NHU Holding Group Co., Ltd
NHU Holding Group Co., Ltd. was founded in 1988 and is headquartered in Xinchang, Zhejiang Province, China. Since its inception, the Group has remained committed to its corporate purpose: "creating wealth, fulfilling employees, and benefiting society." and underscored by its core values of "new, harmony, union".The Group operates across various industries, including fine chemicals, medical and health products, industrial equipment, educational investments. Its diverse portfolio includes nutritional supplements, fragrances and flavors, new materials, chemical engineering equipmen etc.. The Group owns two listed companies and a full-time undergraduate college. As of 2023, the Group's total assets exceeded 50 billion yuan, with a workforce of 17,000 employees. This achievement is a testament to the Group's success in its various endeavors. It has consistently been ranked among China's top 500 private enterprises and top 100 pharmaceutical industrial enterprises. The Group adheres to a development principle of "moderate diversification of the Group and high specialization of its subsidiaries," driven by innovation and customer-centricity. It collaborates with academic and industrial partners to explore the cutting-edge science and technology, providing comprehensive solutions for customers in more than 100 countries and regions acorss industries such as nutritional health, transportation, energy, smart living, engineering manufacturing, and environmental protection, creating value for sustainable development for humanity and the whole society.
Structure
History
  • 2025
    • Beijing Foyou Pharma Co.,Ltd. Huoxian Branch commences production.
  • 2024
    • The Liquid Methionine Project by Ningbo Zhenhai Refining and Chemical &NHU Biotechnology Co., Ltd was fully operational. Zhejiang NHU Nylon Materials Co., Ltd was established Zhejiang Yuexiu University was approved as a Prioritized Institution for Strengthening Master's Degree Conferral Capacity by the Academic Degrees Committee of the State Council.
  • 2023
    • The Liquid Methionine Project by Ningbo Zhenhai Refining and Chemical &NHU Biotechnology Co., Ltd was fully operational. Zhejiang NHU Nylon Materials Co., Ltd was established Zhejiang Yuexiu University was approved as a Prioritized Institution for Strengthening Master's Degree Conferral Capacity by the Academic Degrees Committee of the State Council.
  • 2022
    • Beijing Foyou Pharma CO., Ltd. Was listed on the Shanghai Stock Exchange（Stock code 601089）.
  • 2021
    • Zhejiang NHU Nylon Materials Co., Ltd was established. NHU Singapore Limited was established.
  • 2020
    • The construction of Xinchang Life and Health Industry Park was fully initiated. NHU Heilongjiang's Phase I bio-fermentation project has officially commenced operation. The 100,000-ton unit of NHU Shandong's Phase II 250,000-ton/year methionine project has been commissioned on schedule.
  • 2019
    • The first "IUPAC-Zhejiang NHU International Green Chemistry Advancement Award" was presented. Digital Transformation Action Plan Project Launch. Signed a project cooperation agreement with Jiangnan University. The pharmaceutical subsidiaries of the group, Beijing Winsunny Pharmaceutical Co., Ltd., Front Pharmaceutical Co., Ltd. and Zhejiang Asen-pharm Co., Ltd., have been successfully integrated to establish Beijing Foyou Pharma Co.,Ltd..
  • 2018
    • The construction of Heilongjiang base of Zhejiang NHU Co., Ltd.has been launched, laying the foundation for the development of bio-fermentation. The construction of the nutritional product project at Shandong base of Zhejiang NHU Co., Ltd. has been launched.
  • 2017
    • Shaoxing Yuchen New Material Co., Ltd., established by Zhejiang NHU Co., Ltd. , has started construction after moving into the new material industrial park. Zhejiang NHU Co., Ltd. successfully raised 4.9 billion yuan through a private placement of shares for the methionine project.
  • 2016
    • In real estate, in collaboration with the Marriot Hotel system, the first Marriot in Xinchang was open to business.
    • In medicine and health, there was a structural reform of Anhui New Harmony Union Chengwannan Pharmaceutical Co., Ltd, and the name was changed into Front Pharmaceutical PLC, which started public stock offering in the National Small-and-Medium-Sized Business Stock Market (Stock No. 838554).
    • “The Liposoluble Nutrient Micro-Production Key Technology Innovation and Commercialization” won the second prize of the State Technological Invention Award, the second time the Corporate won this honor.
  • 2015
    • Xinchang County Deli PetroChemical Equipment Co. Ltd., was changed into Zhejiang Deli Equipment Co. Ltd..
    • In medicine, Cangzhou Branch, Bejing Wansheng Pharmaceutical Co. Ltd. started the high-end medicine intermediary project.
    • In education, Zhejiang Yuexiu University of Foreign Languages successfully passed the undergraduate education evaluation by the Ministry of Education. The capability of the University was ranked No.3 for the third consecutive year, and became a well-known private university in the national private college ranking.
  • 2014
    • Invested and started to construct Shangyu New Harmony Union New Materials Campus, with an area of over 1.2 million square meters, located in the Hangzhou Bay, Shangyu County, in order to support the New Materials Development.
    • Zhejiang New Harmony Union signed a collaborative agreement with China Science Research Institute, Shanghai Organic Chemistry Research Center, resulting in a strong partnership in a streamlined research to production platform, in order to take full advantage of personnel, technology, and finance through this collaboration.
    • Invested in and became a holding partner of Shanghai Nayan New Materials Technology Co., Ltd..
  • 2013
    • Invested ¥0.27 billion RMB and constructed the Headquarters and Research Center of Zhejiang New Harmony Union Holding Ltd., occupying an area of about 30,000 square meters, located in the Qixing District, Xinchang County.
  • 2012
    • A special Engineering Material, “Polyphenylene Sulfide” (PPS), was successfully synthesized into the product. Invested to establish Zhejiang New Harmony Union Special Materials Ltd., the Corporate officially entered the materials field.
    • Zhejiang New Harmony Union entered into collaborative relationship with Zhejiang University by becoming a stock holder in Zhejiang University New Technology Research LLC, and jointly developing new technology and technical personnel. On this basis, the Corporate created an innovative platform that streamlined and connected the processes of strategy, marketing, product development, and technology innovation.
  • 2011
    • The Corporate’s green synthesis process of the liposoluble carotene was awarded the Second Prize of the National Technological Innovation.
  • 2010
    • Invested in and established Beijing New Harmony Union Real Estate Group Holding Ltd., a subsidiary in the real estate business.
  • 2009
    • The Corporate’s name was changed from Xinchang NHU Holding Group Ltd to New Harmony Union Holding Group Ltd.
  • 2008
    • Name changed to Xinchang County NHU Holding Group, Ltd., starting to construct the corporate multi-leveled management and control structure.
    • Invested ¥ 1.8 billion RMB and started to build the 100,000 square meter campus in the Coastal Economic Development Zone, Weifang, Shandong Province.
    • Successfully acquired Beijing Wansheng Pharmaceutical, Ltd, becoming the third subsidiary pharmaceutical company of the Corporate.
    • Shaoxing Yuexiu Vocational College of Foreign Languages was granted a four-year undergraduate university by the Ministry of Education; Name was changed to Zhejiang Yuexiu University of Foreign Languages.
  • 2006
    • New product “Citral” came off the research and went into production, becoming the first in the nation and the third in the world which can manufacture this product in a large scale.
  • 2005
    • New Product “Astaxanthin” was successfully researched and produced, completing the whole assembly of making Astaxanthin from medicine intermediaries to its full product, becoming the first factory that could produce Astaxanthin in the nation.
  • 2004
    • The subsidiary company, Zhejiang NHU Holding Group Ltd successfully went public in Shengzhen Stock Exchange with the Stock No.002001.
    • New Harmony Union Research and Development Center became the first Nationally Designated Corporate Research and Development Center in the city of Shaoxing.
    • Invested ¥ 0.35 billion RMB in the Xinchang Meizhu Industrial Park, which became the 206,800 Square Meter Meizhu Park (now a part of the Xinchang Park)
  • 2003
    • Invested ¥1.8 billion RMB in the Hangzhou Bay Fine Chemicals Industrial Park in Shangyu. Construction started for the 80,000 square meter Shangyu Campus of Zhejiang NHU Holding Group Ltd.
  • 2002
    • Invested in and established the Xinchang Chuangye Real Estate Co., Ltd, formally entering the real estate market;
    • Another new product “Biotin” was in production, expanding the vitamin product line.
  • 2001
    • Invested in NHU South Anhui Pharmaceutial Limited, making it the second medical subsidiary in Medicine Industry of the Corporate;
    • Invested in and formed the Shaoxing Education Development Co., Ltd, as the parent company of Shaoxing Yuexiu Foreign Languages Vocational College.
  • 2000
    • Changed the name from Xinchang Deli PetroChemical Engineering Co. to Xinchang Deli Petro-Chemical Engineering Equipment Co., Ltd.
  • 1999
    • Established Zhejiang Xinchang Holding Group, Ltd, becoming a key player in fine Chemical Engineering area;
    • Started to invest in and plan Shaoxing Foreign Languages Vocational College, formally entering into the Education Field;
    • Invested ¥0.352 billion RMB and started to construct the 46,000 square-meter Taoshan Campus (now the Xinchang Industrial Park) for Zhejiang NH Holding Group, Ltd.
  • 1998
    • Xinchang PetroChemical Plant underwent stock structure reform, and established the Employee Stock Holdings;
    • Established the first Cultural Values of the Company.
  • 1997
    • “Vitamin A” was successfully researched and put into production, ending the long history of importing Vitamin A from abroad; Vitamin A exported to international markets;
    • Brought in, for the first time, a consulting firm to improve management structure, leading to better systemic regulations and management.
  • 1996
    • The new product “Isophytol” was successfully put into production, hence completing the whole assembly of producing Vitamin E from intermediaries;
    • The Company was designated as a National Torch Project Key High-Tech Company.
  • 1995
    • Invested in and established Zhejiang Asen Pharmaceutical Co. Ltd. in Xiasha Economic and Technological Development Zone, Hangzhou, marking the formal entry into the medicine and health industry.
  • 1994
    • The Xinchang PetroChemical Plant underwent structural reform and established the Board of Directors and Board of Supervisors;
    • The Company’s first Torch Plan Project, “600 ton/year Vitamin E Major Intermediary Production Line”, started.
  • 1993
    • New product “trimethylhydroquinone” was put into production, breaking the monopoly of major Vitamin E materials by companies abroad, resulting in the company output exceeding ¥1 billion RMB for the first time.
    • Investing in establishing the Xinchang PetroChemical Plant, officially entering the machinery industry.
  • 1992
    • The first requisition of a land of 21,865 square meters on which a new workshop was built (in the current location of Yulin Jiedao Factory in Xinchang), laying the foundation for further development;
    • First time cooperation with the Chemistry Department, Zhejiang University, initiating a collaborative relationship between university and factory.
  • 1991
    • Name was changed to Xinchang Synthetic Chemical Factory;
    • The first such product in the nation, Diethyl Ethoxymethylenemalonate, was successfully tested and put to production, filling the gap at home. Then it was marketed and exported internationally, reaping an annual gross profit of over ¥10 million RMB. This milestone sew the seed of creativity through scientific pursuit in the heart of the Corporate.
  • 1989
    • Xinchang Organic Chemical Factory was established with the first product, the Industrial Alcohol, in production
  • 1988
    • Using a ten thousand RMB loan, the founders started to plan to build the Xinchang Organic Chemical Factory
Awards
Visits by Officials