Gelonghui May 28 | Yi'an Technology (300328.SZ) announced that on May 27, 2024, the CE certification for degradable magnesium intraosseous fixing screws will expire. After the CE certification expires, the product cannot be sold in overseas markets related to the European Union. In the future, the company will re-apply for CE certification in due course on the basis of comprehensive consideration of the product's overseas market conditions, etc.
Since sales of degradable magnesium bone fixing screws have not been fully promoted in the EU, large-scale sales cannot be achieved, and the contribution to the company's profit is limited. The expiration of the CE certification for degradable magnesium intraosseous fixing screws will not have a substantial impact on the company's operating performance. Investors are kindly requested to pay attention to investment risks.