Hangzhou Tianmushan Pharmaceutical Factory was established in 1958, and Hangzhou Tianmushan Pharmaceutical Co., Ltd. was established in 1989 and listed on the Shanghai Stock Exchange in August 1993. It is the first listed company in Hangzhou, the first listed company of traditional Chinese medicine pharmaceutical enterprises in China, and a key scientific and technological innovation enterprise in Hangzhou. In 2004, the whole enterprise passed GMP certification. In the same year, the company was recognized as a provincial-level high-tech enterprise in Zhejiang Province, and the "Tianmushan" brand was recognized as a "famous trademark in Zhejiang Province". Tianmushan Pharmaceutical Co., Ltd. has become a cross-regional and cross-industry joint-stock enterprise, with ten subsidiaries, total assets of more than 300 million yuan and annual turnover of several hundred million yuan. The company's main products are: pearl eyesight improving liquid, Dendrobium candidum series, Fule granules, Heche jujube and so on. The planting base and industrialization project of Dendrobium candidum in Tianmu Mountain passed the provincial technical appraisal, and was awarded as the key technological innovation project in Zhejiang Province in June 2004. Tianmushan brand Dendrobium candidum uses Tianmushan as its origin, and its production base is located at the foot of Tianmushan, next to Qingshan Lake. The workshop of enterprise health care products has also passed the GMP certification of national pharmaceutical enterprises. Hangzhou Tianmu Dendrobium candidum Co., Ltd. is a wholly-owned subsidiary of Hangzhou Tianmushan Pharmaceutical Co., Ltd., which specializes in selling health care products.