2025年，归创通桥以"创新"与"国际化"为核心战略，持续推动业务布局与升级。报告期内，公司多款重 点创新产品相继获批上市。ZYLOX Mammoth大腔™外周血栓抽吸导管、通桥飞龙™颅内动脉瘤栓塞辅 助支架等产品实现商业化落地，并取得积极的市场表现。此外，公司持续完善创新产品管线，颈动脉双 层密网支架、自膨式动脉瘤瘤内栓塞器获国家药品监督管理局创新医疗器械认定，进入审批"绿色通 道"。 同期，公司国际化战略实现关键突破，海外市场拓展全面提速。截至2025年底，公司销售渠道已覆盖全 球83个国家与地区，并与超过80家海外合作伙伴建立战略合作关系。2026年1月，公司宣布战略收购德 国Optimed公司，进一步拓展在欧洲及全球市场的布局，加快创新产品在国际市场的推广与落地；同时 依托中、德两大生产基地之间的协同效应，持续提升全球化运营与交付能力。 展望未来，归创通桥将继续秉持"为生命 恒创新"的理念，持续加大在医疗科技领域的研发与投入，加 速推进国际化战略布局，为全球患者带来高质量且可负担的创新产品与解决方案，并持续提升公司的长 期价值，为股东创造可持续回报。 1月29日晚间，归创通桥医疗科技股份有限公司(21 ...

Core Insights - GL Capital Management GP Limited increased its stake in Ginkgo Bioworks (02190) by acquiring 4.4 million shares at an average price of HKD 24, totaling HKD 105.6 million [1] - Following this acquisition, GL Capital Management GP Limited's total shareholding in Ginkgo Bioworks reached 20.5 million shares, representing a 6.09% ownership [1] - The shareholder base of Ginkgo Bioworks includes specialized investment firms such as Orbimed, Lake Bleu, and AIHC Capital, indicating strong confidence in the company's operational stability and growth potential [1] Company Developments - Ginkgo Bioworks has been actively advancing its innovative product pipeline and expanding its core products' market coverage both domestically and internationally [1] - The company is committed to enhancing its global operational capabilities and aims to continue its investment in research and development within the medical technology sector [1] - Ginkgo Bioworks emphasizes its mission of "Innovating for Life" and aims to provide high-quality and affordable medical device products and solutions for patients worldwide [1]

Group 1 - The core viewpoint of the articles highlights the financial performance and market position of United Imaging Healthcare, indicating a high PE ratio compared to industry averages [1][2] - As of April 28, the company's stock closed at 124.69 yuan, down 2.14%, with a rolling PE ratio of 81.44 times and a total market capitalization of 102.764 billion yuan [1] - The average PE ratio for the medical device industry is 46.40 times, with a median of 34.81 times, placing United Imaging Healthcare at the 105th position in the industry ranking [1][2] Group 2 - For Q1 2025, the company reported revenue of 2.478 billion yuan, a year-on-year increase of 5.42%, and a net profit of 370 million yuan, up 1.87%, with a gross margin of 49.94% [2] - The company has a complete product line in medical imaging equipment, radiation therapy products, and life science instruments, supported by significant R&D investments [1] - United Imaging Healthcare has led nearly 40 national and provincial R&D projects, including around 20 national major science and technology projects, and has received numerous awards for its innovations [1]