Since the listing, yongtai technology performance continued to grow. According to the companys 2018 earnings report, the net profit attributable to the owner of the parent company in 2018 was 462 million yuan, an increase of 153.54% over the same period last year. Revenue was 3.31 billion yuan, up 20.31% from the same period last year.
At present, yongtai technology has developed into the worlds leading manufacturer of fluorobenzene fine chemicals with complete product chain and production capacity. It is also one of the few a-share listed companies focusing on fluorobenzene fine chemicals.
Never too technology to produce a five series hundreds of fluorine benzene compounds, formed by three applications of fluorinated fine chemicals pharmaceutical chemicals, electronic liquid crystal chemicals and pesticides chemical structure as the main line of products, services in liquid crystal at home and abroad, medicine and pesticide, and other innovative chemical industry, more than 80% products are exported to Europe and the United States and Japan, products are mainly supply the world top 500 enterprises.
In the eyes of market investors, yongtai technology is currently one of the biggest investment highlights, is its pharmaceutical plate.
On the evening of February 12, yongtai technology announcement, wholly-owned subsidiary yongtai pharmaceutical through the FDA site inspection. FDA field inspection is the premise of ANDA approval. At present, yongtai pharmaceuticals first ANDA application has entered the final stage of review. If yongtai pharmaceutical is approved by ANDA successfully, it will further expand the international market and facilitate the promotion of the companys international preparation project.
It has always been the strategic goal of yongtai to sort out the development history of yongtai technology and build a vertically integrated industrial chain, and medicine is the first industrial sector to achieve a breakthrough.
Wang yingmei has explained publicly: "medicine is a permanent sunrise industry, with broad space for growth. The pharmaceutical intermediates of yongtai are all fluorine-containing products, and fluorine-containing in preparations has become a general trend at present, therefore, this is our opportunity. At the same time, the intermediate is the starting link of the whole pharmaceutical industry chain. Compared with the API, the profit margin is much lower and the market size is limited. This is a challenge for the development and expansion of yongtai. Therefore, in order to develop, yongtai must extend to the downstream, and after the opening of the industrial chain, we can make full use of our own intermediates, API advantages, quickly achieve breakthroughs in the pharmaceutical market.
Of course, this road is not easy to go, the quality of drugs is directly related to human safety and health, the production of raw materials and preparations must have a fairly standard production philosophy and production system, also must have a strong research and development as a backing, this is so many years yongtai technology has been quietly doing, in investment.
Data show that since 2005, yongtai science and technology annual research and development investment in science and technology has basically maintained at the annual output value of more than 5% level, the technology center was upgraded to "national recognized enterprise technology center".
On December 13, 2017, the invention patent "preparation method of 2,4, 5-trifluorophenylacetic acid" (its terminal product name is "citaletine") held by yongtai technology won the gold medal of Chinese patent in the 19th China patent award awarding conference. By the end of 2017, yongtai technology had applied for 101 national invention patents, authorized 70 invention patents, undertaken 7 national torch program projects and key new product projects, and 2 major projects in zhejiang province.
With the gradual enriching of products, yongtai technology has become famous in the industry and become an indispensable key link in the global medical innovation industry chain, which has been recognized by customers including international giants such as basf and Merck.
In addition to "citalide", it is the first blockbuster drug of hepatitis c in the history of human medicine, which has sales of more than 10 billion dollars in its first year on the market.
"It took gilead more than a decade to develop a new drug to cure hepatitis c. When they came to us, the product was not available yet, and they hoped that we could cooperate with them to develop and produce pentafluorophenol, a key raw material. I was very surprised, I said from the perspective of industry, you cured hepatitis c, isnt there no business in the future? They say we have to contribute to human life. Because of his words, I did it. I thought it was a great thing, even if the research and development failed. Then we succeeded. This is a major breakthrough in the history of medicine around the world." "One of the constants in this industry is constant innovation," she said. "one product can keep you innovating for a lifetime."