The entire MEDPORT group is rising, as of the report, MEDBOT-B (02252) is up 26.05%, reported at 11.66 HKD; MICROPORT (00853) is up 11.6%, reported at 6.83 HKD; Siasun Robot&Automation (02172) is up 9.14%, reported at 9.79 HKD; CARDIOFLOW-B (02160) is up 2.86%, reported at 0.72 HKD.
According to the Zhitong Finance APP, the entire MEDPORT group is rising, as of the report, MEDBOT-B (02252) is up 26.05%, reported at 11.66 HKD; MICROPORT (00853) is up 11.6%, reported at 6.83 HKD; Siasun Robot&Automation (02172) is up 9.14%, reported at 9.79 HKD; CARDIOFLOW-B (02160) is up 2.86%, reported at 0.72 HKD.
In terms of news, Shanghai has issued the "Action Plan for Supporting Listed Companies to Carry Out Mergers and Acquisitions (2025-2027)." The plan proposes to introduce professional market-oriented merger fund managers and attract the gathering of market-oriented merger funds, with qualified entities included in a fast track for Private Equity fund establishment. Make good use of the 10 billion yuan integrated circuit design industry merger fund and establish a 10 billion yuan Biomedical industry merger fund. In addition, in July, Shanghai issued "Several Opinions on Supporting the Whole Chain Innovation and Development of the Biomedical Industry," proposing the establishment of a Shanghai Biomedical Industry merger fund, actively guiding qualified Biomedical enterprises to initiate the establishment of merger funds based on industry transformation and upgrading needs, and supporting enterprises in conducting merger investments along the Industry Chain.
Public information shows that MICROPORT Scientific Company Limited originated from the establishment of MEDICAL INSTRUMENTS (Shanghai) Co., Ltd. in May 1998 at the Shanghai Zhangjiang Hi-Tech Park Development, becoming a leading high-end medical instruments group in China. Currently, the "MEDPORT group" has a total of 6 listed companies, including the parent company MICROPORT, and its five subsidiaries: Shanghai MicroPort Endovascular MedTech(Group)Co.,Ltd., CARDIOFLOW, Siasun Robot&Automation, MEDBOT, and Siasun Robot&Automation. It is reported that the company issued 0.7 billion USD Convertible Bonds in June 2021, which can be redeemed by investors in June 2024. The company has taken various approaches to raise funds since the end of 2023, including issuing new Convertible Bonds, issuing convertible loan financing, and obtaining support from Financial Institutions, successfully resolving short-term liquidity risks.