Fujian Huihao Pharmaceutical (Group) Co., Ltd. is a pillar enterprise of Hong Kong Yao Hong International Development Co., Ltd., with two independent subsidiaries, Fujian Huihao Pharmaceutical Chain Co., Ltd. and Fujian Huihao Pharmaceutical Co., Ltd., among which Fujian Huihao Pharmaceutical Co., Ltd. has developed into a large-scale pharmaceutical chain enterprise with more than 700 employees since it established its first Huihao pharmaceutical retail store in Changle Road, Fuzhou on June 9, 2002, and successfully passed the national certification in 2003, becoming the designated unit of medical insurance in Fujian Province. According to the company's development plan, by the end of 2004, 85 chain stores will be built in Fujian Province, and the terminal sales network covering the whole province will be established and improved, with annual sales exceeding 550 million yuan. At present, Fujian Huihao Pharmaceutical (Group) Co., Ltd. has acquired 32 mu of land in Fuzhou, and is investing in the construction of an industrial park integrating medicine, logistics, scientific research and training, which will be officially put into use at the end of 2004.