Acotec Scientific Holdings Limited announced that on April 19, 2023, the Company received the registration approval from the PRC National Medical Products Administration for microcatheter Vericor-14. This product is intended to provide support to facilitate the placement of guide wires in stenotic lesions of the coronary and peripheral vasculatures, and can be used to exchange one guide wire for another. This product is also intended to assist in the delivery of normal saline or contrast media into the coronary and peripheral vasculature.

The Company will carry out marketing activities in PRC market when appropriate. The Company may not be ABLE to ULTIMATELY market when appropriate. The Company May not be ABLE to U LTIMATELY market when appropriate".