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Jin Medical International
IPOZJYL.NASDAQPast

Jin Medical International

Care and medical supplies

Company website ↗
Foundation year: 2006
IPO date
27/03/2023

About

Jin Medical International Ltd. is a Chinese holding company registered in the Cayman Islands. Its business in China operates in the segment of goods for people with disabilities, elderly people, and recovering patients with limb injuries.

The company produces personal mobility aids, motorized strollers for walks, specialized wheelchairs for patient transport in hospitals, shower cabins for bedridden patients, oxygen concentrators, and walkers. The demand for such equipment is growing against the backdrop of an aging global population, and Jin Medical expects long-term sales growth.

The sale of motorized wheelchairs accounts for the overwhelming majority (97-99%) of Jin Medical's revenue. The company's main markets are China and Japan, with small amounts also sold in the United States, Australia, Canada, and other countries.

Japan is a key market for Jin Medical's premium products. Over 25% of the population in Japan is aged over 65, and this percentage is expected to increase to 40% by 2060. In China, the number of elderly people has been increasing at an average rate of over 6% per year in recent years.
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Number of employees: 250-500
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Headquarters location: Changzhou, China.

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+992 918 138 895

Calls within Tajikistan are free

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