Daily output doubled! The supply of oximeters decreased, Yuwell Medical said that the product price increased due to the cancellation of discounts
The market price of the oximeter continues to receive attention. On January 2, Yuwell Medical responded to investors on the investor interaction platform, stating that there is currently no price increase for oximeter products, and the company has canceled discounts and rebates due to cost increases. .
Behind the heated discussion on the price of oximeters, Shell Finance journalists noted that the low supply of oximeters has recently eased. On December 29, 2022, the Ministry of Industry and Information Technology said it had organized industry and information authorities and manufacturing enterprises in Beijing, Hebei, Jiangsu, Shenzhen and other places to increase production and the provision of finger clip pulse oximeters. units increased to more than 250,000 units.
Yuwell Medical responds that the low supply of pulse oximeters has eased behind the price increase
Netizens broke the news that Yuwell’s oximeter of the same model was actually sold for 94 yuan at the 88th Shopping Festival on the official website last year, but recently it rose to 299 yuan, which prompted Yuwell Medical, which he hadn’t received much attention, in the spotlight. In this regard, according to media reports, Yuwell Medical’s relevant staff once replied that the price was set by the merchant himself.
However, the business license name of its official Taobao flagship store is Jiangsu Yuyue Network Technology Co., Ltd., which is a wholly-owned subsidiary of Jiangsu Yuyue Medical Equipment Co., Ltd.
On January 3, a reporter from Beijing News Shell Finance searched and found that the finger clip oximeter products in the two links of Yuyue Medical’s Taobao flagship store all showed 7-day delivery in presale, and the prices of the three different models were all 299 yuan. In the product review area of its Taobao flagship store, many netizens who bought the product commented that the current price of the product is much higher than their (previous) purchase price. Many netizens broke the news that its original purchase price ranged from 139 to 179 yuan.
In the “Ask everyone” under the Taobao Yuyue official flagship store oximeter product, consumers said that the price of Yuyue oximeter products has increased.
Yuwell Medical’s 2022 semi-annual report shows that the company’s home electronic testing and in vitro diagnostics business in the first half of the year increased by 7.38% compared to the same period last year. the market share of its main products, electronic blood pressure monitors, continue to increase. The product performed well.
On January 2, Yuwell Medical responded to investors on the investor interaction platform, stating that there is currently no price increase for oximeter products, and the company has canceled discounts and rebates due to cost increases. .
From 94 yuan to 299 yuan, is the price of Yuwell Medical’s oximeter too high? Is it due to cost increases? What about the prices of other brands of oximeters?
Libang Instruments said the company’s domestic finger pulse oximeter is mainly sold by Libang Smart Health, a subsidiary holding company, and its terminal market price is about 200 yuan.
On December 28, 2022, Beijing News reporter Shell Finance explored Ali Health Pharmacy and found that there were 6 products that could be found, with prices ranging from 199 yuan to 450 yuan. Among them, an oximeter product marked as in stock shows that it is out of stock, and a product that shows that it cannot be purchased in Beijing. The current Oggs medical oximeter product with a price of 188 yuan is a pre-sale product and will be shipped within 5 days from payment. , When Shell Finance reporters asked about the remaining product delivery products, they were told that they would arrange as soon as possible after placing the order, and the actual logistics information shall prevail.
By January 3, the reporter found that the current shortage of pulse oximeters had eased. The reporter searched Ali Health Pharmacy again that day and found that the searchable oximeter products increased to 16, and of these, 13 can be ordered in Beijing. However, some expensive items cannot be ordered, and it displays “This item is temporarily unavailable for purchase”.
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Behind the ease of product supply tension is that relevant departments are organizing related companies to expand production capacity and secure supply.
On December 29, 2022, the Ministry of Industry and Information Technology said in an online press conference on “Safety of Main Medical Materials for Epidemic Prevention and Control” that it had organized the industry and information and production enterprises in Beijing, Hebei, Jiangsu, Shenzhen and other places to increase The production and supply of finger clip pulse oximeters, the daily output increased from 115,000 units in early December to more than 250,000 units.
On Jan. 3, a Shell Finance reporter searched the oximeter’s registration status with the State Food and Drug Administration.
The reporter noted that there are currently 77 oximeter-related products information registered for home medical devices, including finger clip pulse oximeters, pulse oximeters, pulse oximeters and temperature, and most of them can meet the requirements at the same time. Medical institutions and families measure blood oxygen saturation and heart rate on the human body.
Among the A-share listed companies, in addition to Yuyue Medical, other companies that produce oximeters include Apeng Medical, Aojiahua, Kangtai Medical, Libang Instruments, Jiuan Medical and Biolight. Due to the complexity of the business and the wide variety of products, the contribution of oximeters to the performance of publicly traded companies is small or difficult to assess. Among them, Kangtai Medical’s performance is greatly affected by blood oxygen products. In the first half of 2022, the operating income of the company’s blood oxygen products was 154 million yuan, accounting for the 46.39% of revenue in the first half of the year. In addition, the company’s blood oxygen product revenues in the first half of the year decreased 45.32% year-over-year, and total revenues decreased 35.5% year-over-year during the same period .
Recently, related lists have also been actively stating that they are expanding production in large quantities. On January 3, Kangtai Medical said on the investor interaction platform that the company had accumulated a large number of orders in the past, and the company continued to expand production capacity according to the order situation and production capacity. daily delivery of (oximeter) has been increased to 150,000 units/set Delivery, new orders have started to be scheduled for delivery, and the company is working overtime to produce and do its best to secure market supply. And once said on Dec. 28, 2022 that the company’s current daily output of oximeters exceeds 100,000 units/sets, and the follow-up company will continue to expand production capacity according to market orders and demand, and will do try its best to meet the needs of the orders .
On December 28, 2022, Jiu’an Medical also said on the investor interaction platform that sales of oximeters have increased recently, and the company is also paying attention to market changes, making every effort to ensure the orderly progress of the production and striving to meet the market demand.
Libang Instruments pointed out in a recent investor survey that with the further liberalization of the national epidemic prevention and control policy, the company’s household finger pulse oximeters are in high demand, and the company is currently actively expanding production capacity for meet market demand.
Beijing News Shell Finance reporter Ding Shuang, editor Chen Li, proofreader Liu Baoqing
