Editor's Note
On 28 Oct., 2025, ZMC announced plans to invest USD237.77 million (RMB1,685 million) in the ZMC Changbei Bio construction project.
On 30 Oct., 2025, Tianxin Pharma released its financial report for Q3 2025.
In mid-November 2025, Hangzhou Minsheng Healthcare Co., Ltd. issued a statement addressing recent gross margin fluctuations.
Project Progress of Multiple Companies
- EI report for BASF Vitamin's expansion and renovation project was accepted.
- EI report for L&P Food's 500 t/a nutrition enhancer folic acid project was approved.
- EI report for the Xinweirong Chemical's vitamin derivatives series products project (Phase II) was publicised.
- EI report for the 1,400 t/a bio-fermented series products project of Keming Biomedical was announced to be approved.
- EI report for Huachen Pharmaceutical's vitamin B5 production equipment upgrading project was accepted.
The USD/RMB exchange rate in this Report is USD1.00=CNY7.0867 on 3 Nov. 2025, sourced from the People's Bank of China. All the prices mentioned in this Report will include the VAT, unless otherwise specified.
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Market Analysis
- Tianxin Pharma releases its Q3 report for 2025
Company Dynamics
- ZMC plans to invest USD237.77 million in Changbei Bio project
- BASF Vitamin's expansion and renovation project
- L&P Food's 500 t/a folic acid project
- Xinweirong Chemical's vitamin derivatives series products project (Phase II)
- Minsheng Healthcare's gross margin decreases
- Keming Biomedical's 1400 t/a bio-fermented series products project
- Huachen Pharmaceutical's vitamin B5 production equipment upgrading project
Price Update
- Ex-works prices of selected vitamins in China, Nov. 2025
- Vitamin market experiences mixed price trends in Nov.
Import and Export
- Imports and exports of selected vitamins in China, Oct. 2025
- Export volume of vitamin up by 5.79% MoM
News in Brief
- SSY Group's Vitamin B6 injection passes key consistency evaluation
- Foyou Pharma vitamin K1 injection initiates bioequivalence trial
- Nengter Tech net profit increases by 276.59% YoY in first three quarters
- SSY Group vitamin A palmitate approved for market launch
- Wanhua Chemical obtains vitamin A invention patent
- EU approves D-calcium pantothenate and D-panthenol for all animal species
- Tuoxin Pharma obtains FSSC22000 food safety certification
- NHU granted invention patent: vitamin D3 crystallization method and system
- Jiangshan Pharmaceutical's 8,000 t/a L-Ascorbic acid-2-phosphate ester project
- Cisen Pharmaceutical's vitamin K1 API gains "A" status from CDE

