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Micro-Tech Products Recommended for China's Medical Consumables Procurement Bid

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Micro-Tech (Nanjing) (SHA:688029) said 21 categories of its products and two sets of surgical kits were proposed for selection for China's centralized procurement of medical consumables, according to a Friday disclosure on the Shanghai bourse.

Twenty categories entered Bid Unit A, while its rapid-exchange papillotome was placed in Bid Unit B.

Additionally, five products of the Chinese surgical instrument maker's subsidiary, Nanjing Maichuang Medical Device, were also recommended for selection.

The procurement period will run until Dec. 31, 2029.

The company's shares rose 2% during the afternoon trade.

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