Byhealth recently released its Q3 2025 financial report, showing a turnaround to profitability in net income for the quarter. This drew attention to the company's Vice President, Chen Hong.
Public records indicate that Chen Hong, born in 1966 and holding Hong Kong residency, graduated from Wuhan University in 1988 with a degree in Library Science. He later earned an Executive MBA from Lingnan College of Sun Yat-sen University. After working at Zhongshan Library in 1988, he joined Guangdong Apollo Group in 1990 as Advertising Planning Manager.
In 1996, Chen followed Byhealth Chairman Liang Yunchao to co-found the company. He subsequently served as Planning Manager at Guangdong Apollo Marketing Company and held leadership roles at Guangzhou Bai Jian as Brand Director, General Manager, and Chairman. From 2007, he worked as Vice President at Haisilong before assuming his current role as Byhealth Vice President in 2008.
As one of Byhealth's founding members, Chen has served as Vice President for nearly two decades. His 2024 compensation totaled 3.053 million yuan, down 1.947 million yuan from 5.0 million yuan in 2023 but still higher than General Manager Lin Zhicheng's 2.307 million yuan.
Notably, Chen holds 17.77 million shares in the company, making him the largest shareholder among executives after Chairman Liang Yunchao. Based on Byhealth's 2024 profit distribution plan of 0.36 yuan per share (pre-tax), Chen stands to receive an additional 6.3972 million yuan in dividends—exceeding his annual salary.
Byhealth's Q3 report showed revenue of 4.915 billion yuan for the first three quarters, down 14.27% year-on-year, while net profit attributable to shareholders rose 4.45% to 907 million yuan. The company achieved 1.383 billion yuan in Q3 revenue, up 23.45% year-on-year, with net profit swinging from a 22.4165 million yuan loss to a 171 million yuan profit—an 861.91% surge.
Whether Byhealth can achieve simultaneous revenue and profit growth this year remains to be seen.
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