- Business
- Yantai Zhenghai Biotechnology Co., Ltd. (300653.SZ) develops, manufactures, and sells magnetic biomaterials and related medical products for orthopedic and dental applications. The company offers a range of bio-orthopedic implants including artificial bone substitutes such as NanoBone, MBCP+, and hydroxyapatite (HA) products; spinal fusion devices like interbody fusion cages and pedicle screws; dental bone graft materials; and wound dressings incorporating silver ions and other bioactive components. These products cater to hospitals, clinics, and dental practices primarily in China, with expanding operations in Asia and select international markets.
Founded in 2005 and headquartered in Yantai, Shandong Province, China, the company operates in the biomedical materials segment of the healthcare industry, focusing on tissue engineering and regenerative medicine solutions for bone repair, spinal surgery, and oral implantation. Zhenghai Biotechnology maintains production facilities in Yantai and collaborates with research institutions to advance bioactive ceramics and resorbable implants. It serves as a key supplier to domestic medical device distributors and has no major subsidiaries or parent entities publicly noted.
In recent developments, the company announced a strategic partnership in 2024 with a leading European biomaterials firm to co-develop next-generation resorbable spinal implants for Asian markets. Zhenghai completed a RMB 500 million funding round in early 2025 led by domestic healthcare investors to expand manufacturing capacity for its NanoBone product line. Additionally, it launched its ZenGraft dental regeneration system in mid-2025, targeting the growing oral surgery sector, and reorganized its R&D division to prioritize AI-assisted biomaterial design amid competitive pressures in China's medtech landscape.