Renhe is an OEM product.
Renhe Pharmaceutical is also an OEM trademark, which may surprise many consumers. In everyone's mind, Renhe Pharmaceutical is a well-known old brand. It was a listed company as early as 1996, and its products such as Fuyanjie and Eucatan are all well-known domestic products. But since 2012, Renhe Pharmaceutical has been testing the waters of "OEM".
We can see from the annual report disclosed by Renhe Pharmaceutical that its investment in R&D has been declining every year, while sales have been rising. A pharmaceutical product has even started to be OEM, which has to make many consumers deeply worried. In the pharmaceutical industry, in addition to modification, another company that also likes to engage in OEM is Renhe.
Consumers still trust the Renhe brand because it is an old brand with a good reputation. However, if you search on the Internet, you will see that Renhe produces a wide variety of products, such as Talk about health tea, facial cleanser, facial mask, etc.
Don’t doubt that these are generally not produced by Renhe itself, because Renhe is also doing brand licensing. The medicines we see are Renhe, Renhe Craftsmanship, Anqinbaby, Yijian Qingxin, etc. Brands are all authorized by Renhe to others for OEM production.
What does it mean for Renhe Pharmaceutical to acquire the big health sector?
For this acquisition, Renhe Pharmaceutical said that it will speed up the development of big health-related industries and ultimately realize the integration of traditional OTC sectors with The two-wheel drive of innovative health sector is the company's clear development strategy. This acquisition will help enrich the company's product resources, expand the company's product categories and specifications, create new economic growth points, and continuously improve the company's core competitiveness.