登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002223 证券简称：鱼跃医疗 公告编号：2025-043 江苏鱼跃医疗设备股份有限公司 关于2023年度员工持股计划首次受让部分 第二个锁定期和预留受让部分第一个锁定期届满的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗漏。 江苏鱼跃医疗设备股份有限公司（以下简称"鱼跃医疗"或"公司"）于2023年9月12日召开第五届董事会 第二十五次临时会议和第五届监事会第十一次临时会议，于2023年9月28日召开2023年第一次临时股东 大会，审议通过了《江苏鱼跃医疗设备股份有限公司2023年度员工持股计划（草案）及其摘要》等相关 议案。具体内容详见公司于2023年9月13日和2023年9月29日披露在《证券时报》及巨潮资讯网 （www.cninfo.com.cn）上的相关公告。 公司2023年度员工持股计划（以下简称"本次员工持股计划"）首次受让部分第二个锁定期已于2025年11 月16日届满，预留受让部分第一个锁定期将于2025年11月19日届满，公司层面考核目标未达成，根据 《关于上市公司实施员工持股计划试 ...

证券代码：002223 证券简称：鱼跃医疗 公告编号：2025-043 江苏鱼跃医疗设备股份有限公司 关于 2023 年度员工持股计划首次受让部分 第二个锁定期和预留受让部分第一个锁定期届满的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 江苏鱼跃医疗设备股份有限公司（以下简称"鱼跃医疗"或"公司"）于 2023 年 9 月 12 日召开第五届董事会第二十五次临时会议和第五届监事会第十一次临 时会议，于 2023 年 9 月 28 日召开 2023 年第一次临时股东大会，审议通过了《江 苏鱼跃医疗设备股份有限公司 2023 年度员工持股计划（草案）及其摘要》等相 关议案。具体内容详见公司于 2023 年 9 月 13 日和 2023 年 9 月 29 日披露在《证 券时报》及巨潮资讯网（www.cninfo.com.cn）上的相关公告。 公司 2023 年度员工持股计划（以下简称"本次员工持股计划"）首次受让部 分第二个锁定期已于 2025 年 11 月 16 日届满，预留受让部分第一个锁定期将于 2025 年 11 月 19 日届满，公司层面考核目标未达成 ...

Core Insights - The annual "Double Eleven" shopping festival has seen a significant increase in e-commerce sales of Continuous Glucose Monitoring (CGM) devices, with a reported over 90% year-on-year growth in transaction value on JD.com since 2025 [2] - Medical device manufacturers are now viewing e-commerce platforms as ecosystem partners, moving beyond simple product sales to explore new health management service models [2][3] - A customized CGM device, the Yuyue Anai Sugar 5th generation, has been developed in collaboration with JD Health, integrating hardware advantages with digital services [2] Collaboration and Service Innovation - The partnership between Yuyue Medical and JD Health focuses on deep integration and customization to better serve consumer health management needs [3] - Users purchasing the customized CGM can book free home visits from JD nurses for professional guidance, covering 47 major cities with a response time of up to 1 hour [3] - The service includes personalized diabetes management plans from top-tier doctors and nutritionists, creating a comprehensive "monitoring-analysis-intervention-tracking" service system [3] Supply Chain Efficiency - Efficient supply chain collaboration is crucial for ensuring a positive consumer experience during the "Double Eleven" event [3] - JD Health and Yuyue Medical began preparations months in advance, utilizing historical sales data and market trends for intelligent forecasting and product placement [3] - Products manufactured at Yuyue's global industrial base are delivered through automated logistics channels to ensure timely and safe delivery to consumers [3] Brand Alignment and Future Directions - JD Health users have high expectations for quality and professionalism, aligning well with Yuyue's brand philosophy [4] - Yuyue aims to leverage JD Health's platform capabilities to accelerate the acceptance of its monitoring products and push towards the development of digital therapeutic devices [4]

Core Insights - The global diabetes patient population is projected to reach 589 million by 2024, with China having the highest number of patients aged 20-79 at 148 million, expected to rise to 168 million by 2050 [1][2] - Continuous Glucose Monitoring (CGM) technology is rapidly replacing traditional methods due to its accuracy and convenience, becoming a key growth area in diabetes management [1][3] Industry Overview - The domestic CGM market is divided into two main camps: imported brands like Abbott and domestic companies such as Sanofi and Yuyue Medical, which are competing by lowering costs and enhancing product differentiation [2][4] - The CGM market is expected to grow significantly, with a projected market size of 71.8 billion yuan by 2025 and a compound annual growth rate of 14.49% until 2032, reaching 185.2 billion yuan [3][4] Company Performance - Sanofi reported a revenue of 3.453 billion yuan in the first three quarters, an increase of 8.52%, with a net cash flow from operating activities of 537 million yuan, up 33.25% [4] - Yuyue Medical has invested 2.375 billion yuan in R&D from 2020 to 2024, with CGM products becoming a significant growth driver, achieving a revenue of 6.545 billion yuan in the first three quarters of 2025 [4][5] Technological Advancements - The integration of AI in CGM products is enhancing their capabilities, with Yuyue Medical's new Anytime series achieving global leading technical standards [5][6] - The CGM technology is evolving from simple monitoring to a comprehensive diabetes management system, enabling personalized interventions based on data analysis [6][9] Market Dynamics - Domestic CGM companies are rapidly gaining market share by offering products at 30%-50% lower prices than international competitors, aided by favorable healthcare policies [2][4] - The shift from low-cost market filling to comprehensive capability building is evident, with domestic firms focusing on both mid-range and high-end market segments [6][9] Challenges and Opportunities - Domestic CGM companies face challenges such as regulatory compliance and operational costs, particularly in decentralized healthcare settings [7][8] - There is a need for improved training and data integration in grassroots healthcare to enhance the effectiveness of CGM products [8][9] Future Outlook - The CGM market is poised for significant growth, driven by technological advancements and increasing demand for chronic disease management solutions [3][9] - The potential for Chinese CGM companies to transition from domestic players to global competitors hinges on overcoming regulatory hurdles and enhancing product capabilities [7][9]

11月13日，市委书记周红波在玄武区调研。他强调，玄武区要深入学习贯彻党的二十届四中全会 精神，高起点谋划"十五五"发展，走好特色发展之路，精准发力关键领域和细分赛道，全方位塑造高质 量发展新动能，彰显特大城市中心城区新活力。 调研中，周红波来到苏美达、国机数科两家公司，了解国机集团在宁业务发展情况，要求有关方面 加强走访服务，支持企业更好发挥产业链供应链龙头作用，加大在宁布局、持续做大增量。在鱼跃全球 研发总部、红山森林动物园、招商局江苏中心，周红波详细了解总部经济集聚、文商旅融合、国际街区 建设等情况。 周红波强调，有关部门要在战略规划、体制机制、资源要素等方面，更大力度支持玄武区改革攻坚 开放提升。当前正值四季度关键期，玄武区要抢抓窗口、全力冲刺，坚决完成全年目标任务，为全市高 质量发展多作贡献。 市委常委、秘书长黎辉参加。 周红波听取了玄武区工作汇报和"十五五"发展考虑。他指出，近年来玄武区经济密度、创新浓度和 文旅热度不断提升，发展后劲持续增强。"十五五"时期是玄武区乘势而上、提升能级的关键期，要增 强"走在前、做示范"的责任感、紧迫感，找准发展切入点和突破口，更加注重发挥数字经济、服务经 济、人文 ...

Core Viewpoint - The article highlights the role of the Yangtze River Delta Integrated Circuit Industrial Application Technology Innovation Center in Wuxi as a key driver for deep integration of technological and industrial innovation, focusing on the industrial chip sector to foster high-quality development in the integrated circuit industry in Wuxi and the Yangtze River Delta region [1]. Group 1: Resource Integration through Innovative Models - The Innovation Center, established by the Jiangsu Provincial Industrial Technology Research Institute, Wuxi Municipal Government, and Xishan Economic and Technological Development Zone, is responsible for integrating innovation resources, driving application demands, and enhancing industrial capabilities [2]. - The center has developed a unique mixed-ownership operational system that aligns individual interests with the long-term development of the institution, fostering intrinsic motivation among teams [4]. - The "VIDM" (Virtual IDM) collaborative model allows the center to avoid direct competition with industry chain enterprises, instead focusing on industrial integrated circuit application demands and creating a stable supply chain platform with independent intellectual property rights [4]. Group 2: Platform Development and Service Enhancement - In September, the center unveiled the vehicle-grade chip pilot service platform at the 2025 Integrated Circuit (Wuxi) Innovation Development Conference, providing comprehensive services for automotive chip companies [5]. - The center has established several core platforms, including a vehicle-grade chip testing platform and a full-process design capability platform, which significantly reduce R&D barriers and cash flow pressures for small and medium-sized enterprises [7]. - The full-process service system supports the maturation of market-potential technologies from inception to implementation [8]. Group 3: Technology Transformation Leading Industry Breakthroughs - The center focuses on accurately identifying and responding to the "real technical needs" of enterprises, employing a model that allows for targeted problem-solving and competitive development among multiple teams [9]. - For instance, the center successfully addressed a supply crisis for medical device chips faced by Yuyue Medical by compressing the certification process from years to months through collaborative efforts with regulatory bodies [9]. - To enhance efficiency, the center has introduced a "racehorse system" in project development, ensuring optimal solutions through competitive milestones [9].

Core Insights - The portable spirometer market in China is projected to reach 444 million yuan in 2024, reflecting a year-on-year increase of 9% driven by policy support and rising demand [1][7]. Industry Overview - Portable spirometers are essential medical devices for lung function testing, first introduced by Breath Home in 2014, and have received certifications from NMPA, FDA, and CE [3]. - These devices are compact, easy to carry, and suitable for various settings, including community health service centers and home monitoring, facilitating early detection of chronic respiratory diseases [3][4]. Market Dynamics - The aging population in China is increasing, with the elderly population expected to reach 219.69 million by the end of 2024, contributing to a higher prevalence of chronic respiratory diseases and a growing demand for lung function tests [4]. - The number of medical institutions in China is projected to reach 1,093,600 by 2024, a year-on-year increase of 2.13%, indicating a growing market for portable spirometers [5]. Competitive Landscape - The market has historically been dominated by international brands like Jaeger and R spirometry, but domestic companies such as Mindray, Yuyue Medical, and Kangtai Medical are gaining market share through innovation and expansion [9]. - Mindray reported a revenue of 25.834 billion yuan in the first three quarters of 2025, a decrease of 12.38% year-on-year, while Kangtai Medical achieved a revenue of 344 million yuan in the first half of 2025, an increase of 3.03% year-on-year [10][11]. Development Trends - The industry is expected to see continuous technological innovation and product upgrades, with the integration of IoT, big data, and AI enhancing the precision and intelligence of portable spirometers [11]. - Competition is intensifying as both domestic and international brands increase R&D investments and market efforts, leading to potential mergers and acquisitions within the industry [12]. - The pace of domestic substitution is accelerating, with local manufacturers poised to replace imported products as they enhance their technological capabilities and market presence [13].

Core Insights - The "AI + healthcare" industry in China is transitioning from rapid growth to a more refined approach, with a focus on intelligent hardware upgrades and the construction of an AI health application ecosystem [1][3][6] Group 1: Strategic Focus - The chairman of Yuyue Medical, Wu Qun, has outlined three strategic directions: globalization, digitalization, and wearability, to enhance the application of AI in healthcare [3][5] - Yuyue Medical is actively investing in R&D to accelerate product innovation and improve the intelligence level of its medical hardware through AI technology [3][6] Group 2: Product Development - Yuyue Medical has launched several AI-enhanced products, including the Anytime 5 series CGM and myPAD series AED, which feature advanced algorithms and smart connectivity [3][6] - The Anytime 5 series CGM has a MARD value of 8.58% and a wear time of 16 days, catering to various blood glucose monitoring needs [3] - The myPAD series AED can intelligently match energy requirements for adults and children, supporting cloud data analysis and efficient integration with smart emergency platforms [3][6] Group 3: Health Management Integration - The integration of AI in healthcare is expected to transform health management by creating a comprehensive system covering prevention, monitoring, intervention, treatment, and rehabilitation [6][8] - Yuyue Medical is developing its own medical AI model and has launched the AI Agent health manager, which collaborates with medical devices to collect and manage health data [6][8] - This new system aims to break down data barriers between patients and healthcare providers, enhancing diagnostic efficiency and encouraging proactive health management among patients [8]

Core Insights - The article highlights the significant net inflow of main funds into various stocks, with a total of 94 stocks experiencing a net inflow for five consecutive days or more as of November 11 [1] Group 1: Main Fund Inflows - Han's Meditech (寒武纪-U) leads with a continuous net inflow for 54 days, totaling 6.722 billion yuan [1] - Industrial and Commercial Bank of China (工商银行) follows with a net inflow of 1.225 billion yuan over 7 days [1] - The top stocks by net inflow days include: - Han's Meditech (54 days) - CITIC Bank (中信银行) (10 days) - China Communications Construction (交通银行) (8 days) [1] Group 2: Performance Metrics - Han's Meditech (寒武纪-U) has a cumulative increase of 42.40% during the inflow period [1] - Huazhong City A (华侨城A) shows a significant increase of 22.08% over the last 6 days [1] - Other notable performers include: - Wanhua Chemical (万华化学) with a 10.31% increase - China Film (中国电影) with a 34.51% increase [1] Group 3: Fund Inflow Proportions - Huazhong City A (华侨城A) has the highest proportion of net inflow to trading volume at 15.29% [1] - Other stocks with notable inflow proportions include: - Shenzhou Digital (神州数字) at 8.05% - CITIC Bank (中信银行) at 12.50% [1]

Market Overview - The medical device sector experienced a slight decline of 0.13% on November 11, with Danaher Biomedical leading the drop [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Top Performers - Anxu Bio (688075) saw a closing price of 42.54, with an increase of 4.39% and a trading volume of 23,700 [1] - Nanwei Medical (688029) closed at 86.17, up 3.89% with a trading volume of 31,700 [1] - Yirui Technology (688301) closed at 109.90, increasing by 2.65% with a trading volume of 22,000 [1] Underperformers - Danaher Biomedical (920009) closed at 77.69, down 4.91% with a trading volume of 16,300 [2] - Ruimait (301367) closed at 86.41, down 4.32% with a trading volume of 18,600 [2] - Tianchen Medical (688013) closed at 52.68, down 3.59% with a trading volume of 26,900 [2] Capital Flow - The medical device sector saw a net outflow of 642 million yuan from institutional investors, while retail investors contributed a net inflow of 463 million yuan [2][3] - The top net inflows from retail investors were observed in Nanwei Medical (688029) with 46.22 million yuan, and Tianchen Medical (688013) with 24.78 million yuan [3]