Shandong Xinhua Pharmaceutical
Shandong Xinhua Pharmaceutical is China's leading ibuprofen manufacturer, founded in 1943 and publicly listed on the Shenzhen Stock Exchange. It produces APIs, finished dosage forms, pharmaceutical intermediates, and a small molecule drug pipeline, with growing exports to Middle Eastern markets via Sinovac partnership.
- Company typePublic
- Founded1943
- HeadquartersZibo, China
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Shandong Xinhua Pharmaceutical does
Shandong Xinhua Pharmaceutical (山东新华制药股份有限公司) is a Chinese pharmaceutical manufacturer founded in 1943 as a state-owned enterprise in Zibo, Shandong, and now publicly listed on the Shenzhen Stock Exchange under ticker 000756.SZ. The company employs 5,001-10,000 people and operates as China's leading ibuprofen manufacturer, producing active pharmaceutical ingredients (APIs), finished dosage forms, and pharmaceutical intermediates. Its product portfolio spans the legacy ibuprofen franchise, established products such as Sevelamer carbonate tablets, export products including high-purity EPA ethyl ester soft capsules, and a pipeline of small molecule drug candidates (LXH-2101, LXH-2102, and LXH-2103 injection, with the latter receiving NMPA clinical trial approval in June 2026).
The company's underlying technology centers on small molecule pharmaceutical development and pharmaceutical intermediate synthesis, with proprietary pipeline candidates advancing through discovery and clinical trial phases. Its business model is anchored in pharmaceutical manufacturing and sales, generating revenue through one-time license/manufacturing transactions via domestic distribution networks in China and export partnerships for international markets. Distribution is executed through direct sales to enterprise customers domestically, while international expansion relies on strategic partnerships — most notably with Sinovac Biotech, which handles distribution of EPA ethyl ester soft capsules to Saudi Arabia and the UAE, and previously collaborated on Sevelamer carbonate tablets for Middle Eastern markets.
The company's primary customer segment is the broader pharmaceutical industry, with use cases spanning ibuprofen and intermediate manufacturing and raw material drug production, and a secondary segment covering international pharmaceutical markets via export. Pricing is not publicly disclosed. Recent operating performance reflects industry-wide headwinds: a 5.3% net profit decline in 2024 and a sharper 26% YoY decline in Q1-Q3 2025 (net profit of 256.2 million yuan) have been attributed to oversupply and weakening demand in the domestic drug market, prompting a strategic emphasis on international expansion and pipeline diversification.
Shandong Xinhua Pharmaceutical firmographics
Firmographics- Name
- Shandong Xinhua Pharmaceutical
- Legal name
- 山东新华制药股份有限公司
- Website
- https://xhzy.com
- Company type
- Public
- Founded year
- 1943
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Shandong Xinhua Pharmaceutical is China's leading ibuprofen manufacturer, founded in 1943 and publicly listed on the Shenzhen Stock Exchange. It produces APIs, finished dosage forms, pharmaceutical intermediates, and a small molecule drug pipeline, with growing exports to Middle Eastern markets via Sinovac partnership.
- Ownership category
- akta.pro rank
Shandong Xinhua Pharmaceutical industry classification
Industry- Product category
- Generic Pharmaceuticals
- NAICS
- Pharmaceutical Preparation Manufacturing (325412), Medicinal and Botanical Manufacturing (325411), Pharmaceutical and Medicine Manufacturing (32541), Pharmaceutical and Medicine Manufacturing (3254)
- SIC
- Pharmaceutical Preparations (2834), Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Generic Finished Dosage Form (FDF) Manufacturing (HLAIABAH)
- akta.pro secondary industry
- Controlled Substances / DEA-Scheduled API Manufacturing (HLAGAHAD)
Keywords
Where Shandong Xinhua Pharmaceutical is headquartered
LocationHeadquarters
- HQ city
- Zibo
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
Shandong Xinhua Pharmaceutical business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Pharmaceutical Manufacturing and Sales: Primary revenue from manufacturing and selling pharmaceutical products including ibuprofen (market leader in China), raw material drugs, and pharmaceutical intermediates. Revenue generated through domestic sales and export of pharmaceutical products to international markets.
Go-to-market motion1 record
Distribution channels1 record
Shandong Xinhua Pharmaceutical product offering
Product offeringCore offering
Shandong Xinhua Pharmaceutical manufactures and sells pharmaceutical products, primarily as China's leading ibuprofen producer. Its portfolio includes raw material drugs (APIs), pharmaceutical intermediates, finished dosage forms (EPA ethyl ester soft capsules, Sevelamer carbonate tablets), and a pipeline of small molecule drug candidates (LXH-2101, LXH-2102, LXH-2103) approved by China's NMPA for clinical trials.
Product overview
Shandong Xinhua Pharmaceutical is a pharmaceutical manufacturer offering a portfolio of drug products including small molecule drug candidates in development (LXH-2101, LXH-2102, LXH-2103), established pharmaceutical products (ibuprofen, Sevelamer carbonate tablets), and export products (EPA ethyl ester soft capsules). The company operates in both domestic Chinese and international markets, with recent partnerships focused on Middle Eastern pharmaceutical exports.
Differentiator
Problem solved
Functional benefit
Products and services
- Ibuprofen
- Eicosapentaenoic acid (EPA) ethyl ester soft capsules
- Sevelamer carbonate tablets
- LXH-2103 injection
- LXH-2101
- LXH-2102
- Pharmaceutical intermediates and raw material drugs (APIs)
Companies that use Shandong Xinhua Pharmaceutical
Customer profileSegments2 records
Ideal customer profiles1 record
Shandong Xinhua Pharmaceutical technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Shandong Xinhua Pharmaceutical partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sinovac BiotechcoreSinovac Pharmaceutical partnered with Xinhua Pharmaceutical (000756.SZ) to export high-purity eicosapentaenoic acid (EPA) ethyl ester soft capsules to Saudi Arabia and the UAE. This is their second major partnership, following earlier collaboration on Sevelamer carbonate tablets. Both companies seek to expand domestically-produced pharmaceuticals into key Middle Eastern markets.
Scale indicators3 records
Recent moves5 records
Expansion highlights1 record
Shandong Xinhua Pharmaceutical competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Shandong Xinhua Pharmaceutical social profiles
Digital presenceShandong Xinhua Pharmaceutical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shandong Xinhua Pharmaceutical leadership team
Management profileNumber of profiles
Shandong Xinhua Pharmaceutical funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shandong Xinhua Pharmaceutical M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shandong Xinhua Pharmaceutical
What does Shandong Xinhua Pharmaceutical do?
Shandong Xinhua Pharmaceutical manufactures and sells pharmaceutical products, primarily as China's leading ibuprofen producer. Its portfolio includes raw material drugs (APIs), pharmaceutical intermediates, finished dosage forms (EPA ethyl ester soft capsules, Sevelamer carbonate tablets), and a pipeline of small molecule drug candidates (LXH-2101, LXH-2102, LXH-2103) approved by China's NMPA for clinical trials.
Is Shandong Xinhua Pharmaceutical a public or private company?
Shandong Xinhua Pharmaceutical is a public company. It is classified as public and is currently operating.
When was Shandong Xinhua Pharmaceutical founded?
Shandong Xinhua Pharmaceutical was founded in 1943. It employs 5,001 to 10,000 people.
Where is Shandong Xinhua Pharmaceutical based?
Shandong Xinhua Pharmaceutical is headquartered in Zibo, China, in the Asia region.
How does Shandong Xinhua Pharmaceutical make money?
One revenue line is on record: pharmaceutical Manufacturing and Sales.
Does Shandong Xinhua Pharmaceutical have an API?
No public API is recorded for Shandong Xinhua Pharmaceutical.
What industry is Shandong Xinhua Pharmaceutical in?
Shandong Xinhua Pharmaceutical's product category is Generic Pharmaceuticals. Its primary akta.pro industry code is HLAIABAH, Generic Finished Dosage Form (FDF) Manufacturing, with a secondary code of HLAGAHAD, Controlled Substances / DEA-Scheduled API Manufacturing. Its NAICS code is 325412 and its SIC code is 2834.