Core Viewpoint - Alma Lasers Ltd. has entered into a strategic partnership with renowned skincare expert Jamie Sherrill to enhance consumer engagement and solidify its leadership in high-end aesthetic technology [1] Group 1: Strategic Partnership - The partnership aims to leverage Jamie Sherrill's influence in the aesthetic field to promote Alma's flagship equipment platforms, including Alma Harmony and Opus series [1] - Jamie Sherrill will lead global promotional activities to increase the brand's global recognition and accelerate market penetration of Alma's aesthetic solutions [1] Group 2: Market Impact - The collaboration is expected to enhance consumer awareness of Alma's high-end solutions and create stronger demand for global clinic partners, opening new growth opportunities [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 （ 於 以 色 列 註 冊 成 立 的 有 限 公 司 ） （股份代號：1696） 自願公告 本公告乃由復銳醫療科技有限公司（「本公司」）自願發佈。 Sisram Medical Ltd 復䢇醫療科技有限公司* 本公司欣然宣佈，本公司全資附屬公司，專注於能量源醫美設備美學解決方案提 供商，Alma Lasers Ltd.（「Alma」）與國際知名皮膚護理專家、企業家及醫美領域 廣受認可的國際意見領袖Jamie Sherrill（「Nurse Jamie」）達成戰略合作。此次合作 標誌著Alma在提高消費者互動，鞏固其高端美學技術領導地位的戰略部署中邁出 重要一步。 股東及投資者於買賣本公司證券時務請審慎行事。 代表董事會 Sisram Medical Ltd 復銳醫療科技有限公司* 主席 劉毅 Jamie Sherrill是一名專注美學領域的註冊護士，憑藉循證醫學理念和創新治療方 案，在線上擁有廣泛的影 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Sisram Medical Ltd 復銳醫療科技有限公司* 呈交日期: 2025年9月3日 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01696 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 468,343,092 | | 0 | | 468,343,092 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 468,343,092 | | 0 | | 468,343,092 | ...

Core Viewpoint - The company reported its 1H25 performance, which met expectations despite a slight decline in overall revenue, with specific growth in non-North American markets [1][2]. Revenue Performance - Total revenue for 1H25 was $165 million, a year-on-year decrease of 1.9% [1]. - Revenue by region showed robust growth outside North America, with Asia-Pacific revenue at $65.82 million (YoY +17.6%), North America at $56.60 million (YoY -15.6%), Europe at $23.83 million (YoY -0.8%), Middle East and Africa at $13.91 million (YoY -9.7%), and Latin America at $5.32 million (YoY -15.8%) [1]. Business Segments - Medical aesthetics revenue for 1H25 was $138 million, down 7.8%, primarily due to economic challenges in North America and the Middle East and Africa [2]. - Injection filler revenue surged to $14.38 million, reflecting a 218.1% increase, driven by expanded sales regions and direct sales networks [2]. - Service and other revenue decreased to $13.40 million, down 9.9% [2]. Product Pipeline and Commercialization - The company is expanding its product pipeline, with expectations for the commercialization of DaxibotulinumtoxinA (long-acting botulinum) in mainland China in the second half of the year [2]. - The company launched Universkin by Alma, the world's first AI-assisted personalized skincare system, which has seen rapid uptake in the U.S. market [2]. Profit Forecast and Valuation - Due to revenue pressures in certain overseas markets, the company has revised its adjusted net profit forecasts for 2025 and 2026 down by 24.3% and 19.8% to $36.05 million and $41.49 million, respectively [2]. - The current stock price corresponds to adjusted P/E ratios of 9.6x and 8.3x for 2025 and 2026, with a target price maintained at HKD 6.00, implying a potential upside of 5.3% [2].

Investment Rating - The report maintains a "Buy" rating for the company [3][9][17] Core Views - The company's performance is temporarily under pressure due to external factors, particularly in North America, but there is optimism for recovery as the innovation pipeline progresses [3][16] - Revenue for H1 2025 was reported at $165 million, a slight decrease of 1.93% year-on-year, with adjusted net profit down 28.13% to $11.97 million [12][13] - The company is expected to see revenue growth from $395 million in 2025 to $530 million by 2027, with corresponding net profits increasing from $31.5 million to $57.39 million [3][11][17] Summary by Sections Financial Performance - H1 2025 revenue breakdown: - Asia-Pacific: $66 million (+17.64%), contributing 39.78% of total revenue - North America: $57 million (-15.56%), contributing 34.20% - Europe: $24 million (-0.84%), contributing 14.40% - Middle East & Africa: $14 million (-9.72%), contributing 8.41% - Latin America: $5 million (-15.83%), contributing 3.21% [2][13] - Medical aesthetics revenue was $138 million (-7.79%), while injection filling revenue surged to $14 million (+218.15%) [2][13] Cost and Profitability - The company's gross margin for H1 2025 was 60.04%, down 2.38 percentage points, with adjusted net profit margin at 7.23% [15] - Management expenses increased, leading to a slight rise in expense ratios, with total expenses at $11.97 million [14][15] Future Outlook - The energy source equipment business is expected to stabilize and grow as external conditions improve, with new product launches planned for H2 2025 [16][17] - The long-acting botulinum toxin product is anticipated to launch by the end of 2025, which could significantly enhance market recognition and sales [3][17]

Core Viewpoint - Furuya Medical Technology (01696) has launched the PixelPeel safe laser skin rejuvenation treatment to meet the growing demand for safe, effective, and short-recovery skin renewal procedures [1] Group 1: Product Launch - The PixelPeel treatment has been introduced in North America and is planned for gradual global rollout [1] - PixelPeel utilizes clinically recognized gold standard laser energy combined with pixel-level precision and Alma's proprietary MotionSync technology to ensure a safe, uniform, and controllable treatment process [1] Group 2: Target Audience and Benefits - The treatment is suitable for both first-time users and individuals seeking long-term skin maintenance [1] - PixelPeel offers effective clinical results with a short recovery period and is applicable to various skin types [1] Group 3: Market Impact - The company believes that PixelPeel will provide advanced treatment options that meet current market demands, offering a more convenient and efficient skin care experience [1] - The comprehensive application of PixelPeel in Alma Pixel and Alma Hybrid devices aims to expand market coverage and enhance the purchase and usage rates of these devices [1]

Core Viewpoint - The company has launched the PixelPeel™ safe laser skin rejuvenation treatment to meet the growing demand for safe, effective, and short-recovery skin renewal procedures, initially debuting in North America with plans for global expansion [1] Group 1: Product Details - PixelPeel™ utilizes clinically recognized gold standard laser energy combined with pixel-level precision and Alma's proprietary MotionSync™ technology to ensure a safe, uniform, and controllable treatment process [1] - The treatment effectively improves skin texture, tone, and brightness, making it suitable for both first-time users and those seeking long-term skin maintenance [1] - The solution offers high clinical efficacy with a short recovery period and is applicable to various skin types [1] Group 2: Market Impact - The company believes that PixelPeel™ will provide advanced treatment options that align with current market demands, offering a more convenient and efficient skin care experience for medical institutions and consumers [1] - The comprehensive application of PixelPeel™ in Alma Pixel™ and Alma Hybrid devices aims to expand the market coverage of existing equipment systems, thereby increasing procurement and usage rates [1]

公司相信，PixelPeel能为医疗机构及求美者提供符合当下市场需求的先进疗程，带来更便捷、更高效的 肌肤护理体验。PixelPeel全面应用于Alma Pixel及Alma Hybrid设备，开创全新治疗方案，进一步拓展现 有设备系统的市场覆盖范围，并提升设备的采购率与使用率。 复锐医疗科技(01696)发布公告，推出PixelPeel安全激光焕肤治疗方案，旨在满足对安全、有效且恢复期 短的皮肤焕新疗程日益增长的需求，并全面运用在新一代Alma Pixel及Alma Hybrid设备系统中。该方案 已于北美首发，并计划逐步推向全球市场。 PixelPeel运用临床公认的黄金标准激光能量，结合像素级精准度，并搭载Alma专利MotionSync技术，确 保治疗过程安全、均匀且可控，有效改善肌肤纹理、肤色与透亮度。 该方案不仅适合首次接受治疗的求美者，也同样适合进行长期皮肤维养的人群。PixelPeel在提供高效临 床效果的同时，恢复期短，且适用于各类肤质。 ...

Core Viewpoint - The company has launched the PixelPeel™ safe laser skin rejuvenation treatment to meet the growing demand for safe, effective, and short recovery skin renewal procedures, initially introduced in North America with plans for global expansion [1] Group 1: Product Details - PixelPeel™ utilizes clinically recognized gold standard laser energy combined with pixel-level precision and Alma's proprietary MotionSync™ technology to ensure a safe, uniform, and controllable treatment process [1] - The treatment effectively improves skin texture, tone, and brightness, making it suitable for both first-time users and those seeking long-term skin maintenance [1] - The solution offers high clinical efficacy with a short recovery period and is applicable to various skin types [1] Group 2: Market Impact - The company believes that PixelPeel™ will provide advanced treatment options that align with current market demands, offering a more convenient and efficient skin care experience for medical institutions and consumers [1] - The comprehensive application of PixelPeel™ in Alma Pixel™ and Alma Hybrid devices aims to create a new treatment solution, further expanding the market coverage of existing device systems and enhancing their purchase and usage rates [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Sisram Medical Ltd 復䢇醫療科技有限公司* （ 於 以 色 列 註 冊 成 立 的 有 限 公 司 ） （股份代號：1696） 自願公告 本公告乃由復銳醫療科技有限公司（「本公司」）自願發佈。 本公司欣然宣佈推出PixelPeel™安全激光煥膚治療方案（「該方案」），旨在滿足對 安全、有效且恢復期短的皮膚煥新療程日益增長的需求，並全面運用在新一代 Alma Pixel™及Alma Hybrid設備系統中。該方案已於北美首發，並計劃逐步推向 全球市場。 於本公告日期，本公司董事會成員包括執行董事劉毅先生及Lior Moshe DAYAN 先生及李家宏先生；非執行董事吳以芳先生及馮蓉麗女士；獨立非執行董事方香 生先生、陳志峰先生、陳怡芳女士及廖啟宇先生。 PixelPeel™運用臨床公認的黃金標準激光能量，結合像素級精準度，並搭載Alma 專利MotionSync™技術，確保治療過程安全、 ...