- Business
- Zhejiang Jianfeng Group Co., Ltd. (600668.SS) manufactures and distributes cement and pharmaceuticals in China, supplemented by health products, trade logistics, cables and hazardous chemicals. The company produces ordinary Portland cement, Portland slag cement, cement clinkers, silica cements; pharmaceuticals including cefmenoxime hydrochloride for injection, aspartate amlodipine tablets, paroxetine hydrochloride tablets, aceclofenac sustained-release tablets, sodium hyaluronate eye drops, olopatadine hydrochloride eye drops, antibiotics, cardiovascular and cerebrovascular drugs, antidepressants and ophthalmology drugs; health products such as grape seed extract, ginseng extract, apple extract anthocyanins, polyphenols, fruit and vegetable powders, broken fungus spore powder, lyophilized Tianma pieces, Sangge tea, black soya bean drinks, astragalus tablets and various soft capsules; cables including SYWV-75 series physical foamed cables, RVV series cables, network lines, HYA series communication cables and BV insulated wires. Its building materials operations span Zhejiang, Hubei, Yunnan and Guizhou provinces through subsidiaries such as Daye Jianfeng Cement Co., Ltd., while pharmaceutical distribution and retail focus on Zhejiang hospitals and patients via Jinhua Medicine Co., Ltd. and subsidiaries; health products serve domestic and international food, health and cosmetics industries. Founded in 1958 as Jinhua Cement Plant and headquartered at No. 88 Wujiang East Road, Jinhua, Zhejiang Province, the company transformed to a joint-stock system in 1988 and listed on the Shanghai Stock Exchange in 1993 as China's first cement listed firm. Subsidiaries include Zhejiang Jianfeng Pharmaceutical Co., Ltd., Tianjin Jianfeng Natural Products Research and Development Co., Ltd., Shanghai North Cara Medical Technology Co., Ltd. and Zhejiang Jianfeng Health Technology Co., Ltd. In recent developments, a wholly-owned subsidiary plans investment in a 3 million tons annual output production line; the board authorized a share buyback plan in April 2025 and an equity buyback for CNY 40 million; Daye Jianfeng Cement achieved national "green factory" status; and Jianfeng Pharmaceutical rehired Academician Wang Guangji as chief scientist while a subsidiary's esomeprazole product won a national procurement bid.