Gate News message, April 21 — Wantai Biotech (603392) reported its first annual loss since listing in 2020, with 2025 net loss attributable to parent company reaching 398 million yuan (approximately $55 million), while revenue declined 18.99% year-over-year to 1.819 billion yuan. The company attributed the decline to domestic vaccine procurement policies, intensified industry competition, and consumer vaccine hesitancy.
The nine-valent HPV vaccine, which launched in 2025 as China’s first domestically developed nine-valent HPV vaccine and the world’s second, completed its first inoculation on September 9, 2025. However, the company stated in its financial report that the vaccine “remains in the market entry phase and has not yet generated scaled profit contributions,” failing to offset losses from inventory disposal of bivalent HPV vaccine and government procurement price reductions. The vaccine segment revenue fell 24.63% year-over-year to 457 million yuan, with gross margin declining 43.18 percentage points.
The diagnostic segment generated 1.309 billion yuan in revenue, down 18.65% year-over-year, impacted by procurement price cuts and medical insurance policy adjustments. International revenue, however, surged 90.85% to 412 million yuan, driven by substantial growth in bivalent HPV vaccine exports. Wantai Biotech is advancing nine-valent HPV vaccine WHO prequalification preparations and has initiated Phase 3 clinical trials for male populations, with the first participant enrolled.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
VanEck: Bitcoin Bullish Signals Emerge Amid Funding Rate Dip
Fund management firm VanEck identified two strong bullish indicators for Bitcoin on April 24, according to analysis from the firm's digital assets analysts Patrick Bush and Matthew Sigel. The analysts highlighted Bitcoin's funding rate and declining hash rate as historically reliable signals
CryptoFrontier15m ago
Samsung Electro-Mechanics Stock Surges 93% on Strong AI Server Demand
Gate News message, April 27 — Samsung Electro-Mechanics shares jumped 93.37%, significantly outpacing South Korea's Kospi benchmark index (up 28.17%) and the electronics sub-index (up 31.42%), as investors bet on AI infrastructure demand for its FC-BGA substrates and multilayer ceramic capacitors (M
GateNews16m ago
Hyundai US EV Sales Surge 40% in March as Gasoline Prices Rise
Gate News message, April 27 — Hyundai Motor's US electric vehicle sales jumped approximately 40% in March compared to February, driven by rising gasoline prices despite the company's ineligibility for federal EV tax credits.
The Ioniq 5 led the surge with 4,425 units sold in March, up from 3,234 in
GateNews26m ago
TSMC 2-nanometer “inside man” sentencing upheld: Former engineer gets 10 years, Tokyo Electron fined 150 million New Taiwan dollars
Taipei District Court of first instance ruled that TSMC’s 2-nanometer “inside man” case resulted in guilty verdicts for four former employees of TSMC. The main defendant, Chen Liming, was sentenced to 10 years; the others received 6, 3, and 2 years, respectively. The court found that they stole and leaked core technologies below the 14-nanometer range, and assisted Tokyo Electron in entering TSMC’s advanced manufacturing process. TEL Taiwan was fined 150 million yuan (NTD 150 million), including 100 million yuan (NTD 100 million) to TSMC and 50 million yuan (NTD 50 million) to the government. This is the first case in Taiwan under the “National Security Law” where a corporate entity was prosecuted to a final verdict, and it is also a related case involving a foreign technology company.
ChainNewsAbmedia31m ago
Bitcoin spot ETF weekly net inflow of $824 million, with IBIT pulling in $733 million
According to data released by SoSoValue on April 27, during the week from April 20 to April 24 (U.S. Eastern Time), the weekly total net inflow into U.S.-listed spot Bitcoin ETFs reached $824 million, marking the fourth consecutive week of positive inflows. During the same period, the weekly total net inflow into spot Ethereum ETFs reached $155 million.
MarketWhisper1h ago
French Listed Company Capital B Increases Bitcoin Holdings by 6 BTC to 2,943 Total
Gate News message, April 27 — French listed company Capital B (ALCPB) announced it purchased 6 additional bitcoins for 400,000 euros, bringing its total Bitcoin holdings to 2,943 BTC.
The company's Bitcoin holdings have generated a year-to-date return
GateNews1h ago
