MicroPort<sup>®</sup> Listed Among "2016 National Technology Innovation Model Enterprises"

Shanghai, China – On November 14, Shanghai MicroPort Medical (Group) Co., Ltd. ("MicroPort®") recently received another national award - it was listed among the "2016 National Technology Innovation Model Enterprises" by China's Ministry of Industry and Information Technology and Ministry of Finance, further demonstrating its sustainable innovation capability and industry leading innovation achievements.
 
Since 2010, the Ministry of Industry and Information Technology and the Ministry of Finance annually name several entropies that stand out for their innovation capability and achievements. The nominated enterprises were assessed in aspects of their core competitiveness, leading position, sustainable innovation capability, research and development ("R&D") input, industry leadership, independent brand, ability of new technology application, and innovation and development strategy. In 2016, a total of 69 enterprises were granted the certification and MicroPort® was among the nine medical enterprises that received the award.
 
MicroPort® always keeps in mind that innovation is the driver of future growth. In recent years, the company continuously increases investment in R&D to promote the development of independent brands, and focused on creating a sound environment for innovation and an efficient mechanism to cultivate innovative talents. MicroPort® has built a solid foundation for innovation and achieved fruitful results with several technologies pioneering in China and even the whole world. Up to date, MicroPort® has applied for 1,768 patents, and obtained 767 patents of them. In recent years, MicroPort® was granted several awards for its innovation, such as Key High Technology Enterprise of the National Torch Plan, Key Field Innovation Team of 2013 Ministry of Science and Technology Innovative Talent Training Plan, Shanghai High- and New-Technology Enterprise,Shanghai Science and Technology Little Giant Enterprise. In early 2016, the project "Key Technologies and Industrialization Platform of Minimally Invasive Interventional and Implantable Medical Devices" won the second prize of State Science and Technology Progress Award, which was the third time for MicroPort® to receive such honor in the past eight years. As MicroPort® was listed among the "2016 National Technology Innovation Model Enterprises," it once again showed government's recognition on its sustainable innovation capacity and innovation achievements. In the future, MicroPort® will continue to further consolidate its technology innovation system based on its unique innovation mode, and serve as a role model in technology innovation to help promote the development of China's medical device industry.