微创脑科学2025中期报告

MicroPort NeuroScientific Corporation 2172 2579103443444546485152 Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay Road,Grand Cayman, KY1-1205Cayman Islands 2025627 1661 20256272025627 Vistra (Cayman) LimitedP.O. Box 31119 Grand PavilionHibiscus Way, 802 West Bay RoadGrand Cayman, KY1-1205Cayman Islands 20256272025627 183171712–1716 20256 272025627 20256272025627 5 108 220 741–743 11 56 www.microportneurosci.com 33191922 2172 2022715 2025382.992.720256300.05 1503,6002557 25NUMEN®1301,600 47.167.4%NUMEN®NeuroHawk®X-track®9NeuroHawk®CE MDR8349 2025NUMEN®®NestAISAdvance™™Sheathru™™Cerelmon™™AISFASTTMTMTubridge®TMBridge®MAX 2025630 382.9 (1)67.4% (2) (3) 92.7 (Global Burden of Disease, GBD)7012020402.6%34061112 2021202220252030202582,3007001,600 202512025DRGDIPDRG/DIP2025DRG/DIP90%70% 252025520257 20257 2024 9036031 20251503,6002,0001002557 252025515202547 NUMEN®1301,600NUMEN®NEST®NUMEN®NUMEN®SilkNUMEN®LightingTubridge®501,300Tubridge Plus®2024312025WILLIS®WILLIS®WILLIS®20820 Bridge®2025Bridge®1701,600APOLLO™APOLLO™1002,500 2025NeuroHawk®806002024NeuroHawk®Pass17/21NeuroHawk Medibox™™WAVE-track™WAVE-track™29120X-track®100600 230300 Tubridge®NUMEN®Bridge®NeuroHawk®(ICAS-LVO)ANDAPOLLO™+NeuroHawk®+Diveer®NEXTNeuroHawk®+X-track® 47.167.4%EMEA 8349NUMEN®X-track®EMEANUMEN®NeuroHawk®X-track® 9NeuroHawk®CE MDRNUMEN®NUMEN® 200427124 2025NUMEN®®NestAISAdvance™™Sheathru™™Cerelmon™™AISFASTTMTMTubridge®Bridge®MAX 128 234.15.5% NUMEN®®NUMEN® NUMEN®20209NUMEN® NUMEN®33 NUMEN®MicroFrameMicroFillMicroFinish17720236NUMEN®5mmBMC Surgery5mm NUMEN®®SilkNUMEN®Silk NUMEN®SilkNUMEN®20222CEFDANUMEN®Silk NUMEN®Silk NUMEN®®NestNUMEN®NEST NUMEN®NestNUMEN®+S NUMEN®Nest2130 20256NUMEN®Nest4 Nufairy™Nufairy™ NuFairy™PLGANuFairy™NuFairy™ NuFairy™NUCATCH Tubridge®TMTubridge® Tubridge®Tubridge®2022 Tubridge® 20242Tubridge®Clinical Neuroradiology20247Tubridge®IMPACTSCIJournal of NeurosurgeryTubridge® 20256Tubridge®2.0mm-6.5mmTubridge® Tubridge®TMPlusTubridge Plus® Tubridge Plus®Tubridge®≥4mm≥10mm2.0mm–6.5mm WILLIS®TMWILLIS® WILLIS® Rebridge®Rebridge® Rebridge®Rebridge® Rebridge® 5 115.111.5% APOLLO®TM APOLLO™2004APOLLO™APOLLO™ 2022APOLLO™ Bridge®TMBridge® Bridge®Bridge®Bridge®98%6≥50%3.7%2022 4.0mmBridge®4.55.0mm 2024Bridge-MAX Diveer®®Diveer® Diveer® Safecer®™ Safecer®(CAS)20244 Safecer®3DSafecer®10 PathFinder®™PathFinder® PathFinder®20246 PathFinder®PathFinder®33 8 29.30.8%WAVE-track™ NeuroHawk®™NeuroHawk® NeuroHawk®20222 NeuroHawk®2022NeuroHawk®CE NeuroHawk®™Pass17/21NeuroHawk®Pass17/21 NeuroHawk®Pass17/2120247 NeuroHawk®Pass17/21NeuroHawk®WAVE-track™ AISAdvance™™AISAdvance™™ AISAdvance™™20253 Tigertriever®Tigertriever® Tigertriever®20185CE20213FDATigertriever®2020520238 Tigertriever®1320227FDA Rapid MedicalTigertriever®Tigertriever®13Tigertriever® WAVE-track®™WAVE-track® WAVE-track®WAVE-track®20238 X-track®™X-track® X-track®20224 2024X-track®X-track® NeuroGuard®™NeuroGuard® NeuroGuard®20241 76U-track®™U-track®Fastrack®™QUEEN-track®™Veyronwire™®®Sheathru™™Cerelmon™™ Fastrack®TM Fastrack®0.029”0.027”0.024”0.021”20197 U-track®™U-track® U-track®202012202292024 QUEEN-track®™ QUEEN-track®20236155cmNeuroHawk® Veyronwire™®® ®20238 12060% MDSAP (Medical Device SingleAudit Program) 52250% 1. 2. 3. 382.92024630408.26.2% (1)67.4% (2)WILLIS® 113.210.0%101.9 295.04.7%281.0 73.4%72.3%1.1 48.323.4%37.0 56.142.0%79.7 28.810.3%31.7 20.723.5%25.6 1.68.3%1.5 Rapid Medical20215Rapid Medical Rapid Medical30.0Rapid Medical2025630 30.932.5%20.8 (1) (2)Rapid Medical20215Rapid Medical (3)Rapid MedicalRapid Medical2025630 (1)(2)(3) 20241231157.32025630130.5 (1)(2) 20241231177.02025630351.920241231144.12025630319.7 (1)(2)(3)(4)(5) 20241231213.42025630244.420241231 202563024.7 15.9 20256302025630 2025630Rapid Medical27.5191.9Rapid Medical22.122.3%2025630Rapid Medical42.42.04%Rapid Medical10.877.0Rapid Medical13.1202563030.0Rapid MedicalRapid MedicalRapid MedicalRapid Medical 2025630 2025630561.620241231622.62.914.442.9 20256302024123120256301.4%202412312.2% 20256301,190.6202412311,108.5 2025630 2025630 2025630XV(a)XV78(b)352(c) 1.(i)634,775(ii)744,000 2.(i)218,063(ii)422,000 3.(i)39,177(ii)160,000 1.49,047,6712.6,000,0003.(i)228,851(ii)316,8834.405,6205.597,4616.505,9607.22,791 2025630XVXV78352 20256303365% 1.L2.MP ScientificMP Scientific3.Maxwell Maxcare100.00%Maxwell Maxcare 2025630336 278.1 202462610%1,772,00019,904,260 20256301,772,000 12,208,20011,306,3991,446,00019,904,26018,433,9621,772,000 20232023712 20232023623. 2025630202310.682,445,000 2025630 2.20251120256305,826,5815,826,5812025112025630202353,388,81050,998,810 3.0.004 4. 5.20241(t(ii)) 20228262022826 20256301,132,000 2. 2025630 13.51B(1) 13.51B(1) 13.2013.2113.22 2025630 20256302410 202563020259160.0520259262025926 2025912202591620259111831717121716 2025827 436820256303434 2410