Winner Medical Co., Ltd.

Winner Medical Co., Ltd. is a vertically integrated Chinese manufacturer headquartered in Shenzhen, Guangdong, established in 1991 and listed on the Shenzhen Stock Exchange (SZSE: 300888). The company operates under a unique dual-brand strategy, with Winner Medical focusing on medical supplies and Purcotton () serving the consumer goods market. With approximately 15,642 employees and eight major production bases strategically located across Shenzhen and Hubei Province, Winner Medical has established strong vertical integration from cotton procurement to finished product manufacturing. The company is recognized for its proprietary cotton spunlace non-woven fabric technology and serves both domestic and international markets with its comprehensive product portfolio.

Core Business

Winner Medical operates two distinct business segments delivering strong market performance. The Medical Supplies segment under Winner Medical brand represents the core business, featuring comprehensive Protective Function Products including medical isolation gowns, surgical gowns (available in both disposable and reusable options), biological hazard suits, and cleanroom garments. The company excels in Respiratory Protection with flagship products including KN95/N95 respirators, medical surgical masks, PM2.5 protective masks, and flat masks, alongside advanced wound dressings for medical applications. The Consumer Goods segment under Purcotton brand covers baby apparel, women's fashion, underwear, and sustainable cotton-based products, while the PurH2B () brand provides additional lifestyle offerings. The company maintains its vertically integrated model covering R&D, production, and sales while providing OEM/ODM contract manufacturing services for international brands.

Global Presence

Winner Medical operates eight major production bases across Shenzhen and Hubei Province, providing substantial manufacturing capacity for both medical and consumer product lines. The company's vertically integrated supply chain extends from cotton procurement through to finished product manufacturing, with proprietary cotton spunlace non-woven fabric production capabilities. Winner Medical serves international markets through its OEM/ODM services for global brands while maintaining strong domestic market presence through its retail networks and e-commerce platforms.

Key Strengths

Winner Medical's competitive advantages stem from its unique combination of medical-grade manufacturing expertise and consumer brand equity. The company's proprietary cotton spunlace non-woven fabric technology provides a sustainable and high-quality raw material foundation for both medical and consumer products. With 15,642 employees and eight production bases, the company maintains substantial operational scale while preserving supply chain control. The dual-brand strategy successfully bridges medical professionalism with consumer accessibility, with Purcotton becoming a recognized leader in China's sustainable cotton products market. The company's listing on SZSE provides capital market access for continued expansion and technological development.