The Original Equipment Manufacturer (OEM) Economy of Nutrition Products

As one of the large contract manufacturers of nutritional and health food in China, targeting the production gap between the huge consumer market and professional productivity, Sirio Pharma Co. provides OEM services for customers through the contract research and development production model (CDMO). Sirio’s consumers include well-known brands of GSK, Bayer, Mars, YangSheng Tang, Infinitus, Melaleuca, and Angel Yeast. Financial data shows that in 2020, Sirio Pharma Co. achieved total revenue of RMB 2.067 billion yuan (USD $320 million), with a year-on-year increase of 30.85%, and net profit attributable to shareholders of the listed company reached RMB 257 million yuan (USD $40 million), with a year-on-year increase of 80.58%. (Source: shuzhengkangxun)