Shanghai INT Medical Instruments Doubles Sales Cap

Shanghai Kindly Medical Instruments Co., Ltd. Class H (HK:1501) has released an update.

Shanghai INT Medical Instruments Co., Ltd. has announced a revision of the annual cap for its 2022 Medical Accessories and Molds Sales Framework Agreement, doubling the cap from 10 million RMB to 20 million RMB for the year ending December 31, 2024. This change comes in light of surpassing the predicted transaction volume, and all other terms of the agreement remain the same. The company’s previous transaction amounts have shown consistent growth, indicating a robust demand for their medical accessories and molds.

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