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JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares - ZJYL STOCK NEWS

Welcome to our dedicated page for JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares news (Ticker: ZJYL), a resource for investors and traders seeking the latest updates and insights on JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares stock.

Jin Medical International Ltd. (NASDAQ: ZJYL) is a renowned provider of rehabilitation equipment, specializing in the design, development, manufacturing, and sales of wheelchair and other living aids products for individuals with disabilities or impaired mobility. Established in 2006 and headquartered in Changzhou City, Jiangsu Province, China, JinMed has grown to operate two manufacturing plants spanning approximately 228,257 square feet.

The Company's extensive product lineup includes wheelchairs, bath products, oxygen machines, nursing products, and conlo products, distributed across China and international markets. JinMed's innovative wheelchair designs, which boast features such as being lightweight and ergonomic, have made significant inroads in Japan and China, including partnerships with major distributors like Nissin Medical Industries Co., Ltd.

JinMed's commitment to innovation is evident in their continuous R&D efforts. The company recently secured an invention patent and four utility model patents for its nanothermal therapy products. These products, which include a medical nanobathing care bed and a spray head mechanism, revolutionize the bathing experience by promoting natural perspiration, enhancing metabolism, and providing antibacterial and deodorizing effects, all while being environmentally sustainable and energy-efficient.

In a strategic move to diversify its portfolio, JinMed has ventured into the beauty products sector, collaborating with Japanese manufacturer MIYAKO. This partnership has led to the development of groundbreaking products such as facial management equipment, slimming fat burning equipment, and health management equipment, which have already garnered significant market interest.

Financially, JinMed has shown resilience and growth, especially following the relaxation of China's Zero-COVID policy. The company's revenue has seen a boost from the introduction of shared wheelchair-related products in Chinese hospitals. JinMed's recent listing on the Nasdaq Capital Market further underscores its robust market position and growth potential.

The Company maintains relationships with over 60 distributors globally and continues to leverage technological innovation to expand its market share and improve performance. With a strong foundation in research and development, JinMed remains dedicated to providing safe, comfortable, and convenient products for socially disadvantaged groups.

For more information, please visit: http://www.zhjmedical.com.

Rhea-AI Summary

JIN MEDICAL INTERNATIONAL (NASDAQ: ZJYL), a leader in Assistive Technologies (AT) and manufacturer of wheelchairs and living aids, has announced the start of construction for its new manufacturing facility in Chuzhou City, Anhui Province, China. The facility, operated by JinMed (Anhui) Co., , will be an internationally standardized, innovative, and high-end wheelchair manufacturing plant.

The new facility is expected to strengthen JinMed's position in the AT industry with higher-level production lines and more innovative products. Targeted to operate in 2025, it will expand capacity for manual wheelchairs and introduce production lines for electric wheelchairs, electric scooters, micro hyperbaric chambers, and scientific cosmetic products.

CEO Wang Erqi stated that this development marks a major milestone for JinMed, aligning with their goal of 'global technology for the benefit of mankind' and demonstrating the company's commitment to industry leadership.

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JIN MEDICAL INTERNATIONAL LTD. (NASDAQ: ZJYL) has signed a preliminary MOU with Jiangsu Zhongjin Kanglu Information Technology Co., Ltd. to potentially acquire all or a partial stake in Zhongjin Kanglu, a company engaged in the medical equipment sharing business. The due diligence process is expected to be completed by December 31, 2023, with detailed negotiations for the potential acquisition commencing from March 2024.
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JIN MEDICAL INTERNATIONAL LTD. (NASDAQ: ZJYL) announces the selection of its portable nano-thermal therapy bath for the 'Lao Le Hui' Assisted Bathing Project in Shanghai, aiming to provide compassionate care to disabled or semi-disabled elderly individuals. The Project plans to serve 100,000 individuals and train 2,000 bathing attendants over two years. JinMed will provide 1,000 sets of bath equipment and auxiliary medical devices to support the initiative, potentially leading to further commercialization of its bath products.
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JIN MEDICAL INTERNATIONAL LTD. (NASDAQ: ZJYL) has secured orders of RMB 66 million for its innovative Micro-Hyperbaric Oxygen Chamber equipment, demonstrating trust from business partners. These chambers are designed for optimal therapeutic benefits, with Conlo Industrial Development (Shanghai) CO., LTD. placing substantial orders for 200 units of each chamber type. Anticipating robust demand, Conlo plans to deploy 10,000 oxygen chambers for humans and pets exclusively sourced from JinMed in the Chinese market over the next three years.
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Jin Medical International received a notification from NASDAQ stating that it no longer complies with the minimum 300 public holders requirement for continued listing. The company has 45 days to submit a plan to regain compliance. If accepted, they may be granted an extension of up to 180 days to evidence compliance.
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Jin Medical International expands into manufacturing lifestyle beauty products, collaborating with MIYAKO to develop three groundbreaking products. 600 orders received, demonstrating market recognition and trust.
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Jin Medical International Limited announces financial results for the six months ended March 31, 2023.
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Jin Medical International Limited (NASDAQ: ZJYL) celebrated its official listing on the New York Stock Exchange. The company, a leading provider of rehabilitation equipment, focuses on R&D and manufacturing high-end products for socially disadvantaged groups. It aims to prioritize technological innovation and expand its market share through continuous product development.
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FAQ

What is the current stock price of JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL)?

The current stock price of JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL) is $0.86 as of December 20, 2024.

What is the market cap of JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL)?

The market cap of JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares (ZJYL) is approximately 133.0M.

What does Jin Medical International Ltd. specialize in?

JinMed specializes in the design, development, manufacturing, and sales of wheelchairs and other living aids products for individuals with disabilities or impaired mobility.

Where is Jin Medical International Ltd. headquartered?

JinMed is headquartered in Changzhou City, Jiangsu Province, China.

What recent achievements has Jin Medical International Ltd. accomplished?

JinMed recently secured an invention patent and four utility model patents for its nanothermal therapy products and expanded into the beauty products sector through a collaboration with Japanese manufacturer MIYAKO.

Which markets does Jin Medical International Ltd. operate in?

JinMed operates in both Chinese and international markets, maintaining relationships with over 60 distributors globally.

What are some of the products offered by Jin Medical International Ltd.?

JinMed offers wheelchairs, bath products, oxygen machines, nursing products, and conlo products, among others.

How has Jin Medical International Ltd. performed financially recently?

Following the relaxation of China's Zero-COVID policy, JinMed has seen a recovery in business operations and revenue growth, particularly from shared wheelchair-related products.

What is the significance of Jin Medical International Ltd.'s recent Nasdaq listing?

JinMed's Nasdaq listing underscores its robust market position and growth potential.

Who are some of Jin Medical International Ltd.'s key partners?

JinMed partners with major distributors like Nissin Medical Industries Co., Ltd. in Japan and other global markets.

What sets Jin Medical International Ltd.'s nanothermal therapy products apart?

JinMed's nanothermal therapy products promote natural perspiration, enhance metabolism, and offer antibacterial and deodorizing effects, using minimal water and energy, making them environmentally sustainable.

What future plans does Jin Medical International Ltd. have?

JinMed plans to continue expanding its product portfolio, enhancing its market share, and improving performance through ongoing research and development innovations.

JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares

Nasdaq:ZJYL

ZJYL Rankings

ZJYL Stock Data

133.05M
37.82M
75.84%
1.15%
0.6%
Medical Instruments & Supplies
Healthcare
Link
United States of America
Changzhou