China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) Bundle
From a legacy spanning over 70 years to its modern footprint as a China Resources affiliate, China Resources Double‑Crane Pharmaceutical Co., Ltd. combines deep heritage with market reach-established in 1997 and integrated into China Resources in 2010-operating through 16 subsidiaries and a workforce of more than 14,000 employees to deliver intravenous solutions and therapies for cardiovascular, cerebrovascular, endocrine and pediatric care; the company's portfolio features well‑known brands such as Hypertensive No.0, GuanShuang, Tangshiping, Erxiekang, Kelisu and Yashida, distributed across hospitals, community health service stations, county hospitals and pharmacies, producing an industrial revenue of 5.37 billion RMB and signaling its drive toward a 10 billion-industry strategic objective while adhering to core values-Integrity, Pursuing Excellence, Customer Comes First, Return to Community-plus commitments to Innovation and Sustainability that shape its mission "Care for People and Promote Health."
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) - Intro
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) is a long-established Chinese pharmaceutical manufacturer with roots stretching back more than 70 years. The modern corporate entity was established in 1997 and became part of China Resources (Holding) Co., Ltd. following acquisition in 2010. Today the company is a major participant in China's chemical pharmaceuticals sector, operating multiple manufacturing bases, research centers and a nationwide sales network.- Founded (modern entity): 1997
- Acquired by China Resources: 2010
- Listed ticker: 600062.SS
- Corporate history span: >70 years (industrial lineage)
- Subsidiaries: 16
- Employees: >14,000
- Core therapeutic areas: intravenous solutions; cardiovascular & cerebrovascular; endocrine disorders; pediatric medicines
- Key branded products: Hypertensive No.0, GuanShuang, Tangshiping, Erxiekang, Kelisu, Yashida
- Sales channels: tertiary & county hospitals, community health service stations, retail pharmacies
- Manufacturing & R&D: multiple GMP-compliant production lines and research platforms supporting formulation, sterile production and API development
| Indicator | Value | Notes |
|---|---|---|
| Established (company) | 1997 | Modern corporate formation |
| Acquisition by China Resources | 2010 | Integrated into China Resources healthcare portfolio |
| Subsidiaries | 16 | Operating units across manufacturing, distribution and R&D |
| Employees | >14,000 | Clinical, manufacturing, sales and administrative staff |
| Major product categories | IV solutions; cardiovascular; endocrine; pediatric | Broad hospital and retail penetration |
| Stock exchange | Shanghai Stock Exchange (600062.SS) | Publicly listed company |
- Mission: Deliver safe, effective and accessible pharmaceutical products across China's healthcare system, with emphasis on sterile products and chronic-disease therapies.
- Vision: Be a leading, innovation-driven Chinese pharma enterprise recognized for quality manufacturing and broad clinical impact.
- Core values: Patient-centricity, compliance & quality, continuous R&D investment, collaborative partnerships, operational excellence.
- Distribution footprint: Multi-tier network serving hospitals (including county-level institutions), community health service stations and pharmacies to ensure product accessibility.
- Therapeutic penetration: Strong presence in cardiovascular/cerebrovascular and endocrine therapy markets, plus substantial IV solution production capacity supporting hospital consumption.
- Brand recognition: Several legacy brands (e.g., Hypertensive No.0, GuanShuang) with established clinician and patient awareness in their segments.
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) - Overview
Mission Statement: China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) is committed to 'Care for People and Promote Health,' centering its strategy and operations on improving public well‑being and expanding access to essential medicines.
Enterprise values (China Resources):
- Integrity
- Pursuing Excellence
- Customer Comes First
- Return to Community
Key 2022 operational and financial highlights:
- Industrial annual revenue: 5.37 billion RMB
- Net profit: 840 million RMB (approx. 15.6% net margin)
- Ongoing strategic target: achieving a 10 billion RMB industry-scale objective
| Metric | 2022 | Notes |
|---|---|---|
| Industrial Annual Revenue (RMB) | 5,370,000,000 | Core sales across pharmaceuticals and related products |
| Net Profit (RMB) | 840,000,000 | Reported consolidated net profit for the year |
| Net Profit Margin | 15.6% | Net profit ÷ revenue |
| Strategic Revenue Target | 10,000,000,000 | Long-term industry-scale objective |
Flagship products and therapeutic coverage:
- Hypertensive No.0 - hypertension management
- GuanShuang - cardiovascular/antianginal therapy
- Tangshiping - metabolic/endocrine support
- Erxiekang - gastrointestinal/peptic care
- Kelisu - analgesic/anti-inflammatory
- Yashida - respiratory and symptomatic relief
Sales and distribution network:
- Hospitals (tertiary and secondary)
- County hospitals and community health service stations
- Retail pharmacies and chain drugstores
- Institutional procurement and hospital group tenders
Market positioning and growth focus:
- Broad product mix spanning chronic disease management and symptomatic care
- Distribution breadth designed to ensure accessibility across urban and rural healthcare tiers
- Strategic emphasis on scaling to a 10 billion RMB industry footprint via product portfolio expansion and channel penetration
Additional company background and context: China Resources Double-Crane Pharmaceutical Co.,Ltd.: History, Ownership, Mission, How It Works & Makes Money
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) - Mission Statement
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) positions its mission around delivering high-quality pharmaceutical products through innovation, integrity, and broad accessibility while pursuing a strategic scale of operations. The company's mission and values guide R&D prioritization, commercial strategy and community engagement as it advances toward a 10 billion-industry strategic objective.- Vision: Become an industry leader in pharmaceuticals founded on innovation, quality and reproducible clinical value.
- Strategic objective: Achieve a "10 billion" industry-scale target (RMB revenue/market footprint objective), pursued through product portfolio expansion, channel penetration and targeted M&A.
- Core values: Integrity; Pursuing Excellence; Customer Comes First; Return to Community - principles that steer governance, compliance and social responsibility programs.
- Flagship and well-known products: Hypertensive No.0, GuanShuang, Tangshiping, Erxiekang, Kelisu and Yashida - covering cardiovascular, metabolic and common chronic-disease therapy segments.
- Distribution framework: Sales network covers tertiary and secondary hospitals, community health service stations, county hospitals and retail pharmacies to ensure wide accessibility across urban and rural markets.
- Commercial focus: Balance between hospital-channel tender business and retail/pharmacy OTC presence to diversify revenue streams and strengthen brand reach.
| Metric | Figure (latest reported) |
|---|---|
| Annual revenue (most recent fiscal year) | RMB 5.8 billion |
| Net profit (most recent fiscal year) | RMB 620 million |
| R&D investment (most recent fiscal year) | RMB 280 million (approx. 4.8% of revenue) |
| Employees | ≈4,200 |
| Sales outlets reached | Distribution into >200,000 medical and retail endpoints (hospitals, clinics, pharmacies) |
| Target strategic scale | 10 billion (RMB) industry objective |
- R&D pipeline prioritization: Increased allocation of R&D budget toward cardiovascular and metabolic therapies aligned with flagship brands to drive incremental sales and clinical differentiation.
- Channel expansion: Strengthening county and community-level penetration to convert public health demand into stable off-tender and retail revenues.
- Quality & compliance: Investment in GMP upgrades and pharmacovigilance to protect product integrity and satisfy hospital procurement standards.
- Social responsibility: Community return programs and patient affordability initiatives consistent with the company's stated value of "Return to Community."
| Lever | Expected impact |
|---|---|
| New product launches & lifecycle management | Expand addressable markets; lift mid-term revenue growth by adding differentiated protected SKUs |
| Deeper county/community channel penetration | Increase stable low-cost sales volumes; reduce seasonality of hospital tender cycles |
| M&A and partnerships | Accelerate capability gaps (e.g., biologics, II/III class specialty drugs) and expand scale |
| R&D efficiency & hospital evidence generation | Increase hospital formulary adoption and justify premium pricing through real-world data |
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) - Vision Statement
China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) positions itself as a leading integrated healthcare enterprise with a vision to be a trusted partner in public health, delivering high-quality pharmaceuticals, vaccines, and health products through innovation, sustainability, and social commitment. The company's strategic direction translates its mission into measurable targets across financial performance, R&D intensity, market expansion, and community impact.| Indicator | Latest Reported Value | Notes / Strategic Implication |
|---|---|---|
| Revenue (annual) | RMB 4.2 billion | Core revenue from pharmaceuticals, injections, OTC and institutional sales |
| Net Profit (annual) | RMB 480 million | Reflects margins after increased investment in R&D and supply chain upgrades |
| R&D Expenditure | RMB 220 million (≈5.2% of revenue) | Focus on biologics, sterile preparations, and formulation improvements |
| Market Capitalization | RMB 18.5 billion | Public investor valuation supporting long-term growth plans |
| Export / International Sales | 12% of total revenue | Growing presence in APAC and selected emerging markets |
| Community & CSR Contributions (annual) | RMB 15 million | Donations, public health campaigns, and emergency medical support |
| Carbon Emissions Reduction Target | 30% reduction by 2030 (baseline 2022) | Energy efficiency upgrades and greener manufacturing |
- Integrity: China Resources Double-Crane maintains compliance with national regulatory standards, transparent corporate governance, and ethical supply-chain practices. Internal audit and compliance teams monitor GMP, pharmacovigilance, and anti-corruption controls to protect patient safety and investor trust.
- Pursuing Excellence: Quality metrics target >99% batch release success rates, reductions in product recalls, and continuous process improvements. Performance KPIs tie operational excellence to manufacturing yield, on-time delivery, and product stability improvements.
- Customer Comes First: The company measures customer satisfaction across hospitals, distributors, and retail channels, aiming for service-level targets (order fill rate >95%) and faster response times for product complaints and clinical inquiries.
- Return to Community: Through public-health initiatives, targeted donations, and partnerships with local health bureaus, the company directs a portion of profits to community health programs and pandemic preparedness funds.
- Innovation: Annual R&D investment (~5% of revenue) funds new molecular entities, biosimilars, and formulation optimization. The innovation pipeline emphasizes sterile injectables and high-value generics with clinical and regulatory pathways.
- Sustainability: Environmental initiatives include energy-efficiency retrofits, waste minimization, and a carbon-reduction target (30% by 2030 from 2022 baseline). The company reports on water usage, hazardous waste, and emissions as part of ESG disclosure improvement.
- Capital expenditure allocation: 60% to manufacturing modernization, 25% to R&D facilities, 15% to digital systems and logistics.
- R&D pipeline focus: sterile injectables, enhanced-release oral products, and biosimilar formulations prioritized for regulatory filings over the next 3-5 years.
- Market expansion targets: increase international revenue share from 12% to 20% within 5 years through selective partnerships and registration efforts.
| Dimension | Goal (3-year) | Current Baseline | Metric |
|---|---|---|---|
| Quality | Maintain <99% batch release | 98.7% | Batch release success rate |
| Innovation | File 5 new regulatory dossiers | 1 filed (YTD) | Number of regulatory submissions |
| Customer Service | Order fill rate ≥95% | 93.5% | Order fill rate |
| Sustainability | 30% carbon reduction by 2030 | Baseline (2022) | CO2e tons/year |
| Community Impact | Annual CSR spend ≥RMB 15 million | RMB 15 million | RMB donated / programs sponsored |

China Resources Double-Crane Pharmaceutical Co.,Ltd. (600062.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.