- CEO
- Zhenjiang Li
- Full Time Employees
- 3,220
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- No. 168 Shiluan Street Shijiazhuang People's Republic of China 051430
- IPO Date
- Feb 18, 2020
- Business
- China Shineway Pharmaceutical Group Limited, an investment holding company listed on the Hong Kong Stock Exchange under ticker 2877.HK (OTCPK: CSWYF), engages in the research, development, manufacture and trade of modern Chinese pharmaceutical products primarily in the People's Republic of China and Hong Kong. Founded in 2002 and headquartered in Shijiazhuang, Hebei Province, China, the company specializes in traditional Chinese medicines across various dosage forms, including injections such as Qing Kai Ling Injection, Shen Mai Injection, Shu Xue Ning Injection, Shuanghuanglian Injection, Dengzhanhua Su Injection and Yinzhi Huang Injection; soft capsules such as Wu Fu Xin Nao Qing Soft Capsule and Qing Kai Ling Soft Capsule; granules such as Chuanxiong Compressed Granules and Huamoyan Granule; traditional Chinese medicine formula granules; tablets such as Compound Licorice Tablet; oral liquids, pills and powders targeting therapeutic areas like respiratory system diseases, cardio-cerebrovascular conditions, nervous system disorders, digestive system diseases, orthopedics, pediatrics and body strengthening medications. The company operates through pharmaceuticals, healthcare products and research and development segments, with injections generating the majority of revenue, and maintains a diversified sales model involving direct sales to hospitals and clinics, partnerships with distributors and retail pharmacies, and exports contributing around 15% of total revenue. In recent developments, the group reported record revenue of RMB 4.2 billion for the year ended December 31, 2023, up 25% year-over-year, driven by strong sales of core products accounting for 70% of revenue; invested approximately RMB 600 million in R&D in 2024, a 12% increase, yielding new products like a novel herbal extract that boosted Q1 2024 sales by 15%; entered three strategic alliances in 2024 to expand research capabilities, including co-development of a new drug projected to generate over RMB 200 million in revenue by year-end; successfully won bids for eight key products in the National Procurement Alliance of Proprietary Chinese Medicine centralized procurements; and acquired 100% equity interest in Shineway-related entity as announced in its 2024 annual results on March 28, 2025.