Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) Bundle
Zhejiang Ausun Pharmaceutical Co., Ltd., a coastal pharmaceutical innovator founded in April 2010 and publicly traded under stock code 603229 since its Shanghai Stock Exchange listing on May 9, 2017, has grown into a research-driven manufacturer of preparations, specialty APIs and key intermediates that export to Europe, the US, Japan and South Korea; with nearly 800 employees and an R&D, development and analysis team of over 200 doctors and masters, the company has positioned R&D investment at more than 10% of operating income over the past three years-an investment philosophy reflected in its academician workstation, Zhejiang Provincial Research Institute and provincial enterprise technology center-discover how these mission, vision and core values of Integrity, Diligence, Pragmatism, Innovation and social responsibility are shaping its drive to become a first-class global pharmaceutical enterprise
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) - Intro
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) was established in April 2010 and listed on the Shanghai Stock Exchange on May 9, 2017 (stock code 603229). Headquartered in the coastal park of the chemical API base in Toumengang Economic Development Zone, Zhejiang Province, Ausun is the first pharmaceutical enterprise with an academician workstation among Taizhou's medical and chemical companies. As of late 2025 the company employs nearly 800 people, including a research, development and analysis team of over 200 doctors and masters, specializing in pharmaceutical preparations, specialty active pharmaceutical ingredients (APIs), and key pharmaceutical intermediates. Its products are primarily exported to Europe, the United States, Japan, South Korea and other regions. For company history and business model details see Zhejiang Ausun Pharmaceutical Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money.| Metric | Value / Detail |
|---|---|
| Founded | April 2010 |
| IPO | Shanghai Stock Exchange, 9 May 2017 (603229) |
| Headquarters | Toumengang Economic Development Zone, Zhejiang Province |
| Headcount (late 2025) | ~800 employees |
| R&D Team | Over 200 doctors and masters (~25% of total workforce) |
| Core Businesses | Pharmaceutical preparations, specialty APIs, key intermediates |
| Global Markets | Europe, United States, Japan, South Korea, others |
| Distinguishing Asset | First academician workstation among Taizhou medical/chemical firms |
Mission
- Deliver high-quality, safe and affordable pharmaceutical solutions worldwide by advancing API and preparation R&D and scalable production.
- Support global health through targeted innovation in specialty APIs and intermediates used in critical therapies.
- Maintain compliant, sustainable manufacturing aligning with international regulatory standards to ensure export reliability.
Vision
- Become a globally recognized Chinese innovator in specialty APIs and formulation technologies, expanding market share in Europe, North America and Asia-Pacific.
- Achieve sustained growth by scaling proprietary processes, strengthening partnerships with academic institutions (leveraging the academician workstation), and increasing R&D commercialization.
- Evolve into an integrated pharma platform balancing upstream API leadership with downstream formulation capabilities to capture greater value across the supply chain.
Core Values
- Scientific Excellence - sustained investment in R&D (R&D talent >200) and academic collaboration to drive product quality and differentiation.
- Regulatory Integrity - rigorous compliance with GMP and export-oriented regulatory regimes to secure access to stringent markets.
- Customer Focus - delivering reliable supply and technical support to pharmaceutical partners in Europe, the US, Japan and Korea.
- Operational Discipline - continuous improvement of manufacturing efficiency and safety in the Toumengang chemical API base.
- Sustainability & Responsibility - minimizing environmental footprint in chemical API synthesis and committing to safe workplace practices.
Strategic KPIs & Operational Targets
| KPI | Current / Target |
|---|---|
| Workforce | ~800 employees; target maintain high R&D ratio (>25%) |
| R&D Talent | >200 doctors/masters; ongoing recruitment to support pipeline |
| Export Markets | Primary: Europe, US, Japan, South Korea - goal: expand share in regulated markets |
| Academic Collaboration | Academician workstation - leverage for new molecule development and tech transfer |
| Product Mix | Balance between specialty APIs, intermediates and finished formulations to improve margin capture |
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) - Overview
'Our mission is to create innovative medicines to improve the life quality.' This mission underscores Zhejiang Ausun Pharmaceutical Co., Ltd.'s dedication to enhancing human health through the development of novel pharmaceutical products. By focusing on innovation, the company aims to address unmet medical needs and improve patient outcomes, reflecting a patient-centric approach that prioritizes individual well-being. This orientation aligns with strategic initiatives and measurable resource allocation toward R&D.- Mission focus: develop innovative, high-quality medicines targeted at unmet clinical needs.
- Patient-centricity: prioritizing quality of life and therapeutic outcomes in R&D and product strategy.
- Strategic R&D commitment: sustained investment to translate research into clinical and commercial products.
| Metric | Value / Observation |
|---|---|
| R&D investment (share of operating income) | Over the past three years: >10% of operating income |
| Strategic focus | Innovative small molecules, specialty generics, clinical-stage assets |
| Market listing | Shanghai Stock Exchange (603229.SS) |
- To be a leading developer of innovative pharmaceuticals that measurably improve patients' lives domestically and internationally.
- To build sustainable pipelines through translational research, strategic partnerships, and disciplined investment.
- Innovation: allocating resources and cultivating talent to transform science into therapies.
- Integrity: adherence to regulatory, clinical and ethical standards across development and commercialization.
- Quality: commitment to product safety, manufacturing excellence, and post-market vigilance.
- Collaboration: partnering with academic institutions, biotech peers, and healthcare stakeholders to accelerate development.
- Patient-first: prioritizing therapeutic benefit and life-quality outcomes in decision-making.
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) - Mission Statement
Vision Statement"We are committed to becoming a first-class enterprise in the global pharmaceutical and healthcare markets."
This vision encapsulates Zhejiang Ausun Pharmaceutical Co., Ltd.'s ambition for global recognition and sector leadership. By aspiring to be "first-class," the company sets a high bar for operational excellence, product safety and efficacy, and international competitiveness. The emphasis on global pharmaceutical and healthcare markets signals a strategic commitment to cross-border expansion, diversification of product channels, and heightened regulatory and quality standards aligned with leading global peers.
- Global ambition: targeted expansion into international markets with regulatory alignment and export growth.
- Operational excellence: adherence to high-quality manufacturing standards and continuous process improvement.
- Innovation-driven growth: sustained investment in R&D platforms and technology transfer to commercial products.
Structural commitments to realize this vision are evident in the company's R&D and innovation infrastructure. Key platforms created to underpin long-term innovation include a Zhejiang Provincial Research Institute and a provincial enterprise technology center, designed to foster translational research, formulation development, and process optimization.
| Metric | Data / Status |
|---|---|
| Stock ticker & exchange | 603229.SS - Shanghai Stock Exchange |
| R&D platforms | Zhejiang Provincial Research Institute; Provincial Enterprise Technology Center |
| Primary therapeutic focus | Pharmaceutical formulations, generic APIs, healthcare products |
| International strategy | Export orientation with ongoing market development for APAC and beyond |
Operational and innovation priorities that align with the vision:
- Strengthening R&D pipeline via the provincial research institute to accelerate product development cycles.
- Leveraging the enterprise technology center to industrialize novel formulations and improve manufacturing yields.
- Fostering partnerships with universities and contract research organizations to broaden scientific capabilities and regulatory expertise.
- Enhancing quality systems and certifications to meet stringent international regulatory requirements (e.g., GMP standards).
Key performance indicators the company tracks to measure progress toward the vision:
- R&D investment and number of new dossiers filed for registration.
- Market penetration metrics in target export regions and number of regulatory approvals obtained.
- Manufacturing capacity utilization and product quality metrics (batch release success rates, deviation rates).
- Collaborations and technology transfers enabled by the provincial research institute and technology center.
For a deeper look at the company's background, mission, and how it operates within markets, see: Zhejiang Ausun Pharmaceutical Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) - Vision Statement
Zhejiang Ausun Pharmaceutical Co., Ltd. (603229.SS) envisions becoming a leading integrated pharmaceutical group that delivers high-quality, affordable therapeutics while driving innovation in drug development and manufacturing, sustaining long-term value for patients, partners and shareholders, and actively contributing to public health and social welfare. Core values anchor operations and stakeholder interactions:- Integrity - honesty and transparency in all business dealings to build trust with partners, patients and regulators.
- Diligence - a relentless work ethic and commitment to operational and clinical excellence across R&D, manufacturing and commercialization.
- Pragmatism - solution-oriented decision-making focused on efficiency, quality and regulatory compliance.
- Innovation - continuous investment in new formulations, generics optimisation and pipeline development to meet evolving medical needs.
- Integrity in Conduct and Work - strict adherence to ethical standards, professional conduct and GxP throughout the value chain.
- Giving Back to Society - CSR through patient access initiatives, community health programs and sustainable corporate practices.
- Advance a balanced portfolio of quality generics, specialty medicines and R&D-driven candidates.
- Strengthen manufacturing capacity with GMP upgrades and digital quality systems to ensure supply continuity.
- Increase R&D productivity through targeted collaborations, clinical partnerships and selective licensing.
- Promote transparent governance, compliance and ESG practices to protect stakeholder trust and long-term growth.
| Metric | Figure (approx.) | Notes / Timeframe |
|---|---|---|
| Revenue | ¥1.1-1.5 billion | Annual sales range typical of recent fiscal years (approx.) |
| Net profit (attributable) | ¥80-180 million | Profitability influenced by product mix and R&D spending |
| R&D expenditure | ¥40-120 million | Ongoing investment to support formulations and pipeline |
| Employees | ~1,000-1,800 | Aggregate manufacturing, R&D and commercial staff |
| Market capitalization | ¥6-15 billion | Public market valuation range (603229.SS) |
| Export / International sales | ~10-25% of revenue | Growing but still primarily domestic-focused |
- Integrity: publish regular compliance training completion rates, supplier audits and batch-release transparency metrics.
- Diligence: maintain on-time delivery targets, manufacturing yield rates and product complaint resolution SLAs.
- Pragmatism: use ROI thresholds for portfolio prioritization; streamline product lifecycle decisions by time-to-market KPIs.
- Innovation: monitor number of pipeline candidates, IND/CTA filings, and patent applications per year.
- Integrity in Conduct and Work: track internal ethics incidents, third-party audit results and regulatory inspection outcomes.
- Giving Back to Society: report CSR spend, patient-assistance program reach and community health initiatives annually.

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