Lexin Medical is listed on the GEM: helping the family wearable medical equipment field

Home medical equipment manufacturers Le Heart Medical has received approval of the SFC recently listed on GEM, while direct pricing issue.

In recent years, Music has become the fifth and second largest wearable device manufacturer in the world: IDC released the "2016 Q2 Global Wearable Market Report", indicating that Lexin Medical ranked fifth in the world with 1 million shipments. In the quarterly report of China's wearable device market, Lexin Medical's domestic market share is second only to Xiaomi, accounting for 10.8%.

According to the information, Guangdong Lexin Medical Electronics Co., Ltd. is a home medical health electronic products and medical health platform technology provider, mainly providing electronic weighing scales, electronic blood pressure monitors , wearable sports bracelets and other home testing medical equipment. The company was formerly known as Zhongshan Chuangyuan Electronics Co., Ltd., and now has three companies: Lexin Medical Electronics (Shenzhen), Chuangyuan Sensor (Zhongshan) and Chuangyuan Trading (Zhongshan).

According to the prospectus, the main model of Lexin Medical is overseas ODM and domestic brand sales.

At present, Lexin Medical has reached cooperation with many well-known brand customers, including German LEIFHEIT, American TAYLOR, UK HOMEDICS, French WITHINGS and other companies. According to Lexin Medical, the company has strong R&D design and quality control capabilities, which can effectively meet the needs of foreign brand customers; and foreign customers have higher requirements for products, which is conducive to improving the ability to control product quality; In the path of broadening international business, ODM enables companies to enter the international market faster and obtain reasonable profits while reducing business risks.

In the prospectus, Lexin also mentioned the risk of the ODM model. “This model is independently developed, designed and produced by the company, but it does not use its own brand sales. It still belongs to OEM production, and its gross profit margin is lower than its own brand. ."

Most of Lexin Medical's business revenue sources are derived from ODM export. Lei Feng.com estimates from the domestic market marketing volume, and the ODM model accounts for more than 92% of Lexin Medical's revenue sources. During the reporting period, the company's export revenue compound growth rate reached 24.57%, and has a certain bargaining power.

Disposable Long Arm Colored Veterinary Gloves

Colored Veterinary Gloves,Shoulder Tight Veterinary Gloves,Disposable Pe Gloves,Transparent Colored Long Arm Glove

Jinan Mucho Commercial Inc. , https://www.muchovet.com