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Tibet Weixinkang Medicine Co Ltd

9.09-22.2%1Y · CNY

Tibet Weixinkang Medicine Co., Ltd. is a China-based company engaged in the research, development, production, and sale of chemical drugs and their bulk drugs. Its product portfolio includes APIs, multivitamin and pediatric multivitamin injections, trace element concentrate solutions for infusion, compound and pediatric compound amino acid injections, and various injections such as iron sucrose, multiple electrolytes, potassium aspartate and magnesium aspartate, carbohydrate and electrolyte, pentoxifylline, piracetam, and dopamine hydrochloride. The company also offers acetylcysteine solution for inhalation. Formerly known as Weixinkang Medicine Youxian Gongsi, it changed its name to Tibet Weixinkang Medicine Co., Ltd. in 2015. Founded in 2002, the company is headquartered in Lhasa, China.

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Weixinkang Subsidiary Baiyi Pharmaceutical Receives Drug Registration Certificate for Water-Soluble Vitamins for Injection

Weixinkang announced that its wholly-owned subsidiary Baiyi Pharmaceutical has received the Drug Registration Certificate for Water-Soluble Vitamins for Injection issued by the National Medical Products Administration. The specification is compound, the registration classification is chemical drug category 3, and it is deemed to have passed consistency evaluation. This drug is an indispensable component of parenteral nutrition, used to meet the daily physiological needs of adults and children for water-soluble vitamins. The announcement shows that the company's cumulative R&D investment is approximately 8.03 million yuan, unaudited. Weixinkang stated that it has begun pre-launch preparations, but future sales are subject to uncertainty due to factors such as the market environment and bidding.
603676.CG · Technology · Positive Wholly-owned subsidiary Baiyi Pharmaceutical received a Drug Registration Certificate for Water-Soluble Vitamins for Injection, a new product approval.
白医制药 · Technology · Positive Baiyi Pharmaceutical received the Drug Registration Certificate for Water-Soluble Vitamins for Injection from the NMPA.
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Weixinkang's Potassium Aspartate Injection New Specification Approved and Deemed to Have Passed Consistency Evaluation

Weixinkang's wholly-owned subsidiary Yangpu Jingtai has received the Drug Supplementary Application Approval Notice for Potassium Aspartate Injection issued by the National Medical Products Administration, approving the addition of a new specification of 20 milliliters, containing 3.424 grams of potassium aspartate, and deeming it to have passed the consistency evaluation. The drug is an electrolyte supplement used to treat hypokalemia caused by various reasons. According to data from Menet, in 2025 the drug's terminal sales in domestic urban public hospitals and county-level public hospitals amounted to 412 million yuan, and the company's cumulative research and development investment was approximately 1.2184 million yuan. Weixinkang stated that it has begun pre-launch preparations, but future sales are subject to uncertainties due to factors such as the market environment and bidding processes.
603676.CG · Regulation · Positive NMPA approved a new 20ml specification of its Potassium Aspartate Injection and deemed it passed consistency evaluation, a regulatory approval that supports future sales.
洋浦京泰 · Regulation · Positive The wholly-owned subsidiary received the NMPA supplementary application approval for the new specification and consistency evaluation of Potassium Aspartate Injection.
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Weixinkang's 2026 interim net profit was 143 million yuan, down 21.81% year-on-year

Weixinkang released its 2026 interim report. The company's total operating revenue was 584 million yuan, down 0.32% from the same period last year. Net profit attributable to the parent was 143 million yuan, down 21.81% year-on-year. Net cash inflow from operating activities was 163 million yuan. The asset-liability ratio was 21.57%, gross margin was 59.13%, ROE was 9.28%, and diluted earnings per share was 0.33 yuan. The company had 14,200 shareholders, and the top ten shareholders held 78.39% of total share capital.
603676.CG · Capital · Negative Net profit fell 21.81% year-on-year, missing expectations.
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Weixinkang Subsidiary Obtains Drug Registration Certificate for Multivitamin for Injection (12)

Weixinkang's wholly-owned subsidiary Baiyi Pharmaceutical has received the drug registration certificate for Multivitamin for Injection (12) approved and issued by the National Medical Products Administration. The product specification is 5 ml per vial, registered as a Category 4 chemical drug, and deemed to have passed the consistency evaluation. Multivitamin for Injection (12) is an intravenous vitamin supplement indicated for adult and pediatric patients aged 11 years and older who require vitamin supplementation via injection when oral nutrition is contraindicated, impossible, or insufficient.
603676.CG · Technology · Positive Subsidiary obtains drug registration certificate for Multivitamin for Injection (12), a new product approval.
白医制药 · Technology · Positive Baiyi Pharmaceutical receives drug registration certificate for Multivitamin for Injection (12).
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Weixinkang Terminates Exclusive Licensing Agreement for Acetaminophen and Ibuprofen Injection

Weixinkang announced that due to significant changes in industry policies and the market environment, the company and AFT Pharmaceuticals have mutually agreed to terminate the Exclusive Licensing Agreement signed on September 27, 2024. Under the agreement, Zhongwei Chengkang was originally granted an exclusive license to develop, sell, and commercialize the acetaminophen and ibuprofen injection in mainland China. Within three business days after signing the termination agreement, Zhongwei Chengkang must permanently destroy or delete all relevant materials provided by AFT, and AFT will refund the initial payment of 300,000 US dollars already made.
603676.CG · Regulation · Negative Termination of exclusive licensing agreement due to industry policy changes, losing rights to develop and commercialize the product in China.
中卫诚康 · Regulation · Negative As the licensee, Zhongwei Chengkang loses exclusive rights and must destroy materials, with refund of initial payment.
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Weixinkang Subsidiary Obtains Drug Registration Certificate for Compound Potassium Hydrogen Phosphate Injection

Weixinkang's wholly-owned subsidiary Baiyi Pharmaceutical has received the Drug Registration Certificate for Compound Potassium Hydrogen Phosphate Injection issued by the National Medical Products Administration. The product specification is 5 ml containing 1.12 g of potassium dihydrogen phosphate and 1.18 g of dipotassium hydrogen phosphate, approved as a Category 3 chemical drug and deemed to have passed the consistency evaluation. Compound Potassium Hydrogen Phosphate Injection is indicated for the correction of hypophosphatemia and parenteral nutrition support in adults and children. The original reference listed drug is not marketed in China.
603676.CG · Regulation · Positive Subsidiary obtained drug registration certificate from NMPA, enabling market entry.
白医制药 · Regulation · Positive Baiyi Pharmaceutical received the Drug Registration Certificate for the injection.
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