Securities code: 301087 securities abbreviation: Cofoe Medical Technology Co.Ltd(301087)
Cofoe Medical Technology Co.Ltd(301087)
Record of investor relations activities
No.: 2022-004
Investor relations activity category □ specific object research □ analyst meeting
□ media interview □ performance briefing
□ press conference □ Roadshow
□ site visit
\uf0a3 others
Name and personnel of participating units Haitong Securities Company Limited(600837) Yu Wenxin, He Wenbin, Peng Ping and Zhang Jiaqi; Hua’an fund Liu Xiao; Name of huitianfu Fund: Liu Weilin; Cathay Pacific Foundation.
Time: January 27, 2022
Location Cofoe Medical Technology Co.Ltd(301087) conference room
Receptionist of listed company surnamed chairman / president Zhang Min
Director / Vice President / Secretary Xue Xiaoqiao
1. How does the company view the channel changes and development prospects of the medical device industry in the future?
A: with the continuous promotion of the construction of a healthy China and the continuous improvement of medical and health service capacity, the health literacy level of Chinese residents has been steadily improved under the publicity and education of doctors and all sectors of society, and the medical industry is gradually transitioning from treatment to rehabilitation and prevention, The field of medical devices is slowly showing the development trend from medical devices to personal medical devices.
At present, the proportion of personal medical devices in the whole medical device industry in China is still relatively low. In the future, with the strong support of national policies, the acceleration of population aging, the upgrading of residents’ consumption and family medical care, investor relations activities will become more and more important
Popularization, in the common promotion and development of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) channels, China’s personal medical device industry will still burst out with content introduction
More vigorous power.
2. How will the company carry out category expansion plans in the future?
A: in terms of R & D mode, the company adheres to market demand-oriented and technological innovation driven. Through long-term tracking of changes in medical device terminal market and consumer demand in different regions and periods, the company has established a large database of medical devices, which can accurately judge the development trend of the industry and accurately locate R & D projects, More targeted product planning, performance design, brand pricing and promotion, and the R & D achievements can be transformed quickly. In the second half of 2021, the company has successively launched a variety of blood glucose monitoring products, Helicobacter pylori detection products, etc. this year, the company will also launch oximeters, ECG monitors, ventilators, new oxygen generators and new products
At the same time, electric wheelchairs, walking aids and other products will be produced independently next year to expand production capacity. With the help of the company’s online and offline channel advantages, it is expected to realize the rapid growth of relevant categories.
3. What is the actual market space of hearing aid industry?
A: against the background of the aging population and the increase in the number of hearing impaired people, the demand for hearing aids in China has increased steadily, and the market scale has increased rapidly. Compared with developed countries such as Europe and the United States, the penetration rate of hearing aid products in China has been relatively low, mainly due to the consumption concept, consumption capacity and the low coverage of hearing aid fitting stores in China. With the development of China’s economy, the improvement of residents’ income level, and the post-60s population entering the ranks of the elderly, they have higher and higher consumption ability and requirements for living goods. In the future, the development space of China’s hearing aid market is very broad.
4. How does the company enter the hearing industry and how to carry out consumer education in the future?
A: in 2011, the company established the first professional hearing aid fitting center, and then successively set up a number of hearing aid fitting centers. In 2018, the company established a wholly-owned subsidiary, Hunan Jianer hearing aid Co., Ltd., which operates Jianer hearing as a separate brand. Based on the company’s strategy and optimistic about the future development prospect of the offline hearing aid fitting center, the company accelerated the national store layout plan in order to quickly occupy the market.
In the future, the company will also cooperate with medical institutions, government departments and other aspects to carry out academic conferences, expert lectures, public welfare activities and other activities to popularize hearing health knowledge, so that more people can understand the causes of hearing loss, use their ears safely, prevent deafness, let hearing loss patients wear hearing aids correctly, and jointly promote the development of hearing industry in China.
Annex list (if any) none
Date: January 27, 2022
