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Wang and FCPG are hiding in plain sight:

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LongTimeObserver   Monday, 08/27/18 04:21:17 PM
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Wang and FCPG are hiding in plain sight:

"Kunming Xinyuantang Pharmaceutical Co., Ltd. was established in Kunming, Yunnan on November 12, 2002, and registered with Kunming Administration for Industry and Commerce. On March 30, 2011, First China Pharmaceutical Group Co., Ltd. added 13.08 million yuan of registered capital, and the company's registered capital was changed to 15.08 million yuan, which is the wholly-owned subsidiary of First China Pharmaceutical Group (Hong Kong-owned enterprise) in Mainland China. the company. It is a pharmaceutical industry investment platform established in Yunnan.

Kunming Xinyuantang Pharmaceutical Co., Ltd. is mainly engaged in the wholesale and circulation of pharmaceuticals. It is a modern pharmaceutical circulation enterprise that is designed, managed and operated in strict accordance with GSP standards. The company has a total warehouse area of ??11,235 m2, all of which are cool storage, with a cold storage of 100 m2 (about 225 m3).

Since its establishment, Kunming Xinyuantang Pharmaceutical Co., Ltd. has strictly abide by the law, and has a good business operation. There are no violations of laws and regulations. No quality accidents occurred in the drugs handled. The overall business has grown steadily year by year, showing a good development momentum.

In 2013, the company complied with the national industry policy orientation and carried out transformation and upgrading, seeking the company's leap-forward development. Realize the transformation from traditional pharmaceutical circulation enterprises to modern pharmaceutical logistics enterprises, transforming business from single drug sales to drug sales, drug storage and distribution, cold chain transportation, drug logistics services, logistics extension services, and supporting value-added services. The comprehensive business has enabled the company to develop into a service-oriented, public-type and comprehensive industrial platform for the pharmaceutical distribution industry.
In 2014, the company completed the “Xinyuan Modern Medicine Logistics Center” and put it into operation. At the end of 2014, it passed the national new GSP certification and obtained the certificate. In January 2015, it obtained the Yunnan Province drug storage and qualification certification, and obtained the Yunnan Province in the same year. Medical equipment storage, replacement qualification confirmation, official operation.

In 2009 and 2011, the company has obtained the "Internet Drug Information Service Qualification Certificate" and "Internet Drug Trading Service Qualification Certificate", and officially adopted the company's self-developed Internet information service platform to carry out drug trading and related value-added services.

Xinyuantang has registered the registered trademarks in the State Administration for Industry and Commerce.

Kunming Xinyuantang Pharmaceutical Co., Ltd. is the sponsor of the national third-party pharmaceutical logistics alliance.

The company was appraised by the Yunnan Provincial Industry and Information Technology Commission and was recognized as “the Yunnan Province SME Public Service Demonstration Platform”. It was appraised and confirmed by the Kunming Municipal Work Committee and was named “2015 Kunming SME Social Service System Demonstration Unit”. At the same time, it was selected as “Excellent Pharmaceutical Logistics Center of China Pharmaceutical Logistics Industry 2014-2015” by the China Logistics and Purchasing Federation Pharmaceutical Logistics Branch.

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