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Corporate culture of Laobaixing Pharmacy Co., Ltd.

In the past eight years, the company has adhered to the corporate spirit of "Advocating kindness and trustworthiness, being pragmatic and innovative", and strived to advocate a corporate culture that is close to, for the people, and beneficial to the people, taking the reduction of unreasonable drug prices as a breakthrough, and purifying and improve the deformed pharmaceutical market and circulation system as a means to make more people afford medicine and let more people have health as the company's social value pursuit, pioneering innovation, operating with integrity, and providing more than 90 direct profits to consumers in the past eight years billion, and the promotion of the development of affordable pharmacies, the reform of pharmaceutical mechanisms, and the reduction of drug prices have indirectly transferred more than 10 billion yuan in profits to consumers. The company has donated more than 43 million yuan worth of donations to social welfare undertakings, establishing an image of "courageous businessman" and "moral businessman" in the minds of the masses, and forming a nationally renowned brand. The company has been rated as a consumer trustworthy unit, an honest commercial enterprise in the pharmaceutical industry, a provincial and municipal honest business enterprise, and a contract-honoring and trustworthy unit by relevant units for many times. The registered trademark "Laobaixing" has been rated as a "well-known trademark in China".