Wholly owned subsidiaries:
1. Guangzhou Guoying Pharmaceutical Co.
2. Guangzhou Xinte Pharmaceutical Co.
3. Guangzhou Jianmin Pharmaceutical Chain Co.
Holding subsidiaries:
1. Guangzhou Weihua Medical Equipment Co.
2. Hubei Guangyu Ankang Pharmaceutical Co.
3. Fujian GP Jieda Pharmaceutical Co.
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Guangzhou Pharmaceutical Group Co., Ltd. is a wholly state-owned company authorized by the Guangzhou Municipal Government to operate and manage state-owned assets.
Mainly engaged in research and development (R&D) and manufacturing and operation business (P&M) in the fields of proprietary Chinese medicines and botanical medicines, chemical raw materials and preparations, and biomedical preparations, etc., and has sustained and rapid development in the areas of pharmaceutical trade and logistics, and health industry, etc., and is the key support for the development of the development of the city of Guangzhou in the integration of science and technology, industry and trade in one of the large-scale enterprise groups.
Guangzhou Pharmaceutical Group has become China's largest pharmaceutical enterprise, Guangzhou biomedical health industry leading enterprises.
Subsidiary in international business refers to a host country legal person enterprise established in the world by the parent company investing all or part of its shares according to the law. Subsidiaries are legally independent of the parent company and have an independent and complete company management organization system, thus they have greater independence and a certain degree of flexibility in operation.
Subsidiary business activities are also subject to the control of the parent company, subject to the parent company's overall strategy and the overall interests of the needs. However, this control is indirect and positively related to the proportion of equity owned by the parent company.
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