业绩简评 2025 年 8 月 23 日，公司发布 2025 年半年度报告。25H1 公司实现 营业收入 14.48 亿元（同比+2.68%），归母净利润 3.21 亿元（同 比+3.66%），扣非归母净利润 3.17 亿元（同比+3.84%）。 单季度来看，25Q2 公司实现收入 7.03 亿元（同比+0.24%），归母 净利润 1.37 亿元（同比+0.47%），扣非归母净利润 1.35 亿元（同 比-0.20%）。 经营分析 业绩平稳增长，正畸业务持续复苏。25H1 公司业绩实现平稳增长， 门诊量达 173.22 万人次（同比+1.21%）。分业务看，正畸业务表 现亮眼，实现收入 2.29 亿元（同比+7.75%），延续了 Q1 的复苏态 势。种植业务收入 2.55 亿元，同比基本持平（同比+0.02%），集 采后"以量补价"效应持续，业务发展稳固。修复（同比+3.59%） 与大综合（同比+2.44%）业务作为基础刚需，为公司提供了可靠的 业绩支撑。儿科业务收入 2.36 亿元，同比下降 1.48%。 "区域总院+分院"模式持续深化，扩张成效显著。25H1 公司旗下 运营医疗机构 89 家，拥有专业医疗 ...

Core Insights - The article emphasizes the importance of integrating clinical, capital, channel, and regulatory aspects to drive high-quality development in the medical technology sector, particularly focusing on Chinese innovation in the global context [1]. Group 1: Medical Ecosystem and Innovation - The Shanghai Jiao Tong University School of Medicine is highlighted as a key player in fostering a valuable medical and health ecosystem, with 13 affiliated hospitals and 21 academicians providing strong academic support and clinical resources for entrepreneurs [9]. - The establishment of the first incubation fund by the Medical Future Alumni Association aims to lead alumni in early investments in medical technology, facilitating earlier market entry [9]. - The article discusses the unique "Value Engine Methodology" that promotes collaboration between academia and industry, enhancing strategic thinking, innovation capabilities, and leadership skills among entrepreneurs [9][10]. Group 2: Educational Programs and Curriculum - The curriculum is designed to address trends, challenges, and innovations in the medical industry, helping participants understand the development trajectory and strategic layout of the sector [11]. - The program emphasizes the cultivation of entrepreneurial thinking, enabling participants to formulate growth strategies and make informed decisions in uncertain market conditions [12]. - Various modules cover topics such as strategic customization, value discovery, and innovative thinking, aimed at equipping participants with the necessary skills for future challenges in the medical field [16]. Group 3: Industry Trends and Future Directions - The article identifies key trends in the medical industry, including the aging economy, consumer healthcare, and the integration of technology in healthcare services [17][19]. - It discusses the importance of understanding the silver economy's value chain, including sectors like elderly care, rehabilitation, and entertainment, as well as the emerging business models in consumer healthcare [19]. - The integration of new technologies such as artificial intelligence, big data, and wearable devices is highlighted as a significant trend shaping the future of the medical industry [19].

Core Insights - The article emphasizes the importance of integrating clinical, capital, channel, and regulatory aspects to drive high-quality development in the medical technology sector, particularly focusing on Chinese innovation in the global context [1]. Group 1: Medical Ecosystem and Innovation - The Shanghai Jiao Tong University School of Medicine is highlighted as a key player in fostering a valuable medical and health ecosystem, with 13 affiliated hospitals and 21 academicians providing strong academic support and clinical resources for entrepreneurs [9]. - The establishment of the first incubation fund by the Medical Future Alumni Association aims to lead alumni in incubating medical technology ventures, facilitating early investments in the sector [9][10]. - The curriculum is designed to help participants understand the trends, challenges, and innovations within the medical industry, enhancing their strategic insights and operational capabilities [11]. Group 2: Entrepreneurial Mindset and Strategic Development - The program focuses on cultivating an entrepreneurial mindset, enabling participants to navigate complex environments, identify opportunities, and develop growth strategies [12]. - The "Value Engine Methodology" is introduced as a framework for personal and organizational capability enhancement, emphasizing the importance of collaboration between academia and industry [13]. - The curriculum includes modules on strategic diagnosis, execution paths, and commercial model design, aimed at equipping participants with the skills to innovate and grow within the medical sector [16]. Group 3: Industry Trends and Future Directions - The article discusses the emerging trends in the medical industry, including the silver economy, consumer healthcare, and the integration of technology in healthcare applications [17][19]. - It highlights the significance of understanding the evolving landscape of consumer healthcare, including sectors like aesthetic medicine, dental care, and preventive health check-ups [19]. - The program also addresses the application of new technologies such as artificial intelligence, big data, and telemedicine in transforming healthcare delivery [19].

Core Viewpoint - The 2025 Alumni Conference of Shanghai Jiao Tong University School of Medicine aims to create a platform for emotional connection, resource sharing, and opportunity exchange under the theme "Co-construct, Share, and Co-future" [2]. Agenda Summary - The conference will feature a series of speeches and discussions on various topics related to medical policies, industry opportunities, and advancements in healthcare [3][4]. - Keynote speakers include prominent figures such as Xu Shuqiang, Gu Yan, and Ren Yongqiang, who will address topics like medical policies, obesity treatment, and anti-aging cell therapies [3][4]. - A roundtable discussion will focus on the challenges and strategies for medical companies expanding internationally, featuring industry leaders and experts [4]. Educational Program - The Medical and Health Future Leading Talents program offers a comprehensive curriculum designed to enhance entrepreneurial thinking and strategic capabilities in the healthcare sector [5][6]. - The program emphasizes collaboration between academia and industry, aiming to develop leaders who can navigate complex challenges in the medical field [8][11]. - Participants will engage in workshops and discussions on topics such as innovation in medical products, investment strategies, and the integration of new technologies in healthcare [17][12]. Networking Opportunities - The conference will facilitate networking among alumni, industry leaders, and academic experts, providing a platform for resource matching and innovative collaboration [9][21]. - Attendees will have the chance to visit leading medical institutions and companies, enhancing their understanding of the healthcare ecosystem [21][20]. Alumni Engagement - The alumni association aims to foster a vibrant and innovative community, organizing events that connect scientists and entrepreneurs for knowledge exchange and collaboration [18][19]. - The program includes international study tours to renowned medical institutions, further enriching the learning experience for participants [22][21].

字MedTech 全球最新医疗科技动态 ： 思宇MedTech | MedRobot | 心未来 | 眼未来 | 骨未来 | 探美医界 | 医影像 寻求报道，请联系Alice：suribot21 投稿/订制报告，请联系主编： qingzhao2017 SHANGHAI JIAO TONG UNIVERSITY SCHOOL OF MEDICINE 第十期 MEDICAL AND HEALTH FUTURE LEADING TALENTS 300位 多目 8 TE 医健同侨印证启迪 课程送代积淀 思维破茧和能力跃迁 上海文进, 66 这里有独具价值的 医健生态圈层 B 变局时代企业家思维破茧 全面打通产学研用 解锁医疗产业未来 成就卓越领军人才 我们面临的问题无比复杂, 您需要站在更高的平台, 洞祭趋势,明确方向,做出取舍, 分合行动,聚拢资源, 成为医疗产业未来的合格舵手! 00 0 0 00 /0 N7/2 | THE 课程价值 上海交通大学医学院拥有: 日 13家附属医院 R 21位院士 转化医学国家重大科技基础设施(上海) 为企业家提供了强大的学术支持、创新平台 和临床转化资源 独创价值引擎方法论 以" ...

号MedTech 全球最新医疗科技动态 车： 思宇MedTech | MedRobot | 心未来 | 眼未来 | 骨未来 | 探美医界 | 医影像 寻求报道，请联系Alice：suribot21 投稿/订制报告，请联系主编： qingzhao2017 学院 SHANGHAI JIAO TONG UNIVERSITY SCHOOL OF MEDICINE 第十期 MEDICAL AND HEALTH FUTURE LEADING TALENTS 多重 8年 300位 医健同侪印证启迪 课程送代积淀 思维破茧和能力跃迁 66 这里有独具价值的 医健生态圈层 THERE IS A VALUABLE MEDICAL AND HEALTH ECOSYSTEM HERE 变局时代企业家思维破茧 全面打通产学研用 解锁医疗产业未来 成就卓越领军人才 我们面临的问题无比复杂, 您需要站在更高的平台, 洞察趋势,明确方向,做出取舍, 统合行动,聚拢资源, 成为医疗产业未来的合格舵手! NOLILIA VALUE 课程价值 上海交通大学医学院拥有: 日 | 13家附属医院 R 21位院士 201 t+ 转化医学国家重大科技基础 ...

学院 SHANGHAI JIAO TONG UNIVERSITY SCHOOL OF MEDICINE 第十期 MEDICAL AND HEALTH FUTURE LEADING TALENTS 多重 8年 300位 医健同侪印证启迪 课程送代积淀 思维破茧和能力跃迁 号MedTech 全球最新医疗科技动态 车： 思宇MedTech | MedRobot | 心未来 | 眼未来 | 骨未来 | 探美医界 | 医影像 寻求报道，请联系Alice：suribot21 投稿/订制报告，请联系主编： qingzhao2017 66 这里有独具价值的 医健生态圈层 THERE IS A VALUABLE MEDICAL AND HEALTH ECOSYSTEM HERE 变局时代企业家思维破茧 全面打通产学研用 解锁医疗产业未来 成就卓越领军人才 我们面临的问题无比复杂, 您需要站在更高的平台, 洞察趋势,明确方向,做出取舍, 统合行动,聚拢资源, 成为医疗产业未来的合格舵手! NOLILIA VALUE 课程价值 上海交通大学医学院拥有: 日 | 13家附属医院 R 21位院士 201 t+ 转化医学国家重大科技基础 ...