Jin Medical International Ltd.

Changzhou Zhongjin designs and manufactures wheelchairs and living aids products for people with disabilities, the elderly, and those recovering from injury. The company's business primarily focuses on wheelchairs. For the fiscal years ended September 30, 2025, 2024, and 2023, sales of wheelchairs and wheelchair components represented approximately 87.5%, 71.3%, and 96.5% of revenue, respectively. Sales of living aids products, such as oxygen concentrators and bathing machines, accounted for approximately 11.6%, 9.8%, and 3.1% of revenue for the same periods. In the fiscal year ended 2024, new products were introduced, including oxygen chambers, beauty instruments, and nano products, which represented 6.8%, 8.9%, and 3.2% of revenue, respectively. The majority of products are sold to dealers in Japan and China, with a smaller portion sold to dealers in other regions including the United States, Canada, Australia, Korea, Israel, and Singapore. Changzhou Zhongjin has been designing and manufacturing wheelchairs since 2006. Almost all wheelchairs currently for sale are manual wheelchairs, with over thirty models available across various price points. Electric wheelchairs, which the company began selling in 2018, accounted for approximately 1.7%, 0.5%, and 0.2% of revenue for the fiscal years ended September 30, 2025, 2024, and 2023, respectively. Mid to high-end wheelchairs and components are primarily for customers in Japan, while relatively lower-end wheelchairs and components target customers in China.