Yunnan Baiyao was created in 1902. It not only embodies the efforts of the famous Chinese doctor Qu Huanzhang, but also the crystallization of Chinese wisdom, containing profound cultural heritage and historical connotations. In 1971, Yunnan Baiyao Factory was established. On November 30, 1993, Yunnan Baiyao Factory was registered as Yunnan Baiyao Industrial Co., Ltd. and was listed on the Shenzhen Stock Exchange on December 15, becoming the first listed company in Yunnan Province. In 1995, Yunnan Baiyao (powder) and Yunnan Baiyao capsules were listed as national first-level protected varieties, with a protection period of 20 years. Yunnan Baiyao tincture, ointment, Gongxuening capsules and Reduqing tablets are listed as national second-level protected traditional Chinese medicine varieties. In 1996, Yunnan Baiyao Industrial Co., Ltd. was restructured into Yunnan Baiyao Group Co., Ltd. In 1997, the group obtained the enterprise import and export rights. In 1999, Yunnan Pharmaceutical Company and Kunming Tianming Zihong Pharmaceutical Factory, as state-owned high-quality assets, alloted shares to Yunnan Baiyao Group. During the same period, Yunnan Hongta Group became the second largest shareholder of Yunnan Baiyao. In the same year, Yunnan Baiyao Group Co., Ltd. was recognized as a "high-tech enterprise". In December 1999, the group invested 30 million yuan to establish Yunnan Baiyao Group Pharmaceutical E-Commerce Co., Ltd. In April 2000, Yunnan Baiyao Group sponsored the Chinese Sports Delegation of the 2000 Olympic Games and won the title of "Enthusiastical Sponsor of the Chinese Sports Delegation of the 27th Olympic Games". Yunnan Baiyao series products (capsules, powders, aerosols, band-aids, Yunnan Baiyao tincture, and ointment) were designated as the preferred healing drugs for the Chinese sports delegation in the 2000 Olympic Games. In May 2000, Yunnan Baiyao Pharmaceutical E-Commerce Co., Ltd. was recognized as a "high-tech enterprise" by the Yunnan Provincial Science and Technology Commission. In May 2000, Yunnan Baiyao Group successfully registered the "Yunnan Baiyao" trademark, and Yunnan Baiyao, a famous Chinese brand, was Administrative protection of sex has been upgraded to permanent legal protection. In June 2000, Yunnan Baiyao powder, Yunnan Baiyao capsules, Yunnan Baiyao tincture, Yunnan Baiyao ointment, and Gongxuening capsules entered the national basic medical insurance drug catalog. In September 2000, Yunnan Baiyao Group Pharmaceutical Research Institute was officially established. In October 2000, six dosage forms of capsules, granules, powders, tablets, tinctures and aerosols passed the national GMP certification at once, creating a miracle in the history of GMP certification. So far, Yunnan Baiyao Group has more than ten wholly-owned, holding and joint-stock companies. The group's total assets are close to 800 million yuan, its net assets are close to 400 million yuan, and the group's aggregate sales revenue exceeds 800 million yuan, making it the strongest and most powerful company in Yunnan Province. A large pharmaceutical enterprise group with the largest scale and best brand.