微创医疗2025 中期报告

(於開曼群 島註冊成立的有限公司)(股票代碼: 00853) ®® ®20,000* 5® * 12,000*® 2 6 26 45 46 47 51 53 PO Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 1601201203 33191922 頴FCG, HKFCG(PE) 頴 1831717121716 www.microport.com 00853.HK40168.HK ® 547.52.2%36.465.9%EBITDA#59.1127.8 59.857.3%100 *8.1*20.6%13.2% 20NMPA44037232 2.1%64.4%FireRaptor®® 3.7%57.9%EBITDA28.5%NEXUS®FDA 1.4%EBITDAICDTEN™NMPA3.0TLBBAP 95.2%17.3%Cratos®NMPATipspear®NMPAHector®3Minos®Hercules®CE 67.4%12.3%1503,6004NMPASheathru™™Cerelmon™™NeuroHawkMedibox™™NUMEN® Nest83499 2.7%235.3%11.9%96.2%TAVI306702,146AnchorMan1890750TAVI20140Alwide Plus®CEVitaFlow Liberty® 77.0%188.6%58.9%42.8%150®90®60®503016®4NMPA ® DRG/DIP 547.52.2% 36.465.9%EBITDA59.1127.8 –14.5%8.120.6%13.2% –26.1 44020NMPA37232 59.857.3% PCI PCI2025 88.22.1%64.4% –10.2%EMEA8.0%12.1%39.8%(EuroPCR 2025)FireRaptor®® –38.3%20.7%Firesorb®30FireRaptor®®30Firelimus®®24 ™STEMI 124.03.7%57.9%EBITDA28.5% –3.8%EMEA1.1%4.3%SkyWalker®®Evolution®SkyWalker®®Evolution®NEXUS®FDA –2.8%171.0%27.9%Evolution®MPX™™NMPAFDA LBBAPRVP3+NICD EBITDA –LBBAP1.5%LBBAPICDCRT-D4.6%Mix & MatchCELBBALIZEA™BOREA™CELEA™SmartView Connect™LBBAPCEMRILBBAPFLEXIGOTMFDAVEGA™ MLBBAPPOLARISFLEXIGOTMLBBAP1SonR®CRT-DPIANO –1.0%MRIICDICD1,4001.5T/3.0TMRIENO™24ICD19Vega™MRIBonaFire™2417TEN™NMPA3.0T3.0T MRI 99.69.2%95.2%17.3% –2,70031Castor®Minos®Reewarm®PTXTalos®Fontus®Hector®Cratos®NMPATipspear®NMPAHepaFlow®TipsFinderSphere®/FluentSphere®HawkMaster™Fishhawk®Aegis®SunRiver™SeaNet™ –95.2%17.3%54511265CECastor®27Minos®27Hercules®Low Profile27Cratos®9Talos®Aorfix™19Minos®Hercules®CEHector®3 (Global Burden of DiseaseGBD)7025 53.36.2%67.4%12.3% –NUMEN®Tubridge®WAVE-track™1503,6002,00025NMPASheathru™™Cerelmon™™NeuroHawkMedibox™™NUMEN®NestTubridge®Bridge®MAXNMPA 67.4%3447.6%EMEA125.1%NUMEN®145.8%9NeuroHawk®CENUMEN® (TAVI)(TMV)(TTV) 2024TAVITAVITAVI 31.92.7%235.3%11.9%0.496.2% –TAVI306702,146AnchorMan®™AnchorMan®AnchorMan®1890750100%TAVIVitaFlow Liberty®FlexNMPATAVI –TAVIVitaFlow Liberty®VitaFlow Liberty®CETAVI250VitaFlow®TAVI20140CE150AnchorMan®CECE-MDRNMPAVitaFlow Liberty®AnchorMan®Alwide®PlusAlwide®PlusCE 24.577.0%188.6%58.9%42.8% Toumai®®®8060®1816®60%SkyWalker®®®105535®2,5007525R-ONE® Toumai®SP®SPNMPA®DFVision®®Toumai®®®NMPA®1030®Health Canada10®CENMPA ®OneClick61032294655G5G400100%50®FDA-IDE 20NMPA44037232 NMPAFirelimus®®TomaHawk®®3.0TMRITEN™Cratos®™Tipspear®™Toumai®SP®SPToumai®®Sheathru™™Cerelmon™™NeuroHawk Medibox™™Numen®Nest TomaHawk®®BonaFire®™Anchorman®™ 250 33.651.1% 59.857.3%188.6%67.4%95.2%235.3% 6,2871,69727% 115 1 2®®34 2.2%2.0%49.5% 547.5558.72.0%2.2% 88.22.1%4.2% 2.2% 114.11.4%0.7%(i)LBBAP(ii)1.0% 99.69.2%10.0%(i)Castor®Minos®ReewarmPTX®Talos®Fontus®(ii) 53.36.2%7.1%(i)67.4%(ii)(iii) 31.92.7%1.8%(i) VitaFlow Liberty®Alwide®Plus2024235.3%(ii) AnchorMan®AnchorMan® 24.577.0%75.3%(i)®(ii)®(iii) R-ONE® 6.542.8%41.5% 23.352.7%53.1% 239.0228.14.7% 330.66.7%308.659.2%56.4% 115.037.3%72.1 156.24.9%148.6 83.81.2%82.8 54.812.4 48.421.8%59.0 6.6256.1%23.4 20.216.9 106.736.4EBITDA59.1127.8 764.5713.0(i)(ii)(iii) 1,682.91,597.185.868.5%68.7% 550.2558.3 24.111.8 38.0(i)(ii)(iii) 560.9200.0(i)(ii) XVXV78352C3 (1)Jonathan W Chen (2)(i)161,290(ii)6,300 XVXV78352 XV23336 (1)Otsuka Medical Devices Co., Ltd.Otsuka Medical Devices Co., Ltd. (2)We’Tron Capital Limited 100%We’Tron Capital Limited3,299,119 (3) 2 (4)Shanghai Zhangjiang Scienceand Technology Investment Co.100%Shanghai Zhangjiang Science and Technology Investment Co.100%Shanghai ZJ Hi-tech Investment Corporation50%Shanghai ZhangjiangHi-Tech Park Development Co., Ltd.50.75%Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd.Shanghai Zhangjiang Haocheng VentureCapital Co., Ltd.100%Shanghai Zhangjiang Haocheng Venture Capital Co., Ltd.Shanghai (Z.J.) Holdings Limited100%Shanghai (Z.J.)Holdings LimitedShanghai ZJ Hi-Tech Investment Corporation 50%Shanghai ZJ Hi-Tech Investment Corporation100%151,748,050 XV23336 C3 10%140,411,23410%30% 121% (i)(ii)(iii) 70,769,3403.82% 1,736,355,940173,635,59410% 121% 1.00 30% 67,368,5093.64% 1717 10% 2% 1,833,465,053183,346,50510%9.64%36,669,3012%1.93% (12)1% 1.00(21) (i)(ii)(iii)(iv)(12)(v) (i)(ii)(5)(iii) 152,541,5958.348.613,408,5023,700,00037,372,0922.01%145,433,09334,885,287 7,108,5029.51% 1(w)(iii) 17 10%1% 12 263,876,166989,4970.05%0.05% 28(b)(i)1(w)(iii) C1 C.2.1 Jonathan W Chen 2410 13.51B(1) 13.51B(1) 20 J.P. Morgan Securities plcCitigroup Global Markets LimitedMerrillLynch (Asia Pacific) Limited2205.75%12.7790134,537,6017.3%6.8%1,345.3811.561,555.2512.58216.640168 (a)(b) 2.We’Tron Capital Limited 100%We’Tron Capital Limited3,299,119 HFTY I Holdings Pte. Ltd.HFTY II Holdings Pte. Ltd.HFTY III Holdings Pte. Ltd.Jumbo Glorious Limited1505.75%502001507.46157,409,5178.58%7.90%7.46209,879,35611.44%10.27%1,574.095171,065.662,098.793561,420.886.77145.08195.087.21517.2763700 50 (a)(b) 2.We’Tron Capital Lim