In April 2024, our professional electric wheelchair manufacturing company participated in the 89th China International Medical Equipment Fair (CMEF) in Shanghai. As the global "weather vane" of the medical industry, this fair themed "Innovative Technology, Intelligent Future" provided an ideal platform for us to connect with the industry and showcase innovations. During the four-day exhibition, we highlighted our core products featuring lithium battery long endurance, lightweight materials, and intelligent control systems—technological advantages aligned with the industry's development trend. Our booth attracted extensive attention from visitors, including domestic medical institutions, distributors from over 25 countries and regions, and procurement teams of elderly care institutions. We conducted in-depth negotiations with more than 40 potential partners, and 15 of them reached preliminary cooperation intentions, involving regional agency and customized product development.
More importantly, the fair enabled us to capture the latest market demands. Domestic customers, driven by the deepening aging trend, emphasized the need for foldable designs suitable for home use and IoT-based remote monitoring functions. Overseas clients focused on compliance with international standards and multi-language operation interfaces. These targeted feedbacks will directly guide our product optimization.
Additionally, participating in CMEF significantly boosted our brand influence. By interacting with industry peers like Xilong Health and Yuyue Medical, we showcased our R&D strength and enhanced brand recognition in the domestic and global markets. We also gained insights into competitors' dynamics and the industry's shift toward intelligence and localization, providing valuable references for our strategic adjustment.
In summary, the 2024 Shanghai CMEF was highly rewarding. It brought us tangible cooperation opportunities, deepened our market understanding, and strengthened our brand position. We will integrate the collected demands into product upgrades and seize the policy dividends of medical equipment updates to expand our market share.
