Core Viewpoint - The article highlights Haier Biomedical's transformation from a traditional medical device manufacturer to a comprehensive service provider in life sciences and medical innovation, emphasizing its strong technological capabilities and market potential in the context of the current "technology bull market" in China [1]. Group 1: Business Overview - Haier Biomedical is positioned as a "digital solution service provider for life sciences and medical innovation," moving beyond its initial perception as merely a manufacturer of low-temperature storage devices [1]. - The company has diversified its product offerings to include low-temperature storage, smart medication, blood technology, and laboratory solutions, indicating a shift from a single business model to a more integrated approach [1][4]. Group 2: Low-Temperature Storage - Low-temperature storage is identified as the foundational business for Haier Biomedical, crucial for the safety of blood, biological samples, and special pharmaceuticals [2]. - The company’s ultra-low temperature storage products cover a temperature range from -196°C to +8°C, meeting diverse customer needs across hospitals and research institutions [2]. - Key innovations include the Eco-Drive technology for precise temperature control and the patented electromagnetic balance valve, which significantly reduces the waiting time for accessing samples [2][3]. Group 3: Smart Medication - The new industry segment, particularly smart medication, has shown significant growth, with its revenue share increasing from 38% in 2023 to 47% in the 2025 mid-year report [4]. - Smart medication solutions involve a fully digitalized process for hospital medication management, enhancing efficiency and patient experience by automating drug storage and dispensing [5]. - The company has expanded its smart medication solutions internationally, recently partnering with a major private hospital group in Thailand, indicating a strategic move to capture market share in Southeast Asia [5][6]. Group 4: Market Position and Future Outlook - Haier Biomedical is transitioning its market perception from a "refrigeration" company to a "solution service" provider, driven by its core technological advantages and innovative service offerings [6]. - The recovery of the low-temperature storage market, combined with the growth of smart medication and other new business areas, positions Haier Biomedical for sustained growth and market leadership [6].