v3.26.1
Description of Business (Tables)
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Significant Subsidiaries

As of December 31,2025 and 2024, the Company's significant subsidiaries are as follows:

 

 

Name

 

Date of
incorporation
or
acquisition

 

Place of
incorporation
(or
establishment)
/operation

 

Percentage of
ownership
as of
December
31, 2025

 

 

Percentage of
ownership
as of
December
31, 2024

 

 

Principal activities

 

Sinovac Biotech (Hong Kong) Limited
  ("Sinovac Hong Kong")

 

October 2008

 

Hong Kong SAR, China

 

 

100.00

%

 

 

100.00

%

 

International sales
and marketing

 

Sinovac Biotech Co., Ltd.
  ("Sinovac Beijing")

 

April 2001

 

People's
Republic of
China ("PRC")

 

 

73.09

%

 

 

73.09

%

 

Research and development,
production and sales of
vaccine products

 

Sinovac Life Sciences Co., Ltd.
  ("Sinovac LS")
  (formerly Sinovac Research &
   Development Co., Ltd.)

 

May 2009

 

PRC

 

 

59.24

%

 

 

59.24

%

 

Research and development,
production and sales of
vaccine products

 

Sinovac (Dalian) Vaccine
  Technology Co., Ltd.
  ("Sinovac Dalian")

 

January 2010

 

PRC

 

 

68.00

%

 

 

68.00

%

 

Research and development,
production and sales of
vaccine products

 

Sinovac Biomed Co., Ltd.
  ("Sinovac Biomed")

 

April 2015

 

PRC

 

 

100.00

%

 

 

100.00

%

 

Distribution of
vaccine products

 

Sinovac Holding Group Co., Ltd.
  ("Sinovac Beijing Holding")

 

June 2024

 

PRC

 

 

100.00

%

 

 

100.00

%

 

Regional holding company

 

Sinovac Business Services
 (Dalian) Co., Ltd.

 

January 2024

 

PRC

 

 

100.00

%

 

 

100.00

%

 

Shared Service Center

 

Sinovac Biotech (Singapore) Pte. Ltd.
  ("Sinovac Singapore")

 

August 2020

 

Singapore

 

 

100.00

%

 

 

100.00

%

 

International sales
and marketing

 

Sinovac (Chengdu) Biotech Co., Ltd.
  ("Sinovac Chengdu")

 

September 2024

 

PRC

 

 

100.00

%

 

 

100.00

%

 

Research and development,
production and sales of
vaccine products