On March 5, By-Health Co.Ltd(300146) released the annual performance report for 2021. In the annual report, Liang Yunchao, chairman of the board of directors, issued a letter to shareholders simultaneously, "build a strong science and technology enterprise in eight years".
The annual report shows that By-Health Co.Ltd(300146) achieved an operating revenue of 7.431 billion yuan in 2021, an increase of 21.93% over the same period of last year; The net profit attributable to shareholders of listed companies was 1.754 billion yuan, an increase of 15.07% over the same period last year; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 1.54 billion yuan, a year-on-year increase of 34.59%. Among them, the main brand " By-Health Co.Ltd(300146) " achieved a revenue of 4.445 billion yuan, a year-on-year increase of 24.36%; The revenue of "life space" Chinese products was 184 million yuan, a year-on-year increase of 36.33%.
Euromonitor data show that in 2021, the total retail scale of China's vitamin and dietary supplement (VDS) industry was 189.2 billion, with a growth rate of about 6.6% By-Health Co.Ltd(300146) has a market share of 10.3%, ranking first in terms of market share. The second and third market shares were 6.0% and 5.0% respectively.
By-Health Co.Ltd(300146) chairman Liang Yunchao proposed in a letter to shareholders that the following three points will be focused in the future to realize the transformation of strong science and technology enterprises.
First, implement the "scientific nutrition" strategy to enable the scientific and technological content of VDS industry and bring incremental value to VDS industry. Through the research and development of patented raw materials and formulas, we can form differentiated advantages in homogeneous competition; Carry out R & D and registration of new function and heavy function products, and implement the core technology into the product strength; Lay out forward-looking basic research and industrial transformation represented by anti-aging and precision nutrition, implement the output of scientific research achievements and promote industrial transformation.
Second, continuously strengthen and consolidate the product scientific and technological power of "high-precision and top-notch" functional health food with prominent competitive advantages of By-Health Co.Ltd(300146) to enlarge the unique advantages of By-Health Co.Ltd(300146) industry.
Third, Shanghai Research Center and AI research center of By-Health Co.Ltd(300146) nutrition and Health Research Institute were established.
