SPINEX Medical Wins First Prize at the 2024 Pudong New Area "Pearl Cup" Entrepreneurship Competition!

With Innovation as the Core, Facilitating New Breakthroughs in Precision Medicine

Competition-Based Evaluation, Cultivating the Fertile Soil of Pudong Innovation

As an important selection channel for the Pudong New Area "Pearl Plan", the "Pearl Cup" Entrepreneurship Competition adopted the "competition-based evaluation" mechanism for the first time, breaking the traditional review model and discovering high-quality projects through practical competition. SPINEX Medical's award means that the company's founder and team will be directly selected into thePudong New Area "Pearl Leading Talent (Entrepreneurship)" recommended list, and simultaneously receive all-round "real money" support.

Focusing on Precision Medicine, Rooted in Pudong's Biomedical Highland

The competition focused on the three key industries of integrated circuits, biomedicine and artificial intelligence. SPINEX Medical's award-winning project precisely matches Pudong's strategic direction of building a "world-class biomedical industry cluster". Relying on its self-developedprecision diagnostic technology platform, the company is committed to providing efficient, low-cost individualized diagnosis and treatment solutions for fields such as bone digital-intelligent health, highly coordinated with Pudong New Area's industrial layout in biomedicine and precision medicine.

In recent years, Pudong New Area has provided "policy + capital + scenario" full-chain support for biomedical enterprises through the "1+1+N" talent policy system and the state-owned venture capital fund matrix (such as the Pudong Angel Fund of Funds and the Pearl Talent Seed Fund). SPINEX Medical will fully leverage Pudong'sindustrial resource networkto accelerate the translation of technological achievements, and carry out in-depth cooperation with research institutions and Class IIIA hospitals in the district to jointly build a precision medicine ecosystem.

Competition-Investment Linkage, Opening a New Chapter of Development

The "Pearl Cup" Competition pioneered the "competition-investment linkage" mechanism, providing early-stage technology innovation projects with a direct path "from the competition arena to the market". SPINEX Medical has entered thePudong Venture Capital Group key tracking project list, and in the future will receive all-round support through the "five-give" policy (give policies, give investment, give space, give scenarios, give services), including:

• Scenario Opening：prioritizing connections with application scenarios such as Pudong medical institutions and industrial parks;

• Capital Support:leveraging co-organizers such as Zero2IPO Entrepreneurship and SPD Bank to expand financing channels;

• Talent Support:enjoying exclusive services under the "Pearl Plan" such as talent apartments and children's education, attracting top global research talents to join.

Gratitude and Moving Forward, Co-Building the Future of Medical Technology

This award is a milestone in SPINEX Medical's development and the starting point of a new journey. We sincerely thank the Pudong New Area government, the competition judges and partners for their recognition, and are grateful for the full efforts of our team members. In the future, SPINEX Medical will:

1. Accelerate Technology Implementation: relying on Pudong's policy dividends to promote the R&D and commercialization of core products;

2. Deepen Industrial Collaboration: joining hands with biomedical enterprises in the district to jointly build a precision medicine innovation consortium;

3. Expand Global Vision: linking overseas top talents and resources through the Global Talent Partner (GTP) program.

Let innovation be guided by original aspiration, and win the future through solid work!

SPINEX Medical will take root in this fertile land of Pudong, safeguard life and health with the power of technology, and contribute wisdom and strength to Shanghai's construction of a "high-level talent highland" and a "global biomedical innovation source"!