Venture(US:VEMLY) Sou Hu Cai Jing·2025-07-31 02:52Group 1 - The core viewpoint of the articles emphasizes the support from the Medical Insurance Bureau for the medical device industry, focusing on principles such as "anti-involution," overseas expansion, and differentiated innovation, which are beneficial for high-quality industry development [1] - The collective procurement prices are expected to remain moderate, which will help stabilize and enhance corporate profitability [1] - Policies are anticipated to stimulate innovation and research and development (R&D) among medical device companies, with new product launches likely to create growth opportunities and accelerate domestic substitution [1] Group 2 - As R&D capabilities improve, policies will assist in the global development of Chinese innovative drugs and medical devices, allowing companies to explore international markets [1] - In the pharmaceutical and biotechnology sector, innovative drugs are entering a stage of realization, with significant R&D progress that is not affected by trade wars, continuing to serve as an investment focus [1] - Companies expanding into emerging markets are expected to have substantial growth potential [1] Group 3 - The ChiNext Medical ETF (159377) tracks the ChiNext Medical Index (399275), which can experience daily fluctuations of up to 20% [1] - This index selects listed companies involved in biomedicine and medical devices from the ChiNext market, covering sectors such as innovative drug R&D, biotechnology, and medical services, reflecting the overall performance of related listed companies [1]