Jiuan Medical

Founded in 1995, Tianjin Jiuan Medical Electronics Co., Ltd ("Jiuan Medical") is a globally renowned listed mobile medical company specializing in the research, development, production and sales of home medical equipment. The company's stock code is 002432, and on June 10, 2010, it was listed on the Small and Medium-sized Enterprise (SME) section of the Shenzhen Stock Exchange. With its core strategy of "Diabetes Diagnosis and Care 'O+O' New Model" and "Explosive Products", Jiuan Medical is committed to extending chronic disease management and diagnosis and treatment from in-hospital to out-of-hospital.

Milestones

1. Startup & Growth: JiuAn Medical has been committed to the research, development and production of electronic sphygmomanometers since its inception, and has gradually expanded its product range to cover a wide range of areas, including blood glucose, body temperature, blood oxygen, electrocardiogram, heart rate, body weight, body fat, sleep, and exercise.
2. InternationalizationIn 2011, Jiuan Medical launched its own brand "iHealth" health series and set up a U.S. branch to formally enter the U.S. market. Since then, through the cooperation with Apple, Jiuan Medical's mobile connected blood pressure monitors and other products have been gradually rolled out in Apple channels around the world.
3. Strategic cooperation and mergers and acquisitionsIn 2014, Jiu'an Medical realized strategic cooperation with Xiaomi, which injected $25 million to jointly build cost-effective products. In addition, Jiu'an Medical also introduced Xiaomi Investment as a strategic investor through directional issue, etc., to jointly build a mobile health cloud platform.

Products & Services

Jiu'an Medical's main products include household physiological parameter testing instruments such as electronic blood pressure monitors and blood glucose meters, and household healthcare devices such as low-frequency therapeutic instruments. Among them, electronic blood pressure monitors are the company's main source of revenue and gross profit, accounting for a large proportion of the company's revenue. In addition, Jiu'an Medical also realizes the integration of hardware and software, online and offline, and inside and outside the hospital through the method of "intelligent hardware + APP + cloud platform" to provide users with a full range of health management services.

Market Competition and Advantage

Jiuan Medical has a competitive edge in the global home medical equipment market. Through continuous innovation and research and development, Jiuan Medical continues to introduce competitive new products to meet market demand. Meanwhile, JiuAn Medical also focuses on cooperation with global well-known enterprises, and continuously improves its competitiveness and market share through strategic cooperation and mergers and acquisitions.

As a globally recognized listed mobile medical company, JiuAn Medical has certain competitive advantages and market share in the field of home medical equipment. In the future, the Company will continue to strengthen its R&D innovation and market development to cope with the increasingly fierce market competition.