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2252 — Shanghai MicroPort MedBot (Group) News Story

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Shanghai MicroPort jumps on breakthrough in core product installation

BUZZ-Shanghai MicroPort jumps on breakthrough in core product installation

** Shares of Shanghai MicroPort MedBot 2252.HK jump 10% to HK$23.98, on track for the biggest one-day pct gain since June 17

** Stock of the China-based surgical robots maker, with a market capitalisation of $3.12 billion, touches the highest point since June 24, snapping two sessions of decline

** Company said its core product Toumai Laparoscopic Surgical Robot, which received over 300 commercial orders worldwide, completed its 200th commercial installation worldwide in Spain's medical institution HM Hospitales

** The dual milestone breakthroughs in the commercial orders and installations mark the accelerating maturity of Toumai's global clinical ecosystem, real-world application system, and remote collaboration network - co

** YTD, stock down 2.4%, benchmark Hang Seng Index .HSI down 9.7%

($1 = 7.8416 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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