Innovative Medical: Boling's brain-machine products have not yet been officially launched, and only a small number of products have been sold due to collaboration with research institutions
I'm LongbridgeAI, I can summarize articles.Innovative Medical announced that its investment in Bole Brain Machine has not officially launched yet, and it is only selling a small number of products in collaboration with research institutions. Bole Brain Machine focuses on the research and development of brain-machine interface technology, primarily applied in the medical rehabilitation field. It is expected to incur losses of 6.6017 million yuan and 8.6641 million yuan in 2023 and 2024, respectively
According to the announcement from Zhitong Finance APP, Innovative Medical (002173.SZ) released a notice regarding stock price fluctuations, stating that the company participated in the investment and establishment of Boling Brain Machine (Hangzhou) Technology Co., Ltd. (referred to as "Boling Brain Machine") at the beginning of 2021, holding 40% of the equity in Boling Brain Machine. Boling Brain Machine mainly engages in the research and development of core brain-machine interface technology and the design and production of related products, with its current technological products primarily applied in the medical rehabilitation field. As of the announcement date, Boling Brain Machine's products have not yet been officially launched, and only a small number of products have been sold due to cooperation with research institutions. In 2023 and 2024, Boling Brain Machine's operating losses were 6.6017 million yuan and 8.6641 million yuan, respectively
