China Pharma Holdings CPHI Stock News

China Pharma Holdings, Inc. (NYSEAMERICAN: CPHI) is making a run for the top in the market this morning, trading on early gains of well over 80%. The gains come after the company said that it has launched mask production lines. Here’s what’s happening:

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CPHI Stock Soars On Mask Production News

In the press release, China Pharmaceutical Holdings said that its subsidiary, Hainan Helpson Pharmaceutical & Biotechnology Co. has launched mask production lines.

CPHI said that the masks are being produced in a class 100,000 clean room. The air cleanliness class refers to the certification classification by maximum concentration limits of particles. Importantly, Helpson is a cGMP certified pharmaceutical manufacterer. This helps to ensure health and safety.

In a statement, Ms. Li Zhilin, President and CEO at CPHI, had the following to offer:

On the one hand, although the COVID-19 outbreak has been controlled to a certain extent in China currently; the government and the public’s awareness of epidemic prevention is still strong. And activities such as work resumption and schools re-open create a high demand for protective masks. On the other hand, the global outbreak of COVID-19 has led to a surge in demand for protective equipment such as masks. In this circumstance, we take the time to launch mask production lines, adhering to our corporate mission of providing basic medical protection measures to the general public, and fulfilling our social responsibility with practical actions.

This Is Huge News!

Let’s face it, we’ve never seen anything like COVID-19. Sure, we’ve seen the SARS outbreak and the MERS outbreak, both of which were caused by coronavirus infections, but we haven’t seen anything quite as serious as this.

China Pharmaceutical Holdings is jumping into a space that is in very high demand. As schools stay closed, consumers stay out of work, and fear runs through communities, demand for personal protective gear is high. The fact of the matter is that there just aren’t enough face masks and other types of gear in production.

As such, CPHI is in a good spot. There’s a strong chance that every single mask produced will be sold relatively quickly. As such, adding these mask production lines gives the company a highly increased change of revenue growth. So, investors should be watching closely.

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