Haite Biology: The company's intermediates and active pharmaceutical ingredient business have faced insufficient orders over the past two years due to intensified market competition, and are currently the company's main source of losses.

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Meijing AI Express: An investor asked on the investor interaction platform: Are the intermediate and raw material drug businesses currently highly competitive? Is there a price war? Can they break even?

Haitai Biotech (300683.SZ) stated on March 13 on the investor interaction platform that in the past two years, due to increased market competition, orders for the intermediate and raw material drug businesses have been insufficient, and these are currently the company’s main sources of loss. The company is actively promoting the development of this business, has made some technological and product reserves, and is working to reduce losses and turn a profit.

(Reporter Wang Xiaobo)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Verify before use. Operate at your own risk.

Daily Economic News

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