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Shanghai, China – On January 9, MicroPort Endovascular (Shanghai) Co., Ltd. ("MicroPort? Endovascular"), the subsidiary of Shanghai MicroPort Medical (Group) Co., Ltd. ("MicroPort?"), was awarded the title of "2016 Shanghai Specialized, Sophisticated, Distinctive, Innovative Small- and Medium-sized Enterprises ("SMEs")" by Shanghai Municipal Commission of Economy and Informatization.

China's SMEs can only achieve transformation and upgrading by becoming specialized, sophisticated, distinctive and innovative. Thus, every year, Shanghai government names several companies with large development potential the "Specialized, Sophisticated, Distinctive, Innovative SMEs." "Specialized" requires the SME to be dedicated to its core business and ranking top 10 in its market segment in China. "Sophisticated" refers to sophisticated production, management or service of the company. "Distinctive" means the awarding enterprise should have some distinctive, unique features or products. "Innovative" stands for innovative technologies or management, which produces new competitive advantages for the SME. This honorable title will win SMEs more support for the weak links in its development in terms of technological innovation, market expansion, brand establishment and company management.

MicroPort? Endovascular was respectively founded in 2012 in Shanghai. Its device is widely used in China's top hospitals and has been exported to many overseas countries and regions. The subsidiary was listed as "2016 Shanghai Science and Technology Little Giant Enterprise (for Cultivation)" and selected as the first company honored 2015 Shanghai High- and New-Technology Enterprise. The title of "2016 Shanghai Specialized, Sophisticated, Distinctive, Innovative SMEs" once again signifies the government's recognition on the innovative achievement of MicroPort? Endovascular, which will definitely fuel its motivation for growth and development. In the future, the company will further increase its R&D input, enhance its innovation capability, strengthen its core competitiveness, and broaden its domestic and international markets, to create competitive and highly recognized brands and products and drive its developments.