Hainan Haiyao Co., Ltd.
海南海药
000566
Shenzhen Stock Exchange
Company Profile
(I) Product Advantages The company has developed a robust product portfolio, holding 162 drug registration approvals. Among its marketed formulations, 18 products have passed (or are deemed to have passed) generic drug consistency evaluations. Building on this high-quality foundation, the company will fully integrate resources, revitalize dormant approvals, increase R&D investment, and launch new products to enhance competitiveness. Its Class I innovative drug for anti-hepatic fibrosis, Fluorfenidone Capsules, is currently undergoing Phase II clinical data analysis, with plans to initiate Phase III trials. Fluorfenidone—a novel anti-fibrotic small molecule of the pyridone class—is positioned as a me-better drug compared to pirfenidone (PFD), the international standard for pulmonary fibrosis. It targets chronic hepatitis B–induced liver fibrosis, an area with no globally approved anti-fibrotic drugs, thus addressing a significant unmet clinical need and offering new hope for patients. Additionally, the company’s Class I innovative anti-epileptic drug, Painingabine Tablets, is in Phase II clinical development. As a next-generation therapy targeting KCNQ channels, it aims to treat refractory epilepsy. With a clear mechanism and novel target, Painingabine is expected to provide a new therapeutic option for patients with challenging forms of epilepsy. (II) R&D Advantages The company has established multiple research institutes, including the Haikou Formulation Research Institute, Haikou Traditional Chinese Medicine Research Institute, and Chongqing API Research Institute. Its R&D team comprises over 100 professionals, including one national-level innovative talent, a chief scientist, four PhD holders, and 23 master’s degree researchers. Team members hail from prestigious institutions such as Tsinghua University/Peking Union Medical College, Peking University Health Science Center, China Pharmaceutical University, Shenyang Pharmaceutical University, Beijing University of Chemical Technology, and Nanjing University of Chinese Medicine. Through collaborations with leading domestic and international universities and research institutes, the company leverages external scientific resources effectively. It has established a joint laboratory with China Pharmaceutical University and maintains deep partnerships with Central South University and the Shanghai Institute of Materia Medica, Chinese Academy of Sciences. These collaborations support the development of both innovative and generic drugs, enable resource sharing, and foster an integrated industry-academia-research R&D ecosystem. (III) Industrial Chain Advantages The company operates three major production bases in Jiangsu, Chongqing, and Hainan, forming a complete intermediate → API → formulation supply chain. This integrated structure provides a differentiated competitive edge by reducing production costs, improving product quality, and enhancing resilience to challenges like centralized procurement and environmental regulations. This robust industrial foundation supports the company’s focus on high-end anti-infective drugs and strengthens its emergency supply guarantee capabilities, forming an “emergency supply safeguard” system. Centered around its flagship product “Fengliao Changweikang,” the company combines classic prescriptions with modern technology to develop a series of gastrointestinal drugs, expanding into the health and wellness sector and offering consumers a modern approach to healthy living. Continuous optimization of processes and technologies ensures sustained competitive advantage for key products. (IV) Drug Quality Advantages The company adheres to a strict quality policy: “High standards, strict requirements, producing medicines that the public can trust.” It maintains a quality assurance and production management system aligned with international standards, achieving a 100% pass rate in GMP inspections by the National Medical Products Administration. Guided by GMP norms and product-specific requirements, the company continuously improves its systems for drug R&D, facility design, quality management, and end-to-end production control. This ensures consistent, stable manufacturing of drugs that meet intended uses, approved processes, and quality standards. The experienced manufacturing and quality management team, equipped with advanced production technology and high-standard requirements, effectively guarantees product quality and reliability.
Full description
Hainan Haiyao Co., Ltd. founded in 1965,formerly known as Haikou Pharmaceutical Factory, is a subsidiary of Xinxing Cathay International Group Co., Ltd. Haiyao, completed its shareholding transformation in 1992 and was listed on the Shenzhen Stock Exchange in 1994 (stock code: 000566). Haiyao is one of the leading enterprises in Hainan pharmaceutical industry . In March 2020, Haiyao completed its strategic reorganization with Xinxing Cathay International Pharmaceutical Holdings Co., Ltd. The company's business covers pharmaceutical intermediates, APIs, pharmaceutical drugs, traditional Chinese medicines, medical services, etc. Haiyao focused on drug research and development, production, and sales, and holds a complete pharmaceutical industrial chain from intermediates, APIs, and drugs.. Hainan Haiyao relies on the dual main business platform of emergency and pharmaceuticals , adhering to the concept of "protecting you and me, making health within reach", comprehensively and continuously promoting the high-quality development, and is committed to becoming a reliable strategic guarantee force for the country and people in responding to new public health emergencies. At the same time, the company takes "supporting the military, responding the emergency, serving the society" as its mission, based on the strategic support role of the state-owned economy, strengthening and optimizing the state-owned capital and enterprises, high-quality development, and improving the employees’ happiness. The company focuses on high-end R&D innovation, transforming into products. Thereby promoting the progress of human health and sustainable development of the industry, and improving the quality of human life. It focuses on the technological innovation of the entire industry chain, promoting the modernization of the pharmaceutical industry through industrial upgrading, providing higher-quality pharmaceutical products for the society, and improving human health levels. With innovation in business and service models as the core, to promote standardization of business and services, maximize the benefits to the personalized health needs, and makes the life easier to obtain high-quality and various products and services. The company adheres to the theme of high-quality development, strives to improve and strengthen drug manufacturing, combines "imitation and innovation", and creates differentiated competitive advantages. It aims to make Hainan Haiyao an influential and reliable manufacturer of anti-infective drugs as a state central-owned enterprise pharmaceutical enterprise. It strives to become the largest manufacturer of API and pharmaceutical intermediate systems in China.