Lepu Medical Technology (beijing) Co., Ltd. Class ASZSE: 300003

Lepu Medical Technology Co: Revenue and profit declined sharply, but innovation and global expansion drive future growth

· Issued by Lepu Medical Technology (beijing) Co., Ltd. Class A

2024 revenue fell 23.5% and net profit dropped 80.4% year-over-year, mainly due to asset impairments and industry price pressures. Innovative cardiovascular products and international expansion remain key growth drivers, with R&D investment at 19% of revenue.

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