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 old Jiuzhitang accumulated 400,000 silver dollars (including real estate), but by June19381kloc-0/,a fire broke out in Wenxi, Changsha, and the store was burned down, resulting in more than half of the capital loss. 1944 When the Japanese invaded Changsha, 1949 When Hunan was peacefully liberated, the store was in a state of collapse. The spring breeze of liberation in People's Republic of China (PRC) has brought revival and revitalization to the old Jiuzhitang, and 1953 established a private Xinzhong pharmaceutical factory.
1956 the public-private partnership is mainly based on the old jiuzhitang pharmacy, and several pharmacies have been merged to set up the jiuzhitang processing factory, and the trademark of Zhi Zhi brand has been designed and activated. Since then, the old Jiuzhitang drugstore, once favored by feudal relations of production, has bid farewell to the long and stormy history and entered a brand-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, 40 million public shares were issued and listed on Shenzhen Stock Exchange.
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.