Tianyi Medical: planned to have 7170 sets of medical equipment confiscated and fined 8.7852 million yuan.

Tianyi Medical announced that the company has received an "Administrative Penalty Notice" from the Market Supervision Administration of Ningbo City. The company is suspected of organizing the production of extracorporeal circulation blood circuits for Class III medical devices, blood purification devices, without following the registered product technical requirements. After accepting some of the company's defense opinions, the regulatory authorities plan to re-issue an administrative penalty: confiscation of 7,170 sets of illegally manufactured medical devices and a fine of 8,785,180.72 yuan. The company stated that the notice received this time is only an information document, and the final result is subject to the formal decision. The relevant matters will not lead to the company triggering major violations and mandatory delisting situations. As of the date of the announcement, the company's production and operation are normal and orderly, and will strengthen compliance management and timely disclosure of progress.