We are through our PRC Subsidiaries, engaged in the wholesale and retail distribution of pharmaceuticals-related products, Chinese herb cultivation and preparations of raw materials for medicine. We conduct business in the PRC through our operating subsidiaries: Shandong Global Pharm Co.,Ltd., formerly Shandong Yaoyuan Pharmaceutical Co., Ltd (“Yaoyuan”), Tonghua Tongdetang Pharmaceutical and Medicinal Materials Co., Ltd. (“Tongdetang”) , and Anhui Xuelingxian Pharmaceutical Co., Ltd. (“Xuelingxian”) (collectively, the “PRC Subsidiaries”).
Yaoyuan primarily engages in the wholesale distribution and sales of pharmaceuticals and traditional Chinese medicine (“TCM”) to customers in Shandong province, including hospitals, pharmaceutical companies and retail pharmacies.
Tongdetang engages in the wholesale distribution of pharmaceuticals and TCM to over 1,500 customers, including various local Class II hospitals and numerous county health centers/clinics and drugstores. Tongdetang’s core business centers on the major towns and cities in Jilin and Liaoning provinces and every county within Tonghua city and its nearby regions.
Last updated December 9, 2010
DistributionRetail