Core Insights - Kefu Medical reported a strong performance in Q3 2025, achieving a revenue of 902 million yuan, a year-on-year increase of 30.72%, and a net profit attributable to shareholders of 92.83 million yuan, up 38.68% year-on-year [1] - The company is accelerating its international expansion by submitting a listing application to the Hong Kong Stock Exchange, aiming to become a dual-listed company, which will enhance its global financing channels and brand influence [1][2] - Kefu Medical is focusing on a dual-driven strategy of "product innovation + channel upgrade," with its core categories showing steady growth, ranking second among home medical device companies in China, with rehabilitation aids ranked first [1][2] Financial Performance - In Q3 2025, Kefu Medical achieved a net profit of 92.83 million yuan, reflecting a 38.68% increase year-on-year [1] - The company's net profit excluding non-recurring items reached 85.80 million yuan, marking a significant year-on-year growth of 62.68% [1] Product Innovation - Kefu Medical has increased its R&D investment, launching new products such as portable ventilators, dual glucose and uric acid test strips, a new generation of bone conduction hearing aids, and tunnel-type blood pressure monitors, enhancing its "home health management" product matrix [1][2] - The new generation bone conduction hearing aid developed in collaboration with Tencent has improved voice clarity and intelligibility by 85% in complex noise environments, utilizing deep learning acoustic scene recognition technology [2] International Expansion - The funds raised from the Hong Kong listing will primarily be used for global brand building, overseas channel expansion, and innovation R&D, strengthening the company's international operational capabilities [2] - The move to list in Hong Kong is expected to optimize the company's capital structure and enhance its competitiveness and brand strength in the global home medical device market [2] Industry Outlook - The home medical device industry is experiencing structural growth opportunities due to the "Healthy China 2030" strategy and the aging population trend [2] - Kefu Medical aims to leverage its full industry chain layout and brand advantages to achieve high-quality growth in both domestic and international markets [2]
可孚医疗第三季度营收净利创新高 拟赴港上市加速国际化布局