- CEO
- Hu Baifan
- Full Time Employees
- 11,508
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- No. 418, Xinchang Dadao West Road Xinchang ZH China 312500
- IPO Date
- Jun 25, 2004
- Business
- Zhejiang NHU Co., Ltd. manufactures and markets functional chemicals focused on nutrition, pharmaceuticals, flavors and fragrances, and advanced materials. Founded in 1999 and headquartered at No. 418 Xinchang Dadao West Road, Qixing Sub-district, Xinchang County, Shaoxing, Zhejiang Province, China, the company listed on the Shenzhen Stock Exchange in 2004 as one of the first SME boards under ticker 002001.SZ. It operates production bases in Xinchang, Shangyu, Shandong, and Heilongjiang, with global reach serving over 100 countries and regions through subsidiaries and integrated supply chains.
Core products span nutritional additives including vitamins E, A, B12, C, calcium pantothenate, beta-carotene, lutein, astaxanthin, taurine, and coenzyme Q10; flavors and fragrances such as raspberry ketone, linalool, menthol, methionine, and other monomers; pharmaceutical intermediates and active pharmaceutical ingredients; and new materials like polyphenylene sulfide (PPS), polyphthalamide (PPA), long-fiber reinforced thermoplastics (LFT), isophorone diisocyanate (IPDI), HDI, and IPDA, targeting animal and human nutrition, personal care, automotive, electronics, and industrial applications.
The company maintains a robust R&D framework with significant investments, including plans for RMB 500 million in 2024 and at least 10 new product launches annually, alongside achievements like ISO 56005 Level 4 certification for innovation management. Recent developments encompass a strategic partnership with Bota Bio announced in June 2024 for biomanufacturing commercialization, integrating synthetic biology for products like Q10 and VB12; domestic drug registration approval for coenzyme Q10 API; launches of new amino acids, menthol products, IPDA, and aliphatic diisocyanates (ADI); ongoing share repurchases totaling over 14.8 million shares by October 2025 under a plan initiated in April 2025; and enhanced ESG ratings to MSCI "A" level plus EcoVadis Gold Medal recognition in 2025. Zhejiang NHU advances "chemical+" and "biological+" strategies, bolstering bio-fermentation capabilities and green processes across its segments.