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Is Shanghai Chi-Wham Pharmaceuticals reorganized?

Yes. In August 2001, under the background of Mr. Li Ka-shing's commitment to the global development of traditional Chinese medicine, Hutchison Whampoa invested 50% to reorganize the former Shanghai Traditional Chinese Medicine No. 1 Factory into Shanghai Hutchison Pharmaceutical Co., Ltd., so Shanghai Hutchison Pharmaceuticals was reorganized. Shanghai, referred to as "Hu", also known as "Shen", is China's largest economic center and an important international financial center city.