Company Overview - Cofo Medical is one of the largest home medical device companies in China, focusing on providing convenient solutions for consumers and patients seeking high-quality and advanced home medical devices since its establishment in 2007 [2]. - According to Frost & Sullivan, Cofo Medical ranks second among all home medical device companies in China based on sales revenue for 2024 [2]. Market Presence - As of the last feasible date, Cofo Medical has achieved full coverage on all major e-commerce platforms in China, including Tmall, JD.com, Douyin, Xiaohongshu, Pinduoduo, and Yaoshi Bang [2]. - In 2024, the online sales revenue of Cofo Medical reached RMB 1.981 billion [2]. Retail Network - By June 30, 2025, Cofo Medical operates 738 self-owned stores in China, with 689 being "Jianer Hearing" service centers, covering over 135 cities [2]. Financial Performance - Cofo Medical's revenue for the fiscal years 2022, 2023, 2024, and the six months ending June 30, 2025, were approximately RMB 2.977 billion, RMB 2.854 billion, RMB 2.983 billion, and RMB 1.496 billion respectively [3]. - The net profit for the same periods were RMB 302.019 million, RMB 252.871 million, RMB 312.344 million, and RMB 166.643 million respectively [3].

Core Viewpoint - Cofo Medical has established itself as a leading player in the home medical device industry in China, focusing on providing advanced and convenient solutions for consumers and patients since its inception in 2007 [2]. Company Overview - Cofo Medical is one of the largest home medical device companies in China, ranking second in sales among all home medical device enterprises in the country as of 2024, according to Frost & Sullivan [2]. - The company has expanded its global presence, covering over 60 countries and regions across Asia, Africa, Europe, and America, attracting a growing loyal user base [2]. Sales and Market Performance - As of 2024, Cofo Medical achieved online sales of approximately RMB 1.981 billion, ranking second among Chinese home medical device companies [2]. - In the first half of 2025, Cofo Medical's brand products performed exceptionally well across various platforms, with 12 product categories ranking first on Douyin, and multiple categories ranking in the top three on Tmall and JD [2]. Retail Presence - By June 30, 2025, Cofo Medical operated 738 self-owned stores in China, with 689 being "Jianer Hearing" service centers, covering over 135 cities [3]. - The "Jianer Hearing" service centers provide professional hearing testing services and supply various high-quality hearing aid products, ranking among the top three in the industry by the number of fitting centers in China as of the end of 2024 [3]. Financial Performance - Cofo Medical's revenue for the fiscal years 2022, 2023, 2024, and the first half of 2025 was approximately RMB 2.977 billion, RMB 2.854 billion, RMB 2.983 billion, and RMB 1.496 billion, respectively [3][5]. - The net profit for the same periods was approximately RMB 302 million, RMB 253 million, RMB 312 million, and RMB 167 million, respectively [3][5].

Core Insights - Cofo Medical has been dedicated to the home medical device industry since its establishment in 2007, aiming to provide convenient solutions for consumers and patients seeking high-quality and advanced home medical devices [2] - The company ranks as the second largest home medical device enterprise in China by sales revenue for 2024, according to Frost & Sullivan [2] - Cofo Medical has expanded its global presence, covering over 60 countries and regions across Asia, Africa, Europe, and America, while achieving full coverage on major e-commerce platforms in China [2] - In 2024, Cofo Medical's online sales reached approximately RMB 1.981 billion, placing it second among Chinese home medical device companies [2] - The company has a strong performance on various e-commerce platforms, with numerous product categories ranking first or within the top three in sales [2] Financial Performance - For the fiscal years ending December 31, 2022, 2023, and 2024, as well as the six months ending June 30, 2025, Cofo Medical reported revenues of approximately RMB 2.977 billion, RMB 2.854 billion, RMB 2.983 billion, and RMB 1.496 billion respectively [3][5] - The net profit for the same periods was approximately RMB 302 million, RMB 253 million, RMB 312 million, and RMB 167 million respectively [3][5] - The company operates 738 self-owned stores in China, with 689 being "Jianer Hearing" service centers, which provide professional hearing testing services and sell various quality hearing aids [3]