GS Capsule

What GS Capsule does

GS Capsule (广生集团), founded in 1983 in Yushe, Shanxi, is one of China's earliest and largest hollow pharmaceutical capsule manufacturers. The company produces gelatin, cellulose/HPMC, pullulan polysaccharide, and enteric hard capsules, plus a 2025-launched plant-based ultra-dry capsule with moisture content below 2.5%. Manufacturing runs on 122 fully automated production lines across two Chinese production bases in Shanxi and Jiangxi, with D-level clean room environments, 24/7 real-time monitoring, and microbial safety achieved without ethylene oxide sterilization. Capacity exceeds 500 billion capsules per year, and the company is recognized as China's largest capsule production base (a position held since 1999).

The business model is B2B hardware sales of hollow capsules to global pharmaceutical and health product companies, augmented by a custom capsule platform offering material selection, sizes, nearly 10,000 color choices, custom printing, and functional variants (organic, halal, enteric, sustained-release, fast-disintegrating, anti-moisture). Go-to-market is enterprise field sales with localized service through offices in Shanghai (HQ), Hamburg, California, and a regulatory/technical service center in Croatia. Pricing is not publicly disclosed and is handled through sales consultation. The company holds 21 utility model patents, 4 invention patents, 25 high-tech achievements, CNAS laboratory certification (China's first in capsules, 2017), and BRC A-level certification (China's only capsule producer, via Ang Tai subsidiary, 2021).

Customer concentration data is not disclosed; the company serves two primary verticals, pharmaceutical companies and health product companies, with secondary exposure to traditional Chinese medicine encapsulation. In 2024, GS Capsule completed the acquisition of Ang Tai Capsule, consolidating the two longest-standing domestic capsule specialists under one group and expanding capacity by 22% (from 100 to 122 production lines).

Name

GS Capsule

Legal name

广生集团

Website

https://gscapsule.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

501–1,000 employees

Short description

GS Capsule (广生集团) is a Chinese manufacturer of pharmaceutical hollow capsules, founded in 1983 and operating 122 automated production lines with capacity above 500 billion capsules annually. It supplies gelatin, HPMC, pullulan, enteric, and plant-based ultra-dry capsules to global pharmaceutical and health product companies, with sales offices in China, Germany, the US, and Croatia.

Ownership category

akta.pro rank

Product category

Pharmaceutical Packaging - Hollow Capsules

NAICS

Plastics Bag and Pouch Manufacturing (326111)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Unit-Dose & Compliance Packaging (Sachets, Strip Packs, Pill Organizers) (IMALAIAH)

Keywords

• Hollow capsule manufacturing
• Pharmaceutical packaging
• Gelatin capsules
• HPMC plant capsules
• Enteric coated capsules

Headquarters

HQ city

Yushe

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hollow Capsule Manufacturing and Sales: Manufacturing and selling pharmaceutical hollow capsules including gelatin, cellulose (HPMC), and pullulan capsules to global pharmaceutical and health product companies
2. Custom Capsule Solutions: Providing customized capsule solutions with personalized colors, printing, sizes, and specialized formulations including organic, halal, enteric, sustained-release, and other functional properties

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

GS Capsule (广生集团) manufactures hollow pharmaceutical and nutraceutical hard capsules including gelatin, cellulose/HPMC, pullulan polysaccharide, enteric, and plant-based ultra-dry capsule variants. The company sells directly to global pharmaceutical and health product companies with extensive customization options spanning material, size, color (nearly 10,000 options), printing, and functional features such as halal, organic, and sustained-release.

Product overview

GS Capsule (广生集团) is a leading Chinese hollow capsule manufacturer offering a diversified portfolio of capsule products under two main brands: GS Capsule and Ang Tai (acquired in 2024). The core product line includes gelatin capsules, cellulose/HPMC plant-based capsules, pullulan polysaccharide capsules, enteric-coated capsules, and the 2025 innovation of plant-based ultra-dry capsules. The company provides comprehensive customization services supporting material selection, sizes, colors (nearly 10,000 options), printing, and specialized features. With 122 automated production lines across Shanxi and Jiangxi provinces, GS Capsule serves global pharmaceutical and health supplement markets, producing over 500 billion capsules annually.

Differentiator

Problem solved

Functional benefit

Brands

• 昂泰胶囊 (Ang Tai Capsule): Sub-brand operated by the acquired company 昂泰, specializing in plant capsules and R&D, also known as AT Capsule

Products and services

• Gelatin Capsules (明胶胶囊) Traditional hollow hard capsules made from gelatin, offered with various customization options including colors, printing, and functional features for pharmaceutical and health supplement manufacturers.
• Cellulose / HPMC Capsules (纤维素胶囊) Plant-based hollow hard capsules made from hypromellose (HPMC), suitable for vegetarian, organic, and other formulations requiring non-animal-derived capsule shells.
• Pullulan Polysaccharide Capsules (普鲁兰胶囊) Capsules made from pullulan polysaccharide offering excellent oxygen barrier properties and vegetarian compatibility for oxygen-sensitive and natural formulations.
• Enteric Capsules (肠溶胶囊) Capsules designed to resist gastric acid and release their contents in the intestine, supporting targeted drug delivery applications for pharmaceutical companies.
• Plant-Based Ultra-Dry Capsules (植物基超干胶囊) Latest plant-based capsule innovation with moisture content below 2.5%, providing enhanced stability, longer shelf life, and suitability for moisture-sensitive active ingredients.
• Capsule Customization Services Customization service supporting material selection, size, color (nearly 10,000 color options), printing with custom text and logos, and specialized functional properties (organic, halal, fast-disintegrating, sustained-release, anti-moisture, anti-brittleness) for pharmaceutical and health product brand differentiation.

Quantifiable outcome

• 122 automated production lines ensuring stable, efficient production output
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Ang Tai CapsulecoreStrategic or Co-development Partner · 1 January 2024GS Capsule completed acquisition of Ang Tai Capsule in 2024, expanding from 100 to 122 production lines. Ang Tai brings specialized plant capsule R&D and production capabilities, BRC A-level certification (China's only capsule company with this certification), and established export networks to Europe, USA, Middle East and Southeast Asia since 2016.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Suheung Capsule: Korean manufacturer of empty hard capsules including gelatin, HPMC, and pullulan variants. Direct competitor in plant-based and specialty capsules serving global pharma and supplement markets.
• Natural Capsules Limited: Indian manufacturer of empty hard gelatin and HPMC capsules supplying global pharmaceutical and nutraceutical companies. Comparable scale, product mix, and customer base to GS Capsule.
• Qualicaps: Japanese capsule manufacturer owned by Mitsubishi Chemical, producing gelatin and plant-based capsules with strong presence in pharmaceutical markets globally. Direct competitor in pharma-grade hollow capsules with similar product breadth.
• Hunan Er-Kang Pharmaceutical: Chinese pharmaceutical company with capsule production capabilities including empty capsule shells serving domestic and export markets. Domestic Chinese peer competing for similar pharmaceutical customers.
• ACG (Associated Capsules Group): Indian capsule manufacturer offering a full range of hard capsules (gelatin and HPMC) plus packaging machinery. Closest emerging-market peer with similar scale and product breadth to GS Capsule.
• CapsCanada (Roxlor): Canadian capsule manufacturer specializing in gelatin and HPMC empty capsules for pharmaceutical and nutraceutical markets. Comparable niche player with similar product focus on quality-certified capsule production.

Broad incumbents

• Lonza Capsules & Health Ingredients: Global market leader in empty hard capsules (formerly Capsugel), offering gelatin, HPMC, and specialty capsules to pharmaceutical and nutraceutical customers worldwide. Directly comparable as the largest hollow capsule manufacturer; competes head-to-head in pharma-grade capsules.

Regional players

• Farmacapsulas: Latin American (Colombian) capsule manufacturer serving the Americas market with gelatin and HPMC capsules. Comparable hollow capsule product offering with regional focus that does not overlap with GS Capsule's core export markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GS Capsule