- Business
- Mayinglong Pharmaceutical Group Co., Ltd. specializes in the development, production, and sale of pharmaceuticals and health products, primarily focusing on anorectal health solutions. The company offers a broad range of products including proprietary medicines such as Ma Yinglong Musk Hemorrhoids Ointment and Suppository, Longzhu ointment, functional cosmetics (eye care, facial and body cleaning products), functional care items (infant paper, skin care, feminine products), functional foods that enhance digestion and kidney health, as well as medical devices and dietary supplements. Additionally, Mayinglong operates in hospital medical services and management, retail and wholesale of medical devices and pharmaceuticals, and provides hospital operations mainly across China. Founded in 1582 and headquartered in Wuhan, China, Mayinglong maintains significant market share in the domestic hemorrhoid treatment segment, with over 40% share and widespread brand recognition.
In the recent 1-2 years, Mayinglong has pursued strategic growth through acquisitions and expansions including a notable acquisition of a 60% stake in Jiangxi Shuanghe Pharmaceutical Co., Ltd., enhancing its production capacity. The group also entered into a partnership involving the sale of an 86.816% stake in Shenzhen Daphne Pharmaceutical Co., Ltd. to Hangzhou Yunbai Pharmaceutical Technology Co., Ltd., reflecting active portfolio management. Mayinglong continues to invest heavily in research and development, allocating around 8-10% of annual revenue to innovate and expand its product portfolio, which includes over 60 formulations sold domestically and internationally. In 2023, the company launched over 30 new products and expanded its international footprint to more than 50 countries with certifications including GMP and ISO standards. Its revenue streams are diversified across traditional Chinese and Western medicines, over-the-counter products, prescription drugs, and healthcare services, supporting a balanced business model that integrates traditional medicine with modern pharmaceutical practices.
The company emphasizes digital sales channels and brand awareness campaigns, having boosted its marketing budget significantly to reach broader markets domestically and abroad, particularly targeting Southeast Asia and Europe. Its comprehensive three-dimensional industrial structure comprises pharmaceuticals, medical services, pharmaceutical commerce, and hospital management. Mayinglong’s persistent innovation in formulations, market expansion, and strategic alliances underpin its leadership role in China’s pharmaceutical and healthcare industry.