Honghu hip and knee replacement surgery robot independently developed by Minimally Invasive Robot-B (02252.HK) received NMPA marketing approval

Minimally Invasive Robot-B (02252.HK) announced that the Honghu Orthopedic Joint Replacement Surgery Navigation and Positioning System (Honghu Hip and Knee Replacement Surgery Robot) independently developed by the group has officially passed the marketing approval of the National Medical Products Administration (NMPA). It became the first approved domestic hip and knee integrated orthopedic surgical robot equipped with a self-developed robotic arm.

As of the close of trading on September 18, 2023, MicroPort Robot-B (02252.HK) closed at HK$17.5, up 1.16%, with a turnover rate of 0.05%, a trading volume of 504,200 shares, and a transaction volume of HK$8.8212 million. Investment banks have mainly rated the stock as buy. In the past 90 days, a total of 2 investment banks have given buy ratings. The average target price in the past 90 days is HK$28.34. The latest research report from GF Securities gave MicroPort-B a buy rating and a target price of HK$26.69.

See the table below for details of agency ratings:

Minimally Invasive Robot-B has a Hong Kong stock market value of HK$16.47 billion, ranking third in the medical device II industry. The main indicators are shown in the table below:

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