Corporate News – Shandong Buchang Pharmaceuticals
Market Performance
- Share price: As of 09:39 AM Central Europe on Wednesday 21 October, the stock of Shandong Buchang Pharmaceuticals (603858.SS) closed unchanged, trading at CNY 14.82.
- Market capitalization: The company’s market value is CNY 15.1 bn.
- Shares outstanding: Approximately 1 bn shares are currently available in the market.
- Volume: In the preceding 24 hours, the stock was traded for a total of CNY 62.9 mn.
- Recent trend: Since the end of the previous month, the share price has decreased by 0.07 %.
- Moving average: The simple moving average over the last 200 days is CNY 15.21.
- 52‑week range: The highest price in the last 52 weeks was CNY 18.47 (recorded 14 November 2025). The lowest price was CNY 14.01 (recorded 29 June 2026).
Recent Corporate Development
Shandong Buchang Pharmaceuticals announced that a subsidiary’s generic formulation has obtained approval from the Indonesian regulatory authority. This approval allows the subsidiary to market the product in Indonesia, potentially expanding the company’s overseas presence and supporting its growth strategy. No additional operational or financial details were disclosed at this time.
Context: Peer Activity
The following companies listed on Chinese exchanges reported flat performance in the last 24 hours:
| Symbol | Current Price (CNY) | Market Capitalization (CNY bn) | Notes |
|---|---|---|---|
| 600435.SS (North Navigation Control T) | 12.66 | 18 | |
| 002044.SZ (Meinian Onehealth Healthca) | 4.92 | 18.1 | P/E 59.13; announced improved profitability outlook for Q1–Q3 2026. |
| 600518.SS (Kangmei Pharmaceutical) | 1.30 | 18 | P/E 541.67 |
| 002773.SZ (Chengdu Kanghong Pharmaceu) | 19.91 | 17.9 | P/E 18.17 |
| 603658.SS (Autobio Diagnostics) | 34.18 | 18 | P/E 18.72 |
Company Profile
Shandong Buchang Pharmaceuticals Co., Ltd. is a China‑based healthcare company listed on the Shanghai Stock Exchange. The firm specializes in the production of herbal medicines, biopharmaceuticals, pharmaceutical preparations, and health‑related drugs. Operations span the country, and the company’s official website is www.buchang.com .