According to the CICC Research Report, we have sorted out the stock prices and performance of the US medical device sector since this year. We are optimistic about short-term repairs, and we are still waiting for high-potential products in the future. At the short to medium term level, we believe that weak stock prices in the equipment sector diverge from solid fundamentals. The sector's valuation has bottomed out, and we are optimistic about short- to medium-term recovery opportunities in the equipment sector. On a long-term basis, we think we still need to wait for major products to emerge. At this stage, it is recommended to focus on booming segments such as electrophysiology, structural heart disease, complex vascular intervention, surgical robotics, and neuroscience.

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