Dehaeir德海尔医疗上市路演

DehaierMedicalSystemLtd.DehaierMedicalSystemLtd.InitialPublicOfferingInitialPublicOfferingNASDAQNASDAQMarch20102OfferingSummaryUS$10millionto$12millionGrossProceedsDehaierMedicalSystem,LTD(“DHRM”)Issuer1.25-1.5millioncommonshares.Approximately30%-33%ofpost-offeringsharesOfferingSizeandStructureUS$8.00pershareIndicativePriceAnderson&StrudwickUnderwriterDHRMNasdaqCapitalMarketTickerandListing3LeadingChina-baseddistributorofmedicalequipmentandappliancesforthehospitalmarket.ManufacturerofDehaierbrandmedical&homecareproducts.LeadingR&DcenterinChinaforhomecaresleepandrespiratoryproducts.Technicalservicesformultinationalcompanies.IntroducingDehaier--WhoWeAre2009Rev$13M,up31%.Netincome$2.6M,up191%.EBITDA$3.6Mup114%2009Rev$13M,up31%.Netincome$2.6M,up191%.EBITDA$3.6Mup114%4HomecareMedicalProducts5ProductStructureDehaierProductLineDehaierBrandHomecareVentilatorMedicalEquipmentHomecareMedicalProductsAgentProductsDehaierBrandAgentProductsOxygenGeneratorSleepingScreeningSystemHomecareVentilatorAnesthesiaMachineX-RayMachinePatientMonitorVentilatorAnesthesiaMachinePatientMonitorC-ArmX-RayMachineAirCompressorTrolleyforVentilatorTechnicalServiceProductsSterilizerDehaierBrandRhinitisHyperthermiaDevice•Italy•England•Japan•AustraliaDistributionpartnerforforeigncompanies:6Sales&ServiceNetwork•Wesellourproductsmainlythroughourdistributionnetworkofmorethan2000distributors•26officesacrossChina•Wehaveover3,000hospitalsasendcustomers•SalesandserviceNetworkforforeignsuppliers•Theendcustomersofourhomecaresleep&respiratoryproductsareindividualsandhospitals•CustomerscantryourhomecareproductsinourCustomerExperienceCenters(CEC)AgentsCECPhysicians7China–AVastMarketinEarlyStagesofDevelopmentFastGrowingEconomy:GDP13.616.018.421.124.78.4%9.8%11.4%11.1%10.4%10.1%10.0%0.010.020.030.040.0200320042005200620072008E2009E0.0%3.0%6.0%9.0%12.0%GDP(TrillionRMB)IncreaseRate(%)HugeMarket:1.3billionpopulationFinancialStabilityChinaisauniquemarketwithafastgrowingeconomy,hugepotentialandfinancialstabilityChinaisauniquemarketwithafastgrowingeconomy,hugepotentialandfinancialstabilityOSA:Obstructivesleepapnea8China’sHealthcareMarketPotential•IncreasingGovernmentFocusonImprovingtheQualityofCare.–HealthcarehasbecomeapriorityforthePRCgovernment.–ThegovernmentrecentlyannouncedaRMB4trillioneconomicstimulus;healthcarestimulus/supportisasignificantpartofthenewplan.•IncreasingExpenditureonHealthcareasaPercentageofGDP.–In2005,Chinahealthcareexpendituresrepresentedonly6.7%ofitsGDP(USA,15.9%).–China’shealthcareexpendituresgrewfrom5.0%ofGDPin1999to6.7%ofGDPin2005,representingagrowthrateofapproximately5%(USA,3%).•China’sAgingPopulation–In2000,10%ofpopulationwasover60;7%over65–From2001to2020,the60+yearoldpopulationwillincrease6million/year–In2020,60+yearoldpopulationwillreach250million;31millionover809OurFuture:HomecareProducts3494124885816948331,0041,21405001000150020042005200620072008200820102011USD(Mil)GlobalOxygenConcentratormarketSource:Frost&Sullivan,WinterGreenResearch8008901,0001,1401,3201,5101,7402,00005001,0001,5002,00020052006200720082008201020112012USD(Mil)GlobalCPAPTherapyDevicemarketDehaieristargetingthefastgrowingglobalmarket......Dehaieristargetingthefastgrowingglobalmarket......OSA:ObstructivesleepapneaCPAP:ContinuousPositiveAirwayPressure10IndustriesandCompaniesPerformanceinUSMarketsCompanyNameSymbolMarketMarketCap(M$)PEForwardPEPrice($)LastTrade52wHigh52wLowMindrayMedicalMRNYSE3800.0029.3524.2234.8740.3516.39AngioDynamicsInc.ANGONasdaq394.1239.2427.2016.0517.869.72ThoratecCorp.THORNasdaq1610.0059.9421.0028.3531.5120.22SonoSiteInc.SONONasdaq472.3629.2834.4727.2329.1615.27Conceptus,Inc.CPTSNasdaq596.4166.0235.2919.4120.4510.26CompanyNameSymbolMarketMarketCap(M$)PEForwardPEPrice($)LastTrade52wHigh52wLowResMedInc.RMDNYSE3830.0024.5419.3751.1453.9931.49CONMEDCorporationCNMDNasdaq626.0131.2617.4921.5124.4311.56SironaDentalSystemsSIRONasdaq1770.0033.4113.5732.1736.0510.43OrthofixInternationalOFIXNasdaq516.2836.1715.6130.1333.4913.43ZOLLMedicalCorp.ZOLLNasdaq590.9361.7324.2127.8429.9511.24MarketCap($B)P/EHealthcare1978.927.07MedicalAppliances&Equipment138.168.30MedicalInstruments&Supplies229.139.50MedicalInstruments&SuppliesMedicalAppliances&EquipmentDateSource:Jan29,201011BenchmarkCompanyNo.1–ResMed•MarketPerformanceRMDLastTrade($):51.1451.14TradeTime:29-Jan-2010Volume:540,923MarketCap($):3.83BP/E(ttm):25.54EPS(ttm):2.0852wkRange:31.49-53.99AvgVol(3m):585,641•CompanyInfo.–Globalleaderinthedevelopment,manufacturingandmarketingofinnovativemedicalproductsforthetreatmentandmanagementofrespiratorydisorders,withafocusonsleep-disorderedbreathing.–Sellsacomprehensiverangeofproductsinmorethan70countriesworldwidethroughdirectofficesandanetworkofdistributors.–Committedtoadvancinginnovativetechnologyinsleepandrespiratorymedicineandcommercializinginnovativeproductsonaglobalbasis.DateSource:Jan29,201012ResMedComparetoNasdaqandDowJonesIndexDowJonesIndexNasdaqIndexResMedSharePrice13BenchmarkCompanyNo.2–Mindray•MarketPerformanceMRLastTrade($):34.8734.87TradeTime:29-Jan-201