Core Viewpoint - The stock of Sino Medical Technology Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price drop of 30% over two consecutive trading days on August 7 and August 8, 2025 [1][2]. Group 1: Abnormal Trading Fluctuation - The stock trading of Sino Medical on August 7 and August 8, 2025, showed a cumulative closing price drop of 30%, qualifying as an abnormal trading fluctuation according to the Shanghai Stock Exchange regulations [1][2]. - The company conducted a self-examination and confirmed that no significant media reports or market rumors could impact the stock price, and there are no undisclosed major information affecting the trading price [1][3]. Group 2: Company Disclosures - The company previously disclosed that its new drug-eluting stent system received conditional approval from the FDA on July 22, 2025, and a subsidiary's product received breakthrough medical device certification from the FDA on August 7, 2025 [1][3]. - The company has not identified any need to correct or supplement previously disclosed information, and its normal production and operation status remains unaffected [1][3][4]. Group 3: Shareholder and Control Information - The company confirmed that its controlling shareholders and actual controllers do not have any major matters that could influence the abnormal trading fluctuation, including significant asset restructuring or debt restructuring [2][3].

Core Viewpoint - The brain-computer interface (BCI) sector is experiencing significant growth in the A-share market, with the BCI index reaching a historical high, indicating a promising future for the industry [2][3]. Industry Overview - The BCI technology is seen as a new frontier, with applications in medical fields such as disease warning, diagnosis, treatment, and functional enhancement, as well as in non-medical sectors like consumer and industrial applications [5][6]. - The global market for BCI medical applications is projected to reach $40 billion by 2030 and $145 billion by 2040, highlighting the substantial growth potential in this sector [5]. Company Developments - Several companies, including Sainuo Medical, Guangdian Co., and Shangrong Medical, have seen their stock prices surge, with multiple stocks hitting the daily limit up [3]. - Companies like Lide Man and Botuo Bio have reported significant gains, with Lide Man increasing over 11% and Botuo Bio rising by 10% [3]. - Sanbo Brain Science has completed an interventional BCI trial, showcasing China's innovation capabilities in this field and marking a significant step in treating movement disorders [3]. Strategic Initiatives - Chengyitong has established a dual-track strategy focusing on both invasive and non-invasive BCI technologies, aiming to integrate existing rehabilitation devices with BCI [4]. - Yanshan Technology's subsidiary has developed a brain-computer interface system that has demonstrated excellent performance in clinical trials, indicating advancements in the technology [5]. Policy Support - The Chinese government has been actively promoting the BCI industry through various policies, with multiple regions releasing action plans to accelerate development [6]. - The Ministry of Industry and Information Technology has outlined goals for the BCI sector over the next five years, aiming for breakthroughs in key technologies and the establishment of a robust industrial ecosystem by 2030 [6][7]. Market Challenges and Opportunities - The BCI industry faces challenges in making technology affordable for the general public, with current rehabilitation robots costing around 1 million yuan, which is still considered expensive [7][8]. - The integration of BCI technologies into medical insurance reimbursement lists is seen as a critical step for commercial viability and wider adoption [8].

Core Viewpoint - The brain-computer interface (BCI) industry is expected to experience significant growth, with 2023 being a pivotal year for its development and application across various sectors [2][8]. Group 1: Market Performance - The BCI concept stocks have seen a strong rally, with several companies like Sainuo Medical, Guangdian Co., and Shangrong Medical hitting their daily price limits [4]. - Notable stock performances include Lide Man and Botuo Bio, which rose over 11%, and Meilan De, which increased by 10% [4]. Group 2: Technological Advancements - BCI technology connects the brain with external devices for information exchange, showing promise in medical fields such as disease diagnosis and treatment [6]. - Significant advancements have been made in BCI technology, particularly in biomedical applications, neuro-rehabilitation, and intelligent robotics [6]. Group 3: Industry Outlook - According to McKinsey, the global market for BCI medical applications is projected to reach $40 billion by 2030 and $145 billion by 2040 [7]. - The Chinese BCI industry, although starting late, is rapidly developing, with multiple policies introduced since 2025 to support its growth [9][10]. Group 4: Policy Support - Recent government initiatives aim to accelerate the commercialization of BCI technology, with specific action plans released by cities like Beijing and Shanghai [9][10]. - The Ministry of Industry and Information Technology and other departments have set ambitious goals for the BCI industry over the next five years, focusing on technological breakthroughs and establishing a robust industrial ecosystem [10]. Group 5: Application Areas - The BCI industry has two primary application areas: serious medical applications, such as rehabilitation for stroke and spinal injury patients, and consumer applications addressing issues like sleep disorders [11]. - A significant challenge for the industry is to reduce costs, making BCI technologies more accessible to the general public [11][12].

赛诺医疗科学技术股份有限公司 关于股票交易异常波动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 证券代码：688108 证券简称：赛诺医疗 公告编号：2025-032 重要内容提示： 2、经书面问询公司控股股东天津伟信阳光企业管理咨询有限公司、实际控制人孙 箭华先生及其一致行动人天津阳光广业企业管理合伙企业（有限合伙）、天津阳光德业 企业管理合伙企业（有限合伙）、天津阳光永业企业管理合伙企业（有限合伙）、天津 阳光福业企业管理合伙企业（有限合伙）以及孟蕾女士、孙燕麟女士，截至本公告日， 公司控股股东、实际控制人及其一致行动人不存在影响公司股票交易异常波动的重大 事项，不存在其他应披露而未披露的重大信息，包括但不限于重大资产重组、发行股 份、上市公司收购、债务重组、业务重组、资产剥离和资产注入等重大事项。 3、经自查，公司于 2025 年 7 月 22 日发布了《赛诺医疗关于公司新型药物洗脱支 架系统获得美国 FDA 附条件批准的自愿性披露公告》（公告编号：2025-029），于 2025 年 7 月 25 日发布 ...

Core Viewpoint - The medical device industry experienced a slight increase of 0.93% on August 8, with a net outflow of 611 million yuan in main capital, indicating a mixed performance among constituent stocks [1] Group 1: Market Performance - A total of 59 constituent stocks rose while 39 fell, reflecting a generally positive sentiment despite the capital outflow [1] - The main capital outflow was led by Anbiping with 11.75 million yuan, followed by Dongfulong with 10.71 million yuan, and Anjiasi with 9.95 million yuan [1] Group 2: Notable Stocks - Mindray Medical (code: 300760) had a latest price of 230.71 yuan with a slight decrease of 0.03% and a net inflow of 107 million yuan, accounting for 7.18% of the main capital [1] - Lepu Medical (code: 300003) saw a price of 17.27 yuan, an increase of 6.93%, with a net inflow of 107 million yuan, representing 5.73% of the main capital [1] - Meihua Medical (code: 300136) reported a price of 20.03 yuan, up by 7.17%, with a net inflow of 559.96 million yuan, which is 11.04% of the main capital [1] - Kangdelai (code: 603987) had a price of 9.23 yuan, increasing by 5.73%, with a net inflow of 485.15 million yuan, making up 12.43% of the main capital [1] - Other notable stocks include Baikang (code: 688068) with a price of 42.58 yuan and a net inflow of 394.93 million yuan, and Sainuo Medical (code: 688108) with a price of 20.44 yuan, up by 20.02%, and a net inflow of 2762.62 million yuan [1]

Group 1 - The brain-computer interface sector experienced significant gains today, with companies like Sino Medical and Guangdian Co. hitting the daily limit, and Lepu Medical rising over 8% [1] - The Ministry of Industry and Information Technology, along with six other departments, issued the "Implementation Opinions on Promoting the Innovative Development of the Brain-Computer Interface Industry" [1] - According to Zhongtai Securities, the brain-computer interface sector is receiving strong policy support, entering an accelerated growth phase, with non-invasive products expected to commercialize more quickly under this support [1] Group 2 - Zhongtai Securities highlights that implantable devices are likely to provide technical support for high-precision medical scenarios due to their higher signal resolution and operational precision [1] - Xiangcai Securities notes that as a cutting-edge technology in the medical field, the applications of brain-computer interfaces will gradually be implemented in areas such as state detection, disease rehabilitation, and skill replacement [1] - Companies actively investing in brain-computer interface technology are recommended for attention [1]

Market Overview - The Hong Kong stock market indices experienced declines, with the Hang Seng Index down by 98.39 points or 0.39%, closing at 24,983.24 [3] - Notable declines were observed in companies such as SMIC and Kingdee International, both dropping over 4% [4] Sector Performance - The commercial aerospace sector continued its strong performance, with significant gains in stocks like Aerospace Intelligent Equipment, which hit a 20% limit up, and other companies such as Shanghai Huguang and Aerospace Science and Technology also reaching their daily limits [5][6] - The brain-computer interface sector showed volatility but trended upwards, with stocks like Sainuo Medical achieving a 20% limit up, alongside gains in Innovative Medical and Optical Electric [8][10] - Other sectors such as power generation equipment, gas, and precious metals saw positive performance, while AI application sectors, including intelligent agents and software, faced declines [2] Notable Stocks - SMIC's current price is 50.50, down 4.72%, with a market capitalization of 494.6 billion [4] - Kingdee International is priced at 17.86, down 4.54%, with a market cap of 63.4 billion [4] - Sainuo Medical reached a price of 20.44, up 20.02%, with a market cap of 85.17 billion [10] - Aerospace Intelligent Equipment is priced at 21.42, up 20%, with a market cap of 15.4 billion [6] Policy and Industry Development - The Ministry of Industry and Information Technology and six other departments issued guidelines to promote the brain-computer interface industry, setting development goals for 2027 and 2030, and outlining five key tasks and 17 specific measures to foster high-quality development in this sector [10][11]

Group 1: A-share Market Performance - The A-share market experienced narrow fluctuations, with the Shanghai Composite Index slightly increasing by 0.07% and the Shenzhen Component Index rising by 0.14% [2] - The brain-computer interface (BCI) concept sector saw significant gains, with the Wind BCI Index rising over 3% during trading [5][6] - Notable stocks in the BCI sector included Sino Medical, which hit a 20% limit up, and other companies like Optoelectronics and Lepu Medical also saw substantial increases [5][6] Group 2: Brain-Computer Interface Industry Insights - The Ministry of Industry and Information Technology and other governmental bodies released an implementation opinion to promote the high-quality development of the BCI industry [6][7] - The implementation opinion emphasizes the integration of biological intelligence and machine intelligence, aiming for breakthroughs in key technologies by 2027 [7] - The BCI sector is positioned as a critical area for technological and industrial innovation, with expectations for a robust production and standards system [7] Group 3: New Stock Listings - Two new stocks were listed on the A-share market, both experiencing significant price increases, with Youli Intelligent rising over 300% and Tianfulong increasing by over 240% during trading [8][10] - Youli Intelligent specializes in photovoltaic support structures, while Tianfulong focuses on differentiated polyester short fibers and new materials for solar panel protection [9][12] Group 4: Hong Kong Market Performance - The Hong Kong market showed a lackluster performance, with the Hang Seng Index falling below the 25,000-point mark [13] - Among the constituents, stocks like Kowloon Warehouse and SMIC saw notable declines, while companies such as CSPC Pharmaceutical and China Hongqiao led the gains [14] - Dongfeng Group's shares surged by over 14% despite a profit warning indicating a significant expected decline in net profit for the first half of the year [15]

Core Viewpoint - The A-share market experienced a slight fluctuation with the brain-computer interface (BCI) concept rising significantly, becoming one of the main highlights of the market on August 8 [1][3]. A-share Market Performance - The A-share market showed narrow fluctuations, with the Shanghai Composite Index initially declining but later recovering slightly. By noon, the Shanghai Composite Index rose by 0.07%, the Shenzhen Component increased by 0.14%, and the ChiNext Index gained 0.21% [4]. - The net capital inflow and performance of major indices were as follows: - Shanghai Composite Index: 3642.10 (+0.07%) - Shenzhen Component: 11173.87 (+0.14%) - ChiNext Index: 2347.83 (+0.21%) [5]. Brain-Computer Interface Sector - The brain-computer interface concept sector saw a significant increase, with the Wind BCI Index rising over 3% during trading. Notable stocks included: - Sainuo Medical: +20% (limit up) - Optoelectronics: +10.02% (limit up) - Lepu Medical: +8.48% - Meihua Medical: +7.54% - Innovation Medical: +6.93% [6][7]. - The Ministry of Industry and Information Technology, along with other governmental bodies, released an implementation opinion aimed at promoting the innovative development of the brain-computer interface industry, highlighting its potential for high-quality growth and technological breakthroughs by 2027 [8]. New Stock Listings - Two new stocks were listed on the A-share market, both experiencing significant gains. Yuli Intelligent saw a peak increase of over 300% during trading [9]. - Yuli Intelligent specializes in photovoltaic support structures, which are essential components for solar power plants [10][11]. - Tianfulong, another new listing, focuses on differentiated polyester short fibers and has a strong emphasis on R&D, holding over 100 patents [12][13]. Hong Kong Market Performance - The Hong Kong market showed a lackluster performance, with the Hang Seng Index falling below the 25,000-point mark. Notable declines were seen in stocks like Wharf Real Estate and SMIC, while stocks such as CSPC Pharmaceutical and China Hongqiao led the gains [14][15][16]. - Dongfeng Group's shares surged over 14% despite a profit warning indicating a potential 90% to 95% decline in net profit for the first half of the year compared to the previous year [17].

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index down by 0.01% and the Shenzhen Component Index up by 0.01% as of the morning of August 8 [3][4] - The commercial aerospace sector continues to show strength, while the brain-computer interface sector is experiencing fluctuations [5][9] Sector Performance - The commercial aerospace concept stocks maintained their strong performance, with notable gains in satellite internet, wind power generation, and brain-computer interface sectors [5][6] - The AI application sectors, including intelligent systems, internet, and software, are undergoing adjustments with collective declines [5][6] Notable Stocks - In the commercial aerospace sector, stocks such as Aerospace Intelligent Equipment and Aerospace Science & Technology reached their daily limit up, with gains of 20% and 10.03% respectively [10][11] - The brain-computer interface sector saw significant increases, with Sino Medical achieving a 20% limit up [16][17] Policy and Future Outlook - The Ministry of Industry and Information Technology and six other departments issued guidelines to promote the brain-computer interface industry, setting development goals for 2027 and 2030, and outlining five key tasks and 17 specific measures [18] - The brain-computer interface technology is in a period of rapid transformation, with expectations for significant market expansion as domestic companies move towards commercialization [18] Hong Kong Market - The Hong Kong market saw all three major indices decline, with notable drops in stocks like SMIC and Kingdee International, both falling over 4% [7][8]