Brief introduction of Wuhan second pharmaceutical factory

In the 1980s, it was a key state-owned enterprise in Wuhan and made outstanding contributions to the society. In the late 1990s, due to the restructuring of state-owned enterprises, they were on the verge of bankruptcy. In 2000, it was transformed from private self-employed to Jiu 'an Pharmaceutical and moved to Jiangxia Miaoshan. At present, the workshop and title deed of Wuhan No.2 Pharmaceutical Factory are owned by Jiu 'an Pharmaceutical, and Hubei College of Traditional Chinese Medicine and Hubei Academy of Fine Arts have also occupied some workshops and turned them into student apartments. Wuhan No.2 Pharmaceutical Factory is a closed state-owned enterprise in Wuhan, and its closure resulted in 2000 laid-off workers. It is said that the main reason of Wuhan No.2 Pharmaceutical Factory is the loss and corruption of factory leaders and the illegal loss of state-owned assets, while the restructuring of state-owned enterprises is the secondary reason, but it has been covered up for some objective reasons.