Hangzhou, China, September 22, 2025 (Globe Newswire) – Work Medical Technology Group Ltd (NASDAQ: WOK) (“Work Medical” or “Company”), Chinese medical device supplier, subsidiary, Work (Hangzhou) Medical Device Co., Ltd. “Agreement”) will jointly develop medical products using artificial intelligence (“AI”) between hangzhou and the Wuxi branch of Ruijin Hospital-Shanghai Jiao Tong University School of Medicine (“Xin Rui Hospital”). This collaboration represents an initiative to advance Work Medical's AI strategy with the goal of accelerating the development of a smart, next-generation AI-driven clinical ecosystem.
In accordance with the agreement, Work Hangzhou has agreed to support Xin Rui Hospital in promoting hospital informationization and application of AI-powered medical products. The parties aim to integrate AI technology with multimodal medical resources such as Xin Rui Hospital text, imaging and laboratory data to build an intelligent healthcare digital knowledge base. With Xin RUI Hospital's clinical diagnosis, treatment and expert resources, Hangzhou plans to enhance its multimodal universal medical AI solution, expanding from single image data to complex multimodal data. This collaboration is expected to drive the development, training and clinical applications of AI models across multiple healthcare scenarios as it strives to create a comprehensive framework that covers data governance, model training and translation of research into clinical practice.
Xin Rui Hospital, located in Wuxi, Jiangsu Province, China, is a 3rd grade B tertiary hospital affiliated with Ruijin Hospital-Shanghai Jiao Tong University School of Medicine.
Wu Shuang, CEO and Chairman of Work Medical, commented: “We are delighted to partner with Xin Rui Hospital. By combining Xin Rui Hospital's clinical data and expertise with a practical environment, we aim to establish a model of hospital digitalization and intelligent healthcare applications. We unlock new opportunities and long-term value for healthcare and work healthcare.”
About Work Medical Technology Group Ltd
Work Medical Technology Group Ltd is a subsidiary, Work (Hangzhou) Chealthing Equipment Co., Ltd. and is a medical device supplier that develops and manufactures Class I and II medical devices through its Chinese subsidiary and sells Class I and II disposable medical devices through its Chinese operating subsidiary. The company has a diverse product portfolio consisting of 21 products, including customized multifunctional masks and other medical consumables. All products are sold in 34 state-level controlled regions in China, 15 of which are sold in over 30 countries around the world. The company has received many quality-related manufacturing designations, registering 17 products with the US Food and Drug Administration, allowing their products to enter the US market. For more information, please visit the company's website. https://www.workmedtech.com/corporate.
Forward-looking statements
This press release contains forward-looking statements, including statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “purpose,” “believers,” “possibility,” “estimate,” “expectation,” “prediction,” “prediction,” “possibility,” “possibility.” Variations of “exploration,” “will,” and similar expressions intended to identify these words or forward-looking statements. Such statements in this press release, which are not statements of historical facts, may be deemed forward-looking statements. The forward-looking statements in this press release are based on our current expectations, estimates and forecasts and are subject to many risks and uncertainties that may have substantial and adverse effects as of the date of this release only as of the date of this release. The Company believes that the expectations expressed in these forward-looking statements are reasonable, but cannot guarantee that such expectations will prove to be correct. We argue that actual results may differ materially from those expected, and encourage investors to consider other factors that may affect future results as stated in the company's annual report on Form 20-F. We expressly disclaim any obligation to update forward-looking statements, except to the extent necessary by law.
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