Why is the chairman of Tong Ren Tang not Lloyd's?

Because 1954, Tongrentang implemented a public-private partnership.

It is reported that in the process of public-private partnership at that time, the state-owned capital contributed 2.5 billion yuan (equivalent to 250,000 yuan after the currency reform of 1955), while the private capital of Tongrentang was12.3 billion yuan, and the state-owned capital should be a minority shareholder. For example, according to the current company law, the Leroy family is still the actual controller of the company.

As the first well-known trademark in China, Tongrentang enjoys a unique brand advantage. The countries participating in the Madrid Convention and the Paris Convention are registered and protected by international organizations. Registered in more than 50 countries and regions around the world, it is the first mainland trademark registered in Taiwan Province Province.

Extended data:

From ancient times to the present, there are two reasons for the formation of Tongrentang's concept of cultural quality: one is the self-discipline consciousness of Tongrentang people. Tongrentang people in past dynasties abide by the medical ethics of honesty and dedication, and put forward the creed of "no one sees it when it is combined, but they know it intentionally". The pharmaceutical process strictly follows the formula, selects authentic medicinal materials, never cuts corners, and shoddy.

The other is the external pressure of Tong Ren Tang. This external pressure is the pressure of imperial power, because it is for the palace pharmacy, so there is no room for any carelessness, and a little carelessness may lead to fatal disaster.

Tongrentang people in past dynasties have been adhering to the four pharmaceutical characteristics of "unique formula, excellent materials selection, exquisite technology and remarkable curative effect" and produced many Chinese patent medicines with remarkable curative effect.

1989, the State Administration for Industry and Commerce awarded Tongrentang the title of "China Well-known Trademark", making Tongrentang the only enterprise in the Chinese medicine industry to obtain the title of "China Well-known Trademark" so far. Tongrentang not only has "Top Ten Aces", but also forms a product series represented by "Top Ten Famous Drugs", which has won wide praise and favor from people at home and abroad.

Baidu encyclopedia-tongrentang