In A.D. 1650, an old man named Lao Cheng came to the ancient city of Changsha, opened a small pharmacy in Pozi Street, and made a promise: he made up his mind to save all living things in the world with his limited strength. Old descendants inherited their ancestral business and painstakingly managed it, and dreamed that nine ganoderma lucidum were born in the osmanthus tree in the court, which inspired them to name the pharmacy "Old Jiuzhitang". For this beautiful wish, the old clan people worked hard from generation to generation and finally developed their family business. At the end of the Qing Dynasty and the beginning of the Republic of China, the political situation was turbulent and people's livelihood was bleak. After more than 200 years of ups and downs, Old Jiuzhitang has certain strength in product quality, store management and fund sources. However, due to the shackles of feudal production relations, it has always been a conservative feudal enterprise, neither absorbing foreign investment nor setting up another branch. In particular, internal strife among Lloyd's shareholders often occurred, which led to the gradual decline of business and was on the verge of bankruptcy in the seventh year of the Republic of China (19 18). Later, the clan elected the old monk Kun as the manager. He paid his own money in 300 yuan, enriched his working capital and made every effort to rectify the shop business. The pharmacy has regained its vitality and there has been a resurgence. By 1930, the annual turnover reached180,000 silver dollars, which resisted the resurgence. By 1930, the annual turnover reached 65438+. On the eve of War of Resistance against Japanese Aggression, the accumulated capital of Old Jiuzhitang reached 400,000 silver dollars (including real estate), but by June1938165438+10, the store was destroyed by the "Wenxi" fire in Changsha, and the capital loss was more than half. The Japanese army 1944 invaded Changsha, and the pharmacy moved to Lantian Town (now Lianyuan County) for small-scale operation. It was not until War of Resistance against Japanese Aggression won that he returned to Changsha to resume business. 1949 When Hunan was peacefully liberated, the store was in a state of bankruptcy.

The spring breeze of national liberation has brought revival and revitalization to the old Jiuzhitang. 1953 established a private "Xinzhong Pharmaceutical Factory". 1956 is a public-private partnership, mainly focusing on the old Jiuzhitang pharmacy, merging a number of pharmacies, establishing the Jiuzhitang Processing Factory, and designing and enabling the trademark "Zhi". Since then, the old Jiuzhitang drugstore with successful feudal production relations has bid farewell to the long and stormy history and entered a new era. 1967 was renamed Changsha Chinese Medicine Factory. 1992 at the press conference of the great hall of the people in Beijing, the old factory named Changsha jiuzhitang pharmaceutical factory was officially restored.

65438-0994, the company system was reorganized and Changsha Jiuzhitang Pharmaceutical Group Company was established, which realized the transformation from factory system to company system. 1995, Changsha medicinal materials company, a medium-sized state-owned commercial enterprise, was merged, effectively achieving the purpose of combining industry and commerce and complementing each other's advantages. 1996 Changsha jiuzhitang (group) co., ltd was formally established in order to speed up the establishment of a modern enterprise system, actively implement the group's development strategy and realize the strong alliance with Changsha Shen Jian pharmaceutical general factory. 1997 10, formed a strategic cooperative relationship with SDIC industrial co., ltd., making Changsha jiuzhitang (group) co., ltd. a leading pharmaceutical enterprise in Hunan. 1In May, 1999, the group company established Hunan Jiuzhitang Co., Ltd. together with five promoters, including SDIC Pharmaceutical Investment Co., Ltd. (now changed to SDIC Venture Capital Co., Ltd.), Hainan Xiangyuan Economic and Trade Co., Ltd. (now changed to Hainan Xiangyuan Industry and Trade Co., Ltd.), Hunan Pharmaceutical Company and Hunan Changsha Friendship (Group) Co., Ltd. (now changed to Hunan Friendship Apollo Co., Ltd.), in June, 2000. On June 5438+ 10, 2002, the company implemented the plan of transferring every 10 share of capital reserve to 3 shares. After the transfer, the company's total share capital became167,206,000 shares, including 52 million public shares. In August 2003, the company issued 565,438+00000 new shares. At present, the company's total share capital has become 2,654.38+820.82 1.8 million shares, of which 654.38+0,030.438+0.8 million shares are public shares.

With the spirit of Kyushu in mind, looking forward to the beautiful scenery of Lan Zhi, keeping pace with the development of the country and the trend of the times, this is the highest realm pursued by Jiuzhitang, and it is also the commitment of Jiuzhitang for 300 years as always. Today, history has brought Jiuzhitang into the new century, which brings both opportunities and challenges. With the heroic spirit of "trying to compete with God" and the confidence that "no matter what the storm is, it is better to walk around", the people of Jiuzhitang, with a brave attitude, seize the opportunity from the outside, promote reform from the inside and continue the road extended by the strong. "Capital diversification, technological innovation, scientific management, industrial scale and market internationalization" are the strategic goals of enterprise development. Jiuzhitang will continue to focus on proprietary Chinese medicines, and strive to expand into the fields of biopharmaceuticals and western medicines, adhering to the corporate philosophy of "Kyushu's economy is the same as Lan Zhi's", carrying forward the fine pharmaceutical tradition of more than 300 years, actively adopting modern high technology, and striving to become one of the 65,438 pharmaceutical industries in China in 2005.