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on the evening of september 22, david medical announced that chen yunqin, the company's founder, controlling shareholder, and one of the actual controllers, died on september 20 due to illness. he was 82 years old.

82-year-old founder dies

david medical announced that the company had received a notice from chen yunqin's family that chen yunqin passed away on september 20 at the age of 82 due to illness.

public information shows that chen yunqin was born in 1942. he previously served as director and vice chairman of david medical, and also served as president of ningbo medical device industry association and vice president of zhejiang medical device industry association.

as of the end of june 2024, chen yunqin is the second largest shareholder of david medical, holding 21.12% of the shares. according to david medical, chen yunqin, chen zaihong and chen zaiwei are father and son, and are the actual controllers of the company.

source: david medical 2023 annual report

david medical announced that chen yunqin's shares in the company will be handled in accordance with relevant laws and regulations. the company will fulfill its information disclosure obligations in a timely manner based on the progress of subsequent matters.

gaining an advantage in the domestic medical device segment

david medical announced that as the company's founder, chen yunqin has always adhered to the business philosophy of "leading in innovation, ensuring quality and quantity, thrifty entrepreneurship, and harmonious development", leading the company's employees to be brave in exploration, hard work, hard work, and innovation. at different times, he has always been able to make correct decisions on the company's strategy based on changes in the situation, with foresight and foresight, so that the company can gradually grow and develop.

according to the official website, david medical was founded in 1992. it is a national high-tech enterprise integrating independent research and development, production and sales. it is also the first listed company in the infant care equipment segment of the domestic medical device industry to successfully land on the shenzhen stock exchange's growth enterprise market.

it is reported that david medical has gradually transformed into a platform-type medical device company covering two major fields: pediatric childcare equipment and minimally invasive surgical instruments. among them, david medical's pediatric childcare equipment business achieved operating income of 358 million yuan in the first half of 2024, accounting for 59.05% of the main business income.

in the first half of 2024, david medical's operating income was 266 million yuan, a year-on-year decrease of 16.23%; net profit attributable to shareholders was 46.5261 million yuan, a year-on-year decrease of 49.31%.

as of the close of september 20, the total market value of david medical was 2.822 billion yuan.