Company Profile
Cofoe Medical Technology Co., Ltd. (Chinese: 可孚医疗科技股份有限公司) is a China-based manufacturer of home medical devices and rehabilitation products, headquartered in Yuhua District, Changsha, Hunan. Founded in 2009 by Zhang Min, the company was listed on the Shenzhen Stock Exchange ChiNext Board (301087) in October 2021. Cofoe operates the Cofoe flagship brand alongside Jianer Hearing (健耳听力) hearing aid centers and Haohushi (好护士) retail stores, serving consumers through omnichannel distribution across China and expanding global markets.
Core Products ＆ Technologies
Rehabilitation Aids ＆ Mobility
• Posture Correction ＆ Orthotics: Posture correction belts, back braces, and spinal orthosis products
• Hearing Aids ＆ Audiology: Smart digital hearing aids and professional fitting services through Jianer Hearing network
• Mobility Assistance: Wheelchairs, nursing beds, walkers, rollators, and patient transfer lifts for elderly and disabled care
Health Monitoring ＆ Diagnostics
• Blood Glucose ＆ Uric Acid Monitoring: Dual-function test strips and meters for diabetes and gout management
• Vital Signs Monitors: Electronic blood pressure monitors, pulse oximeters, preheating thermometers, and fetal heart rate monitors
• Home Test Kits: Ovulation tests, pregnancy tests, and other point-of-care diagnostic strips
Respiratory Support ＆ Medical Care
• Intelligent Connected Ventilators: Self-developed smart respiratory devices with IoT connectivity
• Respiratory Therapy Devices: CPAP/BiPAP machines, nebulizers, and oxygen concentrators
• Medical Nursing Products: Wound care, incontinence care, and disposable medical supplies
Traditional Chinese Medicine ＆ Wellness
• Therapeutic Equipment: TENS units, infrared therapy devices, acupuncture equipment, and moxibustion products
• Wellness Accessories: Massage devices, cervical traction, and thermal therapy products
Market Position ＆ Certifications
Cofoe holds a leading position in China's domestic home medical device market, competing with Yuwell Medical, Sannuo Biotech, Omron Healthcare, Philips Healthcare, and ResMed. Key strengths include:
• 15+ years of home healthcare industry heritage
• Omnichannel dominance: Online sales account for the majority of revenue with deep e-commerce integration; offline network covers pharmacy terminals and self-operated retail stores
• Regulatory compliance: NMPA Class II and Class III registrations, ISO certified manufacturing, and CE marked exports
• Vertical integration: In-house R＆D, production, and brand operation with extensive SKU product portfolio
• Global expansion: Overseas revenue grew significantly; advancing Hong Kong IPO for international growth
Corporate Timeline
2007 — Zhang Min founded Haohushi medical retail store in Changsha
2009 — Cofoe Medical Technology established; launched Cofoe brand
2014 — Pioneered e-commerce strategy by opening flagship store on Tmall
2021 — Listed on Shenzhen Stock Exchange ChiNext Board (301087); raised RMB 3.527 billion in IPO
2022 — Jianer Hearing national headquarters established in Yuhua District, Changsha
2025 — Annual revenue reached RMB 3.387 billion with net profit of RMB 372 million; filed H-share listing application with Hong Kong Stock Exchange in August; acquired Shanghai Huazhou and Himama Medical Systems
2026 — Q1 revenue of RMB 1.012 billion (up 37.22% YoY); refiled Hong Kong IPO application in March and received hearing notice from HKEX on March 27; third board elected with Zhang Min as Chairman and President; proposed 2025 dividend of RMB 12 per 10 shares
Target Markets ＆ Applications
• Chronic Disease Management: Home monitoring solutions for diabetes, hypertension, and hyperuricemia patients
• Hearing Impairment: Professional hearing aid fitting and audiology services for age-related and congenital hearing loss
• Respiratory Care: Sleep apnea, COPD, and home oxygen therapy devices
• Elderly ＆ Disability Care: Rehabilitation aids, mobility devices, and nursing equipment for aging-in-place
• Posture ＆ Orthopedic Health: Spinal correction and posture training for adolescents and office workers
• Global Consumer Health: Export of home medical devices to Southeast Asia, Europe, and other international markets
Contact Information
Global Headquarters
Address: No. 816 Zhenhua Road, Yuhua District, Changsha, Hunan 410000, China
Phone: +86 731 8550 6600
Fax: +86 731 8579 1199
Email: investor@cofoe.com
Website: www.cofoe.com.cn
Hong Kong Office
Address: Unit B, 22/F, Mai On Industrial Building, 23-31 Kwai Chung Industrial Street, Kwai Chung, New Territories, Hong Kong
