JIN MEDICAL INTERNATIONAL LTD. Secures $9.18M In Orders For Innovative Micro-Hyperbaric Oxygen Chamber Equipment From Conlo Industrial Development Co., Ltd.
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JIN MEDICAL INTERNATIONAL LTD. (NASDAQ:ZJYL) has secured orders worth approximately $9.18 million for its innovative Micro-Hyperbaric Oxygen Chamber equipment from Conlo Industrial Development Co., Ltd. The order includes 200 units each of S-type and M-type chambers, with Conlo planning to deploy 20,000 oxygen chambers in the Chinese market over the next three years. The company's CEO, Mr. Erqi Wang, highlighted the breakthrough in medical technology and the trust in JinMed's commitment to healthcare excellence.
December 11, 2023 | 1:48 pm
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POSITIVE IMPACT
JIN MEDICAL INTERNATIONAL LTD. has received a significant order for its Micro-Hyperbaric Oxygen Chamber equipment, indicating potential revenue growth and strengthening its position in the healthcare market.
The substantial order from Conlo Industrial Development Co., Ltd. for JinMed's innovative healthcare products is likely to have a positive impact on the company's short-term revenue and stock price. The strategic collaboration and anticipated deployment of 20,000 oxygen chambers over the next three years suggest confidence in the product's market potential and JinMed's growth prospects. The news reflects positively on the company's innovation and may attract investor interest, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
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