Verification Result Regarding Interventional Brain-Computer Interface Clinical Progress of Wanma Co., Ltd.

After comprehensive search and verification of public information,

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Wanma Co., Ltd. (Zhejiang Wanma Co., Ltd.) is an electrical equipment manufacturer mainly engaged in businesses such as wire and cable, polymer materials, and electrical equipment[0]. According to the company profile, its industry is categorized as “Industry | Electrical Equipment and Components”, and it does not operate in the medical health or neurotechnology fields[0].

Through searching clinical progress in the brain-computer interface industry, it is found that the institutions clearly conducting interventional brain-computer interface clinical trials currently include:

• Sanbo Brain Hospital
  : Participated in and completed the world’s first interventional brain-computer interface-assisted motor function restoration trial for human affected limbs in June 2025[1]
• Professor Duan Feng’s Team from Nankai University
  : Led the world’s first interventional brain-computer interface human trial, using a minimally invasive interventional approach to introduce stent electrodes into the intracranial vascular wall via vascular puncture[2]
• Brain Tiger Technology
  : Had completed 54 cases of brain-computer interface human implantations by the end of 2025[3]
• Sinoway Medical
  : Cooperated with Nankai University to develop interventional brain-computer interface products[4]

In brain-computer interface industry research reports, the involved companies include Borui Kang, Xinzhida, Brain Tiger Technology, Jieti Medical, and other enterprises focusing on brain-computer interface technology R&D, as well as medical enterprises participating in clinical applications such as Sanbo Brain Hospital and Sinoway Medical, but [4].

Based on existing public information, as an electrical equipment manufacturer,

. If you are interested in other listed companies involved in brain-computer interface business, it is recommended to consider institutions focusing on this field such as Sanbo Brain Hospital (which has clearly participated in interventional brain-computer interface clinical trials) or Brain Tiger Technology.

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[0] Jinling API - Company Profile and Financial Data of Wanma Co., Ltd. (002276.SZ)

[1] Securities Times Network - “After Successful Clinical Trials, Brain-Computer Interfaces Begin to Address Commercialization Issues” (https://www.stcn.com/article/detail/3546315.html)

[2] Sina Finance - “How Advanced is China’s Brain-Computer Interface Technology?” (https://finance.sina.com.cn/stock/t/2026-01-09/doc-inhfsfzz0681393.shtml)

[3] Sina Finance - “In-Depth | Brain-Computer Interface ‘Boom’: Musk Launches Large-Scale Mass Production” (https://finance.sina.com.cn/stock/t/2026-01-03/doc-inhezqrp3616265.shtml)

[4] Eastmoney.com - Industry Report “Three Dimensions to View the Development Trend of the Brain-Computer Interface Industry” (https://pdf.dfcfw.com/pdf/H301_AP202511061776241998_1.pdf)