History of Dongsheng Group

Since Mr. Guo Jiaxue, the founder of Dongsheng, resigned from his post and started his own business in 1987, Dongsheng has gone through a history of 16 years along with the development of China's reform and opening up. However, it has only been 7 years since Dongsheng formally entered the pharmaceutical industry. Dongsheng is still a young company in China's pharmaceutical market, but it has already grown into a brand name with a certain degree of influence in today's ever-changing pharmaceutical market. In this sense, Dongsheng is a company that keeps pace with the times.

On December 9, 1987, the chairman of the board, Guo Jiaxue, resigned from his post and went to sea to start his own business.

At the end of 1991, the Xi'an People's Institute of Medical Technology was established to research, develop and sell medical equipment and office automation products, and for the "Kodak" "Agfa" "Siemens" and other international companies. "It also acted as an agent for international companies such as Kodak, Agfa and Siemens in the sale of medical equipment products.

In 1994, Xi'an Jiabao Enterprise was established, expanding its business to comprehensive trade, automobile leasing and foreign investment.

Early in 1995, Xi'an Dongsheng Beverage Co., Ltd. was established, mainly engaged in tea beverages, "Dongsheng" took shape. In December 1996, the company merged with the state-owned Shaanxi Weidong Pharmaceutical Factory (now Dongsheng Science and Technology Pharmaceutical Factory No. 1) to enter the high-tech pharmaceutical field, which was the first private enterprise to merge with a state-owned enterprise in Shaanxi Province.

In July 1998, the company merged with the state-owned Xi'an Chemical and Pharmaceutical Company and established Shaanxi Dongsheng Pharmaceutical Co.

In 1999, the company took control of the Sino-US joint venture Shaanxi Jisheng Pharmaceutical Co.

In November 1999, the company successfully held the listed company, Qinghai Tongren Aluminum Co., Ltd. and injected high-tech pharmaceutical industry, and carried out the replacement of the main body of the industry, and changed its name to "Dongsheng Science and Technology" (stock code: SH600771) in March 2000, which was an important milestone in the history of Dongsheng's development. In November 2000, the company acquired 80% of the state-owned shares of Jiangsu Qidong Gaitanli Pharmaceutical Co.

In August 2001, Dongsheng subscribed 52.9% of the shares of Qinghai Pharmaceutical Group Co., Ltd. and indirectly held the shares of Qinghai Baojiantang National Pharmaceutical Co.

In April 2002, the company held 12.72% of the shares of Zhuhai Lizhu Group in trust.

In May 2003, the company acquired 95% of the shares of Shanxi Guangyuyuan (Guangyuyuan Website) Traditional Chinese Medicine Co.

In June 2003, the Company acquired 29.51% of the state-owned legal person shares of Hubei Qianjiang Pharmaceutical Co.

In June 2003, Shanghai Guoda Dongda Shanda Pharmacy Ltd. was organized through holding.

August 2003, acquired 100% equity interest in Sinopharm Anhui Guoyi Pharmaceutical Co., Ltd. and its third and fourth pharmaceutical factories in Huainan.

August 2003, acquired 100% equity interest in Yunnan Pharmaceutical Technology Co.

September 2003, acquired 100% equity interest in Anhui Huainan Sida Pharmaceutical Co.

December 2003, acquired equity interest in Hebei Xingtai Yinghua Pharmaceutical Co.