CF PharmTech Releases 2025 ESG Report: Revenue at RMB 432.52 Million, Net Profit Turns Positive, R&D Spend Hits RMB 124.55 Million

Bulletin Express
Apr 30

CF PharmTech published its first standalone Environmental, Social and Governance (ESG) report, covering the financial year ended 31 December 2025. The document combines operating data with detailed sustainability metrics.

Financial highlights • 2025 revenue reached RMB 432.52 million, compared with RMB 607.75 million a year earlier. • Net profit attributable to shareholders turned positive at RMB 2.49 million versus a RMB 21.09 million loss in 2024. • Total assets increased to RMB 1.78 billion, up 40.97 % year-on-year. • R&D expenditure amounted to RMB 124.55 million, representing 28.80 % of core business revenue; R&D personnel accounted for 30.85 % of total headcount.

Operational and product milestones • Six products are now commercialised, including Chang Qi® Budesonide Suspension and Shu Fei Min® Azelastine / Fluticasone Nasal Spray. • Arformoterol Tartrate Solution gained US FDA approval in May 2024 and completed its first overseas shipment in 2025. • The pipeline exceeds 20 candidates; two innovative inhaled therapies (IC004 for idiopathic pulmonary fibrosis and IC001 for pulmonary arterial hypertension) submitted IND applications during the year.

ESG governance • A three-tier structure—Board of Directors, ESG Working Group and functional departments—oversees sustainability strategy. • Independent directors hold one-third of board seats; all directors and 100 % of employees completed annual anti-corruption training, with no corruption cases reported.

Environment • Total greenhouse-gas emissions were 12,936.82 tCO₂e (Scope 1: 81.08 tCO₂e; Scope 2: 12,855.74 tCO₂e), equal to 0.30 tCO₂e per RMB 10,000 revenue. • Energy consumption totalled 3,256.97 tce, or 7.53 tce per million RMB revenue; an ISO 50001-certified management system is in place. • The company achieved zero discharge of production wastewater through on-site recycling. • Hazardous and non-hazardous waste compliant-disposal rates stood at 100 %.

Social • Total workforce was 610, with female employees representing 55 %. • Labour-contract coverage, social-insurance coverage and wage-payment coverage all reached 100 %. • No work-related fatalities occurred; the lost-time injury rate was 0.07. • Average training hours per employee rose to 61.38 and training coverage reached 100 %.

Supply chain • 87 qualified suppliers were engaged, 18 of which were overseas. • All new suppliers underwent ESG screening; no significant environmental or social violations were identified.

Community investment • Philanthropic donations totalled RMB 4.73 million, directed mainly toward education, poverty relief and medical assistance.

Outlook Management plans to maintain a dual-drive strategy of high-end complex formulations and innovative drugs while deepening carbon-reduction, water-saving and waste-minimisation targets in line with forthcoming science-based objectives.

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