On February 1, 2021, Peijia Medical announced that patient enrollment for clinical trial of Shenyi^® Stent Retriever had been successfully completed as of January 29, 2021. Shenyi^® Stent Retriever is a major product under development from the Company’s neurointerventional product line.

Shenyi^® Stent Retriever is used for removing fresh thrombus in intracranial vessels in a mechanical thrombectomy procedure for patients with acute ischemic stroke. As soon as all the preparations have been made, the Company plans to submit a registration application to National Medical Products Administration (NMPA)