Yunnan Baiyao Group Co., Ltd is a Chinese
pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and re ...
company that develops and manufactures pharmaceutical products (mainly
traditional Chinese medicine
Traditional Chinese medicine (TCM) is an alternative medical practice drawn from traditional medicine in China. It has been described as "fraught with pseudoscience", with the majority of its treatments having no logical mechanism of action ...
) and the wholesale and retail of pharmaceutical products.
Corporate affairs
As of December 31, 2007, the company had 12 subsidiaries, engaged in the
pharmaceutical industry, and four major associates, involved in
securities,
investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing i ...
and
biotechnological
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by ...
research.
Products
Its core product range includes the
Yunnan Bai Yao series and the Natural Vegetable series. The company is also involved in the operation of
hotel
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a ref ...
s and
department store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...
s. For the fiscal year of 2007, YBG obtained approximately 99% of its total revenue from the sale of pharmaceutical products.
See also
*
Pharmaceutical industry in China
The pharmaceutical industry is one of the leading industries in the People's Republic of China, covering synthetic chemicals and drugs, prepared Chinese medicines, medical devices, apparatus and instruments, hygiene materials, packing materials, ...
*
Biotechnology industry in China
References
External links
Website
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Pharmaceutical companies of China
Government-owned companies of China
Companies based in Kunming
Companies in the CSI 100 Index
Companies listed on the Shenzhen Stock Exchange