Shandong Xinhua Pharmaceutical Co Ltd
SZSE:000756
Shandong Xinhua Pharmaceutical Co Ltd's latest stock split occurred on Jul 27, 2018
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, Shandong Xinhua Pharmaceutical Co Ltd traded at 8.0769 per share. Afterward, the share price was about 7.5192.
The adjusted shares began trading on Jul 27, 2018. This was the only stock split in Shandong Xinhua Pharmaceutical Co Ltd's history.
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Shandong Xinhua Pharmaceutical Co Ltd
Glance View
In the industrious province of Shandong, China, Shandong Xinhua Pharmaceutical Co. Ltd. emerges as a notable player in the pharmaceutical landscape. Established in 1943, the company has grown into a comprehensive pharmaceutical enterprise with a significant presence both domestically and internationally. At its core, Shandong Xinhua is devoted to the research, development, and manufacture of active pharmaceutical ingredients (APIs), finished dosages, and chemical intermediates. The firm's strength lies in its diverse range of products, with pain management and anti-infectives being standout categories. Their strategic focus on innovation is evident in their state-of-the-art R&D facilities, which fuel continuous product development, ensuring they meet high regulatory standards and cater to evolving market demands. The journey of Shandong Xinhua is one of strategic evolution, with a steadfast commitment to quality and sustainability. This narrative is reflected in their robust revenue streams derived from both domestic sales and the lucrative export markets across over 50 countries. The company's business model hinges on creating value through efficient manufacturing processes and leveraging economies of scale, which enhances their competitive edge in the global market. With an eye on future growth, they've also been investing in digitalization to streamline operations and enhance productivity. As the pharmaceutical sector continues to expand, Shandong Xinhua Pharmaceutical Co. Ltd. is poised to capitalize on emerging opportunities, underpinned by its solid foundation and innovative thrust.
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