annual Global Recruitment2500 10,000 People Participate in Screening Program.


Intuitive Surgical to Cut Jobs331 people

Intuitive Surgical Planned layoffs due to the production department stopping night shifts and weekend rotations331 People, including positions such as assembly technicians and manufacturing leaders, are encouraged to apply for internal vacant positions.


Star Medical Submits Listing Application to HKEX

On August 26, Star Sports Medicine Co., Ltd. submitted an application for listing on the Main Board of the Hong Kong Stock Exchange. According to data from CIC Consulting,Star Medical 2024 Annual sales revenue ranks first among China-produced sports medicine companies.2022-2024 Annual income from1.47 Increased to billions3.27 Hundreds of millions, in addition, research and development investment has also been continuously increased.


American Orthopedics3D Printing Company Restor3d Secures $104 Million in Financing

Partners Group Led the investment, funds used for the research and development of personalized orthopedic implant products, itsVeritas Reverse Shoulder System,iTotal Identity Total Knee System, etc. have been approvedFDA Approve or advance the approval.


New Industry, Semi-Annual Revenue2.185 billion

2025 Revenue for the first half of the year21.85 100 million yuan (year-on-year- 1.18%),Net Profit7.71 100 million yuan (year-on-year- 14.62%), Overseas Business Growth19.57%, In China, the short-term pressure is affected by the volume-based procurement and the reform of medical insurance payment.



03

Medicare-related


Dalian3 Months, 520 Institutions Refund

Dalian City, Second Quarter 520 Medical Institutions and Pharmacies Terminate Medical Insurance Agreements, Chain Pharmacies Account For74.8%The tightening of medical insurance supervision, the zero-markup sales of centrally procured drugs, and other policies have led to an increase in compliance costs for pharmacies, resulting in occurrences in multiple regions.Withdrawal Wave


That concludes the entire content of this news broadcast.


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