Jin Medical International Ltd. Empowers "Lao Le Hui" Assisted Bathing Project With Portable Nano-Thermal Therapy Bath
Portfolio Pulse from Benzinga Newsdesk
Jin Medical International Ltd. (NASDAQ:ZJYL) has announced its portable nano-thermal therapy bath has been selected for the 'Lao Le Hui' Assisted Bathing Project in Shanghai, aimed at serving 100,000 elderly individuals. The company will provide 1,000 sets of this equipment, which uses nano-water particle thermal therapy technology to offer a comfortable bathing experience without immersion. The project, supported by various partners, will also train 2,000 bathing attendants and aims to enhance elderly care services.
December 13, 2023 | 1:41 pm
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JinMed's portable nano-thermal therapy bath has been chosen for the 'Lao Le Hui' Assisted Bathing Project, which could enhance the company's reputation and potentially increase sales of its bath products.
The selection of JinMed's product for a significant elderly care initiative in Shanghai is likely to have a positive impact on the company's stock in the short term. The project's scale and the provision of 1,000 sets of equipment could lead to increased visibility and potentially higher sales, which investors may view favorably. The company's involvement in a philanthropic endeavor also enhances its corporate image, which can contribute to positive investor sentiment.
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