Xin Lang Cai Jing·2025-11-26 02:36Core Viewpoint - Spring Medical has shown significant stock price growth of 95.67% year-to-date, despite a recent decline in the last five and twenty trading days [2]. Company Overview - Spring Medical, established on February 12, 1998, and listed on December 30, 2021, is based in Tongzhou District, Beijing. The company specializes in the research, production, and sales of implantable orthopedic medical devices, primarily focusing on joint prosthetics and spinal implants [2]. - The company's main products include hip, knee, shoulder, and elbow joint prosthetics, as well as a full range of spinal fixation systems. Its products are exported to various regions including Asia, South America, Africa, Oceania, and Europe [2]. - The revenue composition of Spring Medical is predominantly from medical device products (99.89%), with a minor contribution from other sources (0.11%) [2]. Financial Performance - As of September 30, 2025, Spring Medical reported a revenue of 756 million yuan, reflecting a year-on-year growth of 48.75%. The net profit attributable to shareholders was 192 million yuan, marking a substantial increase of 213.21% [3]. - The company has distributed a total of 359 million yuan in dividends since its A-share listing, with 309 million yuan distributed over the past three years [4]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 4.12% to 6,164, while the average number of circulating shares per person decreased by 3.95% to 46,906 shares [3]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which is the fourth-largest shareholder with 2.9585 million shares, and China Europe Economic Growth Mixed A Fund, which is the fifth-largest with 2.8326 million shares, both being new entrants [4].