The Historical Evolution of Hunan Zhengqing Pharmaceutical Group Co., Ltd.

Zhengqing's predecessor was Huaihua No.2 Pharmaceutical Factory. 199265438+In February, Huaihua Regional Pharmaceutical Bureau set up "Guangzhou Baiyun Mountain Pharmaceutical Factory Huaihua Branch" with the insolvent Huaihua No.2 Pharmaceutical Factory, Guangzhou Baiyun Mountain Enterprise Group Company and intangible assets such as trademarks, management and talents. Wu Feichi, Huang and three young people were appointed by Baiyun Mountain to start businesses in Huaihua Mountain. 1993 Turn losses into profits. In August, 1994, "Huaihua Branch" realized the shareholding system reform and traded over the counter. "Baiyun Mountain Zhengqing" became the earliest enterprise in Huaihua to establish a modern enterprise system. After the completion of the shareholding system reform, Zhengqing entered the fast lane of development, and its economic benefits improved significantly year after year. 1996 10, Zhengqing established the idea of industrialization development and carried out large-scale capital operation. 1997 10, Hunan Zhengqing Group was established with Hunan Zhengqing Pharmaceutical Group Co., Ltd. as the core. From 1992 to 2005, the main economic indicators of Zhengqing achieved sustained and rapid growth, with the growth rate exceeding 20 times. Since 1998, Zhengqing Group has been ranked as the largest taxpayer in Huaihua for five consecutive years, with the highest annual tax payment reaching more than 40 million yuan.