Sou Hu Cai Jing·2025-12-01 19:25Group 1 - The core point of the article highlights that southbound funds have reduced their holdings in Spring Medical (01858.HK) by 13,200 shares on December 1, 2025, marking a cumulative net reduction of 644,200 shares over the past five trading days [1] - Over the last 20 trading days, southbound funds have reduced their holdings in Spring Medical on 11 occasions, resulting in a total net reduction of 283,800 shares [1] - As of the latest data, southbound funds hold 43,889,800 shares of Spring Medical, which accounts for 46.12% of the company's total issued ordinary shares [1] Group 2 - Spring Medical is primarily engaged in the research, production, and sales of implantable orthopedic medical devices, with its main products including joint prosthetics and spinal implant products [2] - The company's joint prosthetic products cover four major human joints: hip, knee, shoulder, and elbow, while its spinal implant products consist of a full range of spinal fixation systems [2] - Spring Medical's products are exported to various countries and regions across Asia, South America, Africa, Oceania, and Europe [2]