Shandong Pharmaceutical Glass

What Shandong Pharmaceutical Glass does

Shandong Pharmaceutical Glass Co., Ltd. (山东省药用玻璃股份有限公司) is a Chinese pharmaceutical packaging manufacturer founded in 1970 as the Shandong Pharmaceutical Glass General Factory, restructured into a joint-stock company in 1993, and headquartered in Yiyuan County, Zibo City, Shandong Province. The company manufactures Type I and medium borosilicate glass containers including vaccine vials, prefilled syringes (with and without needles), pen-injector glass sleeves, medium borosilicate glass tube injection bottles, alkali-resistant borosilicate IV infusion bottles, oral liquid bottles, and Boston-style bottles; complementary closure products include butyl rubber stoppers, vaccine rubber stoppers, coated lyophilization stoppers, plastic tamper-evident security caps, and prefilled needle protective caps. Products are registered with both the China CDE and US FDA, and the company's core technology differentiator is its integrated "bottle + stopper + cap" (瓶子+塞子+盖子) product chain, which it positions as its central competitive moat.

The company serves domestic and international pharmaceutical manufacturers through a direct enterprise sales force organized into six geographic zones (North China, South China Zone 1, South China Zone 2, Shandong, Market Development, and Export), supplemented by an Alibaba B2B storefront (sdsyybl.1688.com) and participation in industry trade shows such as CPhI China. Revenue is generated through one-time B2B sales of pharmaceutical packaging products with no public pricing tiers; payment methods include bank transfer, WeChat Pay, and Alipay. The company reports 5,001–10,000 employees and operates multiple production subsidiaries including 橡塑分公司, 土门分公司, 康瑞公司, 丰瑞公司, and 成新公司, with a documented 2017 safety training initiative covering 2,360+ workers across these sites.

Shandong Pharmaceutical Glass became China's first listed pharmaceutical packaging company when it completed its IPO on the Shanghai Stock Exchange in June 2002 under stock code 600529, issuing 32 million A-shares. Leadership is held by Chairman Chai Wen (柴文, recognized as a provincial-level labor model) and General Manager Hu Yonggang (扈永刚). Recent strategic emphasis has been placed on high-value biologic drug delivery formats (prefilled syringes, pen-injector sleeves, coated lyophilization stoppers) alongside legacy commodity glass packaging, and on building export channels through a dedicated foreign trade division and export agency. Financial trajectory through 2021–2025 shows revenue peaking in 2023 followed by two consecutive years of decline, with enterprise value contracting materially in 2025, warranting careful attention to forward demand from Chinese vaccine and injectable drug makers.

Name

Shandong Pharmaceutical Glass

Legal name

山东省药用玻璃股份有限公司

Website

https://pharmglass.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Shandong Pharmaceutical Glass is a Chinese pharmaceutical packaging manufacturer founded in 1970 and listed on the Shanghai Stock Exchange (600529) that produces borosilicate glass containers, prefilled syringes, vaccine vials, and butyl rubber stoppers for domestic and international pharmaceutical manufacturers through an integrated bottle-stopper-cap product chain.

Ownership category

akta.pro rank

Product category

Pharmaceutical Glass Packaging

NAICS

Glass Container Manufacturing (327213), Glass and Glass Product Manufacturing (3272)

SIC

Glass Containers (3221)

akta.pro primary industry

Pharmaceutical & Medical Glass Packaging (Vials, Ampoules, Syringes) (IMALAEAB)

akta.pro secondary industries

Primary Pharmaceutical Packaging (Blister Packs, Bottles, Vials, Ampoules) (IMALAIAA), Cosmetics & Perfumery Glass Packaging (Fragrance Bottles, Cosmetic Jars) (IMALAEAC), Colored & UV-Protective Glass Packaging (Amber, Green, UV-Blocking) (IMALAEAH)

Keywords

• Pharmaceutical glass packaging
• Borosilicate glass containers
• Vaccine vials manufacturing
• Prefilled syringes production
• Rubber stopper products

Headquarters

HQ city

Zibo

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Pharmaceutical glass packaging products: Revenue from manufacturing and selling药用玻璃包装 products including glass vials, bottles, ampoules, and related pharmaceutical packaging for domestic and international pharmaceutical manufacturers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Shandong Pharmaceutical Glass manufactures and sells pharmaceutical glass packaging products, including prefilled syringes, vaccine bottles, medium borosilicate glass injection vials, alkali-resistant borosilicate glass infusion bottles, pen injector glass sleeves, and butyl rubber stoppers with matching caps. The company operates a complete "bottles + stoppers + caps" industry chain, providing integrated pharmaceutical packaging solutions to domestic and international pharmaceutical manufacturers.

Product overview

Shandong Pharmaceutical Glass is a professional pharmaceutical packaging material manufacturer offering a comprehensive product portfolio centered on pharmaceutical glass containers. The company's product system consists of three main categories: (1) pharmaceutical glass packaging products including prefilled syringes, vaccine bottles, injection bottles, infusion bottles, and glass sleeves for pen injectors; (2) butyl rubber stoppers and matching closure products including vaccine stoppers, lyophilization stoppers, and plastic security caps; (3) cosmetics and food packaging glass bottles. The company operates a complete "bottles + stoppers + caps" industry chain, providing integrated pharmaceutical packaging solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Prefilled Syringes (预灌封) Pre-filled syringes for pharmaceutical drug delivery applications, for use by pharmaceutical manufacturers.
• Vaccine Bottles (疫苗瓶) Glass containers specifically designed for vaccine storage and delivery, for pharmaceutical manufacturers and vaccine producers.
• Medium Borosilicate Glass Tube Injection Bottles (中硼硅玻璃管注射剂瓶) Injection bottles made from medium borosilicate glass tube material for pharmaceutical use, for injectable drug manufacturers.
• Alkali-resistant Borosilicate Glass Infusion Bottles (耐碱硼硅玻璃输液瓶) Infusion bottles made from alkali-resistant borosilicate glass for IV therapy applications, for IV solution manufacturers.
• Prefilled Syringe Assemblies with Needles (预灌封注射器组合件) Complete prefilled syringe assemblies including injection needles for ready-to-use pharmaceutical delivery, for injectable drug manufacturers.
• Borosilicate Glass Sleeves for Pen Injectors (笔式注射器用硼硅玻璃套筒) Glass cartridges/sleeves designed for pen-style injection devices used in pharmaceutical applications, for biologic drug delivery device manufacturers.
• Vaccine Rubber Stoppers (疫苗胶塞) Rubber stoppers specifically designed for vaccine vials ensuring secure seals and drug compatibility, for vaccine manufacturers.
• Coated Lyophilization Rubber Stoppers (覆膜冻干胶塞) Coated rubber stoppers designed for freeze-dried pharmaceutical products requiring enhanced seal integrity, for lyophilized drug manufacturers.
• Butyl Rubber Stoppers and Matching Cap Products Series (丁基胶塞及配套盖塞产品系列) Complete product line of butyl rubber stoppers and matching cap/closure systems for pharmaceutical containers, integrated with glass bottle offerings.
• Lightweight Brown Oral Liquid Bottles (轻量棕色口服液瓶) Lightweight glass bottles for oral liquid pharmaceutical preparations with light-protective brown coloring, for oral medication manufacturers.
• Black Boston Bottles (黑色波斯顿瓶) Black glass Boston-style bottles for pharmaceutical packaging applications requiring light protection.
• Plastic Security Caps (塑料防盗盖) Plastic tamper-evident security caps for pharmaceutical containers, sold as part of the integrated bottle-stopper-cap product chain.
• Prefilled Needle Protective Caps (预灌封用针头护帽) Protective caps for needles on prefilled syringe products ensuring safety and sterility, supplied alongside prefilled syringes.
• Cosmetics and Food Packaging Bottles Series (化妆品和食品类包装用瓶系列) Glass bottle product line for cosmetics and food industry packaging applications, including colored bottles (blue, green, cobalt blue) and cream/ointment glass bottles.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Stevanato Group: Italian pharma glass and drug delivery solutions company offering vials, syringes, and integrated packaging lines. Comparable to Shandong in prefilled syringes, vials, and biologics-grade packaging serving global pharma manufacturers.
• DWK Life Sciences: European manufacturer of premium glass packaging for pharmaceutical, life science, and laboratory applications. Comparable to Shandong across pharmaceutical-grade vials, dropper bottles, and specialty glass containers.
• SGD Pharma: French manufacturer of pharmaceutical glass packaging (vials, bottles, droppers, syringes). Closely comparable mid-sized player in pharma glass packaging with similar focus on injectables and primary packaging for drug manufacturers.
• Nipro Corporation: Japanese medical devices and pharmaceutical packaging manufacturer producing glass vials, syringes, and pharmaceutical glass products. Directly comparable across pharma glass primary packaging offerings and Asian-market presence.
• Gerresheimer AG: German-headquartered global manufacturer of pharmaceutical glass and plastic packaging (vials, syringes, ampoules, bottles). Directly comparable to Shandong Pharmaceutical Glass across product categories, customer base (global pharma manufacturers), and regulatory-grade quality positioning.
• SCHOTT (SCHOTT Pharma): German specialty glass manufacturer and the global benchmark in pharmaceutical glass tubing and vials (including Type I borosilicate and FIOLAX/EXTRACT). Directly competes with Shandong in pharma-grade vials, ampoules, and syringes for injectable and biologic applications.

Broad incumbents

• Corning Incorporated: US-based specialty glass and materials company whose Corning Pharmaceutical Technologies division produces Valor Glass for vials and prefilled syringes. Indirect peer — overlaps with Shandong in pharma-grade primary packaging for injectables but operates at much broader scale.

Emerging players

• West Pharmaceutical Services: US-based manufacturer of elastomer components (stoppers, seals, plungers) and drug delivery systems for injectables. Comparable to Shandong's butyl rubber stopper business and relevant overlap in prefilled syringe components and lyophilization stoppers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/617516551604158
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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Shandong Pharmaceutical Glass