Core Viewpoint - Ningbo Jianxin Superconducting Technology Co., Ltd. is undergoing a listing review on October 21, focusing on the development, production, and sales of core components for MRI equipment, which constitute about 50% of the MRI equipment's cost [1] Company Overview - Jianxin Superconducting is the largest independent supplier of superconducting magnets globally and the largest supplier of permanent magnets for MRI equipment [1] - The company has developed a rich product matrix in the superconducting field, including various types of superconducting magnets, significantly reducing the technological gap with international giants [1][2] Market Position - In 2024, Jianxin Superconducting is projected to hold a 5% global market share in superconducting magnets and a 61% share in permanent magnets, establishing itself as a leader in both segments [1][2] Technological Advancements - The company has pioneered the all-solid-state conduction cooling technology, eliminating the reliance on liquid helium for MRI equipment, addressing domestic shortages [2] - The 1.5T helium-free superconducting magnet has been recognized as an "international first" by the Zhejiang Provincial Economic and Information Technology Department [2] Financial Performance - Jianxin Superconducting's revenue has shown consistent growth from 2022 to mid-2025, with a notable 57.10% year-on-year growth in the first half of 2025 [3] - Sales of helium-free superconducting products surged by 437.86%, contributing to the rapid expansion of the company's overall business scale [3] Industry Growth - The global MRI equipment market has grown from $7.5 billion in 2015 to an estimated $11.1 billion in 2024, with a compound annual growth rate (CAGR) of 4.5% [3] - The market is expected to reach $14.89 billion by 2030, driven by the proliferation of MRI equipment in emerging markets and domestic demand [3] Research and Development - As of June 30, 2025, the company holds 85 authorized patents, including 45 invention patents, reflecting its commitment to innovation [4] - Jianxin Superconducting aims to make MRI technology more accessible and affordable, addressing public healthcare challenges [4]