江西三鑫医疗科技股份有限公司 关于股东减持股份预披露的公告 控股股东、实际控制人之一致行动人彭九莲女士，董事、总裁毛志平先生， 董事乐珍荣先生，董事、副总裁、董事会秘书刘明先生，副总裁王甘英先生，副 总裁冷玲丽女士，副总裁刘炳荣先生保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、江西三鑫医疗科技股份有限公司（以下简称"公司"）控股股东、实际控 制人之一致行动人彭九莲女士持有公司股份9,309,659股，占公司总股本的比例为 1.7826%（总股本为已剔除公司回购专用证券账户中的股份数量后的公司股份总数， 下同），彭九莲女士计划在本减持计划公告披露之日起15个交易日之后的三个月内 以集中竞价方式/大宗交易方式减持本公司股份不超过2,300,000股，占公司总股本 的比例为0.4404%。 2、公司董事、总裁毛志平先生持有公司股份2,973,650股，占公司总股本的比 例为0.5694%，毛志平先生计划在本减持计划公告披露之日起15个交易日之后的三 个月内以集中竞价方式/大宗交易方式减持本公司股 ...

Summary of Key Points Core Viewpoint - The shareholders of Sanxin Medical plan to reduce their holdings through various methods within a specified timeframe, indicating potential changes in ownership structure and market sentiment [1] Shareholder Reduction Plans - Shareholder Peng Jiulian plans to reduce holdings by up to 2.3 million shares, representing 0.4404% of total shares [1] - Shareholder Mao Zhiping plans to reduce holdings by up to 743,400 shares, representing 0.1424% of total shares [1] - Shareholder Le Zhenrong plans to reduce holdings by up to 393,500 shares, representing 0.0753% of total shares [1] - Shareholder Liu Ming plans to reduce holdings by up to 167,300 shares, representing 0.0320% of total shares [1] - Shareholder Wang Ganying plans to reduce holdings by up to 227,700 shares, representing 0.0436% of total shares [1] - Shareholder Leng Lingli plans to reduce holdings by up to 131,000 shares, representing 0.0251% of total shares [1] - Shareholder Liu Bingrong plans to reduce holdings by up to 130,600 shares, representing 0.0250% of total shares [1]

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日医疗器械板块主力资金净流出6.22亿元，游资资金净流入8454.45万元，散户资 金净流入5.38亿元。医疗器械板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300049 | 福瑞股份 | 1.46 Z | 11.88% | -1.05 Z | -8.52% | -4138.97万 | -3.36% | | 300003 | 乐普医疗 | 1.21 Z | 7.97% | -5108.00万 | -3.37% | -6962.47万 | -4.59% | | 600645 | 中源协和 | 9348.49万 | 9.75% | -3949.64万 | -4.12% | -5398.85万 | -5.63% | | 688271 | 联影医疗 | ...

Group 1 - The core stock price of Sanxin Medical as of August 15, 2025, is 10.01 yuan, with an increase of 0.12 yuan, representing a rise of 1.21% from the previous trading day [1] - The trading volume on the same day was 293,400 hands, with a total transaction amount of 293 million yuan [1] - Sanxin Medical operates in the medical device industry, focusing on the research, production, and sales of medical products such as blood purification [1] Group 2 - On August 12, Sanxin Medical conducted a centralized research session with 19 brokerages, indicating an acceleration in its internationalization process [1] - The company has completed product registrations in Indonesia, Peru, and Mexico, and is advancing certification efforts in Turkey, Vietnam, and Brazil [1] - On August 15, the net outflow of main funds for Sanxin Medical was 8.3579 million yuan, with a cumulative net outflow of 26.2138 million yuan over the past five trading days [2]

Group 1 - The core viewpoint of the articles highlights the performance and market position of Sanxin Medical, which closed at 10.01 yuan with a PE ratio of 22.13 times, significantly lower than the industry average of 56.58 times [1][2] - Sanxin Medical's total market capitalization is 5.229 billion yuan, ranking 48th in the medical device industry based on PE ratio [1][2] - The company reported a revenue of 761 million yuan for the first half of 2025, reflecting a year-on-year increase of 10.83%, and a net profit of 115 million yuan, up 8.35% year-on-year, with a gross profit margin of 34.97% [1] Group 2 - The medical device industry has an average PE ratio of 56.58 times and a median of 39.97 times, indicating a higher valuation compared to Sanxin Medical [2] - In terms of capital flow, Sanxin Medical experienced a net outflow of 8.3579 million yuan on August 15, with a total outflow of 26.2138 million yuan over the past five days [1] - The company specializes in the research, manufacturing, sales, and service of medical devices, with key products including blood purification, drug delivery devices, and cardiothoracic surgery equipment [1]

Group 1: Market Overview - The A-share market is currently active, with brokerage analysts conducting extensive research on listed companies as half-year reports are being disclosed [1][2] - A total of 162 companies have been researched by brokerages since August, covering popular sectors such as electronics, pharmaceuticals, machinery, and power equipment [1][2] Group 2: Sector Focus - The electronics, machinery, and pharmaceutical sectors are the most researched, with 22, 20, and 21 companies respectively [2] - The pet sector, particularly Zhongchong Co., Ltd. (002891), has attracted the most attention, with 61 brokerages participating in its recent performance briefing [2][3] Group 3: Company Highlights - Zhongchong Co., Ltd. has established over 22 modern production bases globally and is expanding its projects in various countries, including the US and Canada [3] - Ninebot Inc. has garnered interest from 47 brokerages, focusing on its electric two-wheeler profit margins and the development of its intelligent ecosystem [3] - Jerry Holdings (002353) has been researched by 41 brokerages, with a focus on its business structure and overseas market development [3] Group 4: Pharmaceutical Sector Insights - The pharmaceutical sector has seen significant interest, with over 65 research reports published in August, including 10 deep-dive reports [4] - Companies like Jiuzhou Pharmaceutical (603456) and Sanxin Medical (300453) have been actively researched, with Jiuzhou reporting a net profit of 526 million yuan, a 10.7% increase year-on-year [4][5] - Bo Rui Pharmaceutical has seen its stock price rise over 277% this year, with plans to expand its product offerings globally [5] Group 5: Rating Adjustments - Brokerages have upgraded the ratings of seven companies since August, including Aisheng Co., Ltd. (600732) and Huaneng International (600011) [6] - Huaneng International reported a net profit of 9.262 billion yuan, a 24.26% increase, prompting an upgrade to "buy" rating [6] - One stock, Fuling Pickles (002507), was downgraded from "buy" to "hold" due to slower sales recovery and increased cost pressures [6]

Core Viewpoint - Sanxin Medical has developed the first registered certificate for a domestically produced disposable dialysis catheter, breaking the complete monopoly of imported products in the domestic market [1] Group 1: Product Development and Market Position - The product has a significant first-mover advantage and has been well-received in the market due to its effectiveness in protecting patients' arteriovenous fistulas and enhancing dialysis safety and experience [1] - The company has secured the first selection qualification in the "23 provinces" blood dialysis consumables alliance procurement and the "Beijing-Tianjin-Hebei 3+N" blood dialysis consumables alliance procurement, with pricing significantly more competitive than similar imported products [1] Group 2: Market Expansion and Clinical Application - The nationwide medical insurance reimbursement policy for the product is still being gradually improved, and large-scale clinical application will require some time due to factors such as clinical usage habits and medical service price reforms [1] - The company plans to continue promoting market expansion and clinical application of the product by focusing on ongoing research and innovation for iterative upgrades, addressing clinical pain points, and better meeting clinical and patient needs [1] - Additionally, the company aims to optimize processes and reduce costs to align with medical insurance and procurement policies, thereby alleviating the financial burden on medical insurance and society, and promoting wider product usage [1]

Core Viewpoint - Sanxin Medical (300453) announced on August 14 that it plans to expand its R&D and production base in Jiangxi to meet the growing market demand for blood dialysis products and to reserve new capacity for rapid expansion in new business areas such as vascular intervention [1] Group 1: Company Expansion Plans - The company aims to expand its production lines and procure raw materials to meet increasing working capital needs [1] - The expansion will support the annual production of 10 million blood dialysis membranes and 10 million blood dialysis devices [1] - New projects include the establishment of a production line for 30 million sets of high-performance blood purification equipment and supporting consumables [1] Group 2: Financing Strategy - The company plans to issue convertible bonds to raise no more than 530 million yuan, which will enhance its financial strength and optimize its asset structure [1] - The funds will be used for the expansion projects and to supplement working capital, thereby improving financial flexibility and reducing operational risks [1]

Core Viewpoint - The company, Sanxin Medical, announced a projected decline of approximately 15% in revenue from drug delivery devices in the first half of 2025 compared to the previous year due to intensified market competition and product homogeneity [2] Group 1: Market Conditions - The drug delivery device market is experiencing increased competition and significant product homogeneity, leading to a fragmented competitive landscape [2] - The aging population and rising number of chronic disease patients are driving higher clinical demands for drug delivery devices in terms of safety, convenience, and precision [2] Group 2: Strategic Initiatives - The company is focusing on upgrading its drug delivery products through material optimization, functional enhancements, and precise delivery innovations [2] - New functional products such as precision filtration infusion, light-protective infusion, safe injection, and medical needle-free injection are being developed to transform and upgrade drug delivery devices [2] - The company has obtained registration for a new pre-filled catheter flushing device, which expands its product line and aims to provide safer and more efficient catheter care solutions for clinical treatment [2]

Core Viewpoint - The announcement by Sanxin Medical highlights the impact of regional centralized procurement on the blood dialysis product market, indicating a trend towards nationwide coverage and price linkage effects [2]. Group 1: Centralized Procurement Impact - Since 2019, certain provinces have initiated centralized procurement for blood dialysis products, which is set to expand with the implementation of the "23 provinces" and "Beijing-Tianjin-Hebei 3+N" centralized procurement plans by 2024 [2]. - The centralized procurement has established a framework that allows for the extension of procurement periods based on actual supply and demand conditions, which benefits the stable sales channels for the company's products [2]. Group 2: Competitive Landscape - The competitive strategy and supply capabilities of companies are crucial in the context of blood dialysis centralized procurement, particularly for blood dialysis machines [2]. - In the centralized procurement for the 23 provinces, domestic and imported products are grouped together for bidding, which enhances the competitive advantage of domestic dialysis machines and expands their market space [2].