By-health Co., Ltd.

By-health Co., Ltd. is one of China's leading domestic dietary supplement and functional nutrition enterprises, best known for its innovative Transparent Factory 3.0 concept in Zhuhai that combines pharmaceutical-grade manufacturing with consumer visitor experience to build radical trust in product quality. The company achieved revenue of approximately RMB 6.27 billion in 2025, with its flagship manufacturing facility spanning 40,000 square meters and representing a cumulative investment of RMB 4.2 billion incorporating over 200 sets of globally sourced automated equipment. The facility boasts an annual production capacity of 5 billion tablets, 3 billion soft capsules, and 500 million hard capsules, making it one of Asia's largest and most advanced dietary supplement manufacturing operations. By-health employs approximately 2,867 personnel and has received nearly 2 million visitors to its transparent manufacturing facility. The company's product portfolio spans foundational vitamins, protein powders, probiotics, TCM-based supplements, and specialized nutrition products for children, pregnant women, and the elderly.

Core Business

By-health Co., Ltd. has established itself as one of China's leading domestic dietary supplement and functional nutrition enterprises, operating a distinctive business model centered on a world-class manufacturing facility that doubles as a consumer transparency showcase, designed to build consumer trust through radical manufacturing openness in an industry segment where product quality concerns and counterfeit risks have historically constrained consumer confidence. In fiscal year 2025, the company achieved consolidated revenue of approximately RMB 6.27 billion, representing a year-on-year decline of 8.4 percent that was primarily attributable to the broader consumer spending slowdown and downgrading trends affecting China's discretionary consumer goods sectors, particularly impacting premium-priced dietary supplement products that face competition from lower-cost alternatives during periods of economic uncertainty. By-health's manufacturing operations are anchored by its flagship Transparent Factory 3.0 facility located in Zhuhai, Guangdong province, an architectural and operational landmark spanning 40,000 square meters of advanced pharmaceutical-grade manufacturing and visitor experience space, representing a total cumulative capital investment of RMB 4.2 billion and incorporating more than 200 sets of globally sourced automated production, packaging, and quality control equipment from leading pharmaceutical equipment manufacturers in Germany, Italy, Switzerland, Japan, and other advanced manufacturing economies. This extraordinary manufacturing facility has achieved an annual production capacity of five billion tablets, three billion soft gelatin capsules, and five hundred million hard gelatin capsules, representing one of the largest and most technologically advanced dietary supplement manufacturing operations in Asia. A unique and strategically significant feature of the Transparent Factory concept is its integration of consumer visitor experience facilities within the manufacturing complex, with the facility having received nearly two million visitors since its opening, providing consumers with direct visual observation of the manufacturing processes used to produce the By-health products they purchase and consume. The company employs approximately 2,867 personnel, reflecting a relatively lean organizational structure optimized for high-automation manufacturing operations and brand-focused marketing rather than labor-intensive distribution or retail operations. By-health's product portfolio spans multiple functional nutrition categories including foundational vitamin and mineral supplements, protein powders and sports nutrition products, probiotic formulations, traditional Chinese herb-based supplements, and specialized nutrition products for children, pregnant women, and elderly consumers.

Global Presence

By-health's international business operations remain relatively modest in scale compared with the company's dominant domestic Chinese market presence, reflecting a strategic prioritization of capturing the vast growth opportunity within China's domestic dietary supplement market, which remains significantly underpenetrated relative to developed-country per capita supplement consumption levels and which the company believes offers superior returns on investment compared with international market expansion at the current stage of its corporate development. The company has, however, systematically built international supply chain relationships and scientific collaboration networks that provide access to global ingredients, technologies, and expertise that are essential inputs to its domestic market competitive strategy. By-health sources premium raw material ingredients from a carefully curated network of international suppliers, including pharmaceutical-grade fish oil from Norwegian and Peruvian fisheries, probiotics strains from European and American microbial culture collections, botanical extracts from standardized producers in Europe and North America, and specialized nutritional compounds from Japanese, Swiss, and German fine chemical manufacturers. The company's manufacturing equipment procurement strategy has built relationships with the world's leading pharmaceutical and dietary supplement production equipment manufacturers, providing By-health with ongoing access to the most advanced globally available production technologies and ensuring that its Zhuhai Transparent Factory maintains state-of-the-art manufacturing capabilities comparable to the best international facilities. By-health has established scientific research collaboration relationships with international nutrition research institutions, academic food science departments, and clinical research organizations in Australia, New Zealand, the United States, and Europe, supporting product formulation innovation, clinical efficacy documentation, and scientific publication activities that enhance the credibility of the company's product claims. The company has also made selective inroads into overseas consumer markets through cross-border e-commerce platforms and targeted distribution partnerships in Southeast Asian markets including Vietnam, Thailand, and the Philippines, where Chinese dietary supplement brands are beginning to gain consumer acceptance. The company's Transparent Factory concept, with its radical manufacturing openness and consumer education approach, has attracted international attention from food and dietary supplement industry professionals and regulators as a potential model for building consumer trust in the global dietary supplement industry.

Key Strengths

By-health's most distinctive and competitively powerful advantage is its Transparent Factory concept, a genuinely innovative approach to building consumer trust in an industry segment characterized by persistent consumer skepticism about product quality, ingredient authenticity, and manufacturing integrity. The facility's integration of consumer visitor experience infrastructure within an operational pharmaceutical-grade manufacturing plant represents a radical transparency commitment that no significant domestic or international competitor has matched, creating a powerful differentiating consumer brand perception that directly addresses the trust deficit that has historically constrained growth in China's dietary supplement market. The Transparent Factory's received visitation of nearly two million consumers provides an extraordinary scale of experiential brand marketing that generates powerful word-of-mouth recommendation effects, deepens consumer brand loyalty, and creates switching costs based on trust and familiarity that are difficult for competitors to overcome through conventional advertising or price competition. The company's enormous manufacturing scale, with annual capacity of five billion tablets, three billion soft capsules, and five hundred million hard capsules, generates significant procurement scale economies, production efficiency advantages, and fixed cost absorption benefits that translate into unit cost leadership and gross margin advantages relative to smaller-scale dietary supplement manufacturers. By-health's investment of RMB 4.2 billion in manufacturing infrastructure, incorporating over 200 sets of globally sourced advanced automation equipment, has created a production quality and efficiency asset base that would require prohibitive capital investment and years of construction and qualification time for competitors to replicate. The company's strategic focus on the Chinese domestic dietary supplement market, which remains at per capita consumption levels far below those in developed Asian markets such as Japan and South Korea, positions the company to benefit from powerful secular growth tailwinds as Chinese consumers' health awareness, disposable income, and willingness to spend on preventive health products continue to increase over the coming decades. By-health's relatively lean organizational structure of approximately 2,867 employees for a company with multi-billion RMB revenue reflects the productivity benefits of the company's high-automation manufacturing strategy and asset-light distribution model, contributing to operating margin efficiency. The company's diversified product portfolio spanning multiple functional nutrition categories provides resilience against demand fluctuations in any single product category and creates cross-selling opportunities that enhance customer lifetime value and distribution channel efficiency. VerityRank Score of 85/100