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Who acquired Shanxi Medi Pharmaceuticals

Runsheng Pharmaceutical. Acquisition means that a company acquires more than 50% of the shares of another company through equity transactions and has control over the company. Runsheng Pharmaceutical was founded in 1995 and is located in Guizhou Shuanglong Airport Economic Zone. In 2015, the company controlled Shanxi Maidi Pharmaceutical Co., Ltd., holding 55%. Runsheng Pharmaceutical is engaged in the development and investment of the pharmaceutical and medical industry, forming a complete closed-loop industrial chain including traditional Chinese medicine cultivation, pharmaceutical industry, pharmaceutical trade, pharmaceutical big data information, medical equipment, and medical institutions.