Chuzhou City, China, Oct. 10, 2024 (GLOBE NEWSWIRE) -- JIN MEDICAL INTERNATIONAL LTD. (the "Company" or “JinMed”) (NASDAQ: ZJYL), an industrial leader in Assistive Technologies (“AT”), and a manufacturer and developer of wheelchairs and living aids products, today announced the initiation of construction of JinMed's new manufacturing facility at Chuzhou City, Anhui Province, China. JinMed (Anhui) Co., Ltd., a newly established subsidiary of JinMed, will be designated to operate the Chuzhou JinMed plant (the “New Facility”) which is established as an internationally standardized, innovative, and high-end wheelchair and electric wheelchair manufacturing factory. With higher-level production lines in place, more innovative high-quality products are expected to strengthen JinMed's leadership in the AT industry.
Jin Medical International Ltd (ZJYL, Financial) experienced a significant stock price increase of 5.04%, reaching $2.71 per share, with a trading volume of 112,221 shares and a turnover rate of 0.07%. The stock's amplitude was recorded at 6.59%.
Jin Medical International (NASDAQ: ZJYL ) stock is on the move Thursday as the wheelchair and other living aid products company's shares undergo a split. According to a filing with the Securities and Exchange Commission (SEC), shares of ZJYL stock are undergoing a one-for-20 stock split.