What are the chemical supply?

The chemical supply industry chain mainly includes the following links:
Upstream link:
Raw material supply: The raw materials for chemical drugs mainly include various inorganic chemical materials such as hydrochloric acid, sulfuric acid, nitric acid, as well as organic chemical materials such as polymers, plastics, rubber, etc.
R&D and production: This process involves new drug development, production of chemical raw materials, etc. For example, Shengyuan Environmental Protection is building a 40000 ton annual production project for taurine, a chemical (food) raw material. The project is expected to be put into operation in the second half of this year, using high standard and high starting point production processes and equipment.
Midstream segment:
Formulation production: Processing chemical raw materials into various dosage forms of drugs, such as tablets, capsules, injections, etc.
Quality control and testing: Ensure that the quality of drugs meets standards and regulations.
Downstream links:
Market sales and distribution: Sell drugs to end-users through channels such as hospitals, pharmacies, and online platforms.
After sales service: providing medication guidance, patient service, etc.
Key enterprises and technological innovation points in the industrial chain:
Technological innovation point: In the production process of chemical drugs, high standard and high starting point production processes and equipment are adopted, and registration and certification are strictly carried out in accordance with Chinese GMP (Good Manufacturing Practice) and American cGMP (Current Good Manufacturing Practice) requirements.
Key enterprises: Shengyuan Environmental Protection and other companies play an important role in the chemical supply industry chain. By investing in the construction of large-scale chemical drug raw material production lines, developing various specialty foods, health products, and derivative foods, they are expected to become new profit growth points.