- CEO
- Sun Xin
- Full Time Employees
- 32
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 3199-1 Longxiang Road Harbin People's Republic of China 150028
- IPO Date
- Mar 11, 2009
- Business
- China Health Industries Holdings, Inc. engages in the manufacturing, marketing, and distribution of health products, including medicines, health supplements, health devices, and cosmetics. Its core product portfolio consists of hemp derivative products, a range of medical drugs including tinctures, ointments, suppositories, liniments, and topical solutions, as well as health supplements and related wellness products. The company operates through subsidiaries such as Humankind and HLJ Huimeijia and offers a comprehensive variety of over 21 NMPA-approved medicines and 14 NMPA-approved health products. The firm’s distribution network spans extensively across China covering multiple provinces and key cities with a significant presence in the domestic pharmaceutical and health product market.
Founded in 1989 and headquartered in Harbin, China, China Health Industries Holdings has diversified into several business segments including medical equipment and consumables distribution; hospital operation and management services; business factoring services; and distribution and marketing of pharmaceutical products. The company has also been developing digital infrastructure to expand e-commerce and B2C sales channels as part of its modernization and distribution strategy.
Recent strategic developments include operational expansions in its hospital management business, benefiting from relaxed interest rate environments which enhance its financial leasing operations. The company is also leveraging the expansion and utilization of both organic and acquired hospitals to drive revenue growth, with 64 medical institutions and approximately 16,000 hospital beds as of mid-2023. These initiatives are part of its broader strategic push to integrate medical services with its pharmaceutical product offerings, signaling a shift towards a more comprehensive healthcare provider model. China Health Industries continues to focus on increasing product availability through both traditional sales agents and digital sales platforms across its primary market in China.
Overall, China Health Industries Holdings operates primarily in the healthcare and pharmaceutical industry, targeting the Chinese domestic market with a broad portfolio of health-related products, hospital services, and medical equipment, supported by expanding financial leasing and hospital management businesses that reinforce its integrated healthcare services approach. The company remains listed on the OTC market under the ticker CHHE.