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Introduction to Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd.

The predecessor of Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd. was Zhangzhou Pharmaceutical Factory. In 1993, Zhangzhou Pien Tze Huang Group Company was established with Zhangzhou Pharmaceutical Factory as the core enterprise. At the end of 1999, Zhangzhou Pien Tze Huang Group Company (now changed to "Zhangzhou Jiulongjiang Construction Co., Ltd.") used all its production and operating assets related to the pharmaceutical industry As an investment, we jointly initiated the establishment of the company with other legal entities. The company is a national large-scale second-tier enterprise, a key high-tech enterprise in the Torch Plan recognized by the National Ministry of Science and Technology, and one of the 20 key enterprises in Fujian Province that is key to contact and support. It ranks among the top 50 companies in China's proprietary Chinese medicine industry and has been selected as one of the country's 500 most economically beneficial industrial enterprises for many years. The company is well-known at home and abroad for its production of the precious Chinese patent medicine - Pien Tze Huang. The company is among the first batch of "Chinese time-honored brands" in China. The registered trademark "Pien Tze Huang" was rated as "China's Well-known Trademark" in January 1999. "Pien Tze Huang Production Techniques" was announced as a "National Intangible Cultural Heritage" by the State Council in 2011. Pien Tze Huang and its series of products, Xinshu Bao Tablets and Pien Tze Huang Yin Dan Ping Gan Capsules have passed the country's first batch of "Origin Marking Certification". The company has been awarded the title of "Abiding by Contract and Keeping Promise" by the provincial and municipal industrial and commercial administration departments for many times, and it is also honored to be one of the first batch of national "Abiding by Contract and Keeping Trust" enterprises. It was designated as an inspection-exempt enterprise by the Fujian Provincial Administration for Industry and Commerce in 2001, and was designated as a key industrial enterprise by the province and city. It was approved by the Ministry of Personnel to establish a "postdoctoral scientific research workstation". It has been awarded the title of National Model Employee Home, and has won the honorary title of Provincial and Municipal Civilized Unit for three consecutive times.

Pien Tze Huang is a national-level protected traditional Chinese medicine, and it is derived from the secret recipe of the former palace. It has a sense of mystery. Its "Pien Tze Huang production technique" has been rated as a national intangible cultural heritage. Until now, its secret recipe is still unknown. Undisclosed, owned by Zhangzhou Pien Tze Huang Pharmaceutical. Although it originated from the secret recipe of the palace, the efficacy of Pien Tze Huang has always been popular among the people. It has cured many diseases and has been called a miracle medicine in ancient times.

The company's factory is located in the southern suburbs of Zhangzhou City with a beautiful environment. It covers an area of ??more than 56,000 square meters and has assets of more than 300 million yuan. The company currently holds 6 companies and has a total number of more than 700 employees.

The company was approved by the Fujian Provincial People's Government "Min Zhengti Unit [1999] No. 31" and is jointly owned by Zhangzhou Pien Tze Huang Group Company, Zhangzhou Pien Tze Huang Group Company Trade Union, Fujian Zhangzhou Pharmaceutical Co., Ltd., and Fujian Medicinal Materials Company and Zhanglong Industrial Co., Ltd. and other five units *** jointly initiated the establishment. The main sponsor of the company, Zhangzhou Pien Tze Huang Group Company, has been evaluated with the workshops, equipment, supporting water, electricity, steam facilities and some current assets required for pharmaceutical production. The latter part of the physical assets of RMB 96,000,000.00 was converted into 80 million shares and invested in the company, accounting for 80% of the company's registered capital; Zhangzhou Pien Tze Huang Group Company Labor Union, Fujian Zhangzhou Pharmaceutical Purchasing and Supply Station, Fujian Medicinal Materials Company and Zhanglong Industrial Co., Ltd. 10 million shares, 2 million shares, 2 million shares and 6 million shares were subscribed in cash at RMB 1.2 per share respectively, accounting for 10%, 2%, 2% and 6% of the company's registered capital respectively.