Renhe Pharmaceutical is also an OEM trademark, which may surprise many consumers. In everyone's impression, Renhe Pharmaceutical is a well-known time-honored brand. As early as 1996, its Fuyanjie and Youkadan are well-known products in China. However, since 20 12, Renhe Pharmaceutical has been testing the water "branding".
As can be seen from the annual report disclosed by Renhe Pharmaceutical, its R&D investment is declining every year, in contrast, its sales are rising all the way. A pharmaceutical product even started to be branded, which made many consumers deeply worried. In the pharmaceutical industry, in addition to revision, there is another company that also likes to engage in OEM, Renhe.
For Renhe brand, consumers still trust it very much, because it is also an old brand with a good reputation, but you will see it when you search online. It seems that Renhe produces many things, such as health tea, facial cleanser, facial mask and so on.
Needless to say, these are generally not produced by Renhe itself, because Renhe is also authorized by brands. The brands we see, such as Renhe, Renhe Ingenuity, Anqin Baby, Yijianxingxin, etc., are all manufactured by Renhe on behalf of others.
What does it mean for Renhe Pharmaceutical to acquire the big health sector?
For this acquisition, Renhe Pharmaceutical said that it is the company's clear development strategy to accelerate the development of big health-related industries and finally realize the two-wheel drive of the traditional OTC plate and the innovative big health plate. This acquisition is conducive to enriching the company's product resources, expanding product categories and specifications, creating new economic growth points and continuously improving the company's core competitiveness.