OYMotion Technologies Co., Ltd., a leading Chinese provider of intelligent prosthetics and rehabilitation solutions, joined hands with HB Orthopedic Technology GmbH (HBO), a renowned orthopedic technology enterprise based in northern Germany, to showcase their offerings at OTWorld held in Leipzig from May 19 to 22. At the closing of the exhibition, the two parties formally signed a Memorandum of Understanding (MOU), establishing an exclusive strategic partnership for the DACH region (Germany, Austria and Switzerland).

Per the terms of the MOU, the two sides will cooperate closely in the following core areas:

1. Market Development and Brand Building: Jointly explore the DACH market, enhance brand awareness and expand sales channels.
2. Clinical Training and Knowledge Transfer: Deliver systematic training for local medical professionals to ensure independent delivery of clinical services.
3. Sales, Distribution and After-sales Support: Build a localized sales and service network to provide full-cycle support for patients.

4. Localization and Joint R&D: Gather regional market demands to advance product iteration and customized development tailored for the European market.

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Neo Ni, Chief Executive Officer of OYMotion stated: "As a long-term partner of specialized clinics, physicians, nursing homes and therapeutic institutions across Germany, HBO boasts solid core expertise in the sales of orthopedic products and medical supplies. The company is backed by rich industry experience and an outstanding reputation. For OYMotion, HBO serves not only as a strategic gateway to enter the DACH market, but also a vital partner for us to understand the needs of European patients and realize product localization. We look forward to working with HBO to bring OYMotion’s innovative intelligent bionic technologies to more users in Europe."

Reidar Pahl, Chief Executive Officer of HBO commented: "OYMotion team has an impressive in-depth understanding of user pain points, and its products feature outstanding innovation and market competitiveness. We are fully committed to building a long-term partnership with OYMotion and introducing its high-performance intelligent bionic hands and other rehabilitation medical products into our clinical network. This collaboration will not only diversify our product portfolio, but also bring cutting-edge technological options to the rehabilitation healthcare sector in Germany and the broader region."