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TRAD CHI MED (00570)

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  • 1.420
  • -0.005-0.35%
15min DelayNot Open Aug 13 16:07 CST
7.15BMarket Cap-18.93P/E (TTM)

About TRAD CHI MED Company

China National Chinese Medicine Holdings Limited ("China National Chinese Medicine") is the core platform of the Chinese medicine industry within China National Pharmaceutical Group Corporation ("Sinopharm"). The company is listed on the Main Board of the Hong Kong Stock Exchange as a red-chip entity (stock code: 00570.HK), with its headquarters and management center located in Foshan, Guangdong. It employs approximately 18,000 people and operates more than 100 subsidiaries. The company boasts a comprehensive industrial chain integrating research, manufacturing, and sales. It offers over 800 finished‑product specifications—more than 280 of which were included in the 2018 edition of the National Essential Medicines List—alongside over 700 single‑herb traditional Chinese medicine granule varieties and more than 400 classic compound concentrated granules exclusively for export. Its operations span the entire value chain, from the cultivation and harvesting of medicinal herbs to processed herbal slices, formula granules, proprietary Chinese medicines, and broader health‑related products. Drawing on the essence of traditional Chinese medicine and spanning over 400 years of history, China National Chinese Medicine carries forward time‑honored brands such as "Liang Zhonghong Wax Pill Workshop," "Feng Liaoxing," "Tongjitang," and "Yuan Jilin." The company holds three Chinese Timeless Brands—"Feng Liaoxing," "Anning," and "Tongjitang"—five well‑known trademarks—"Xianling," "Tongjitang," "Xianling Gubao," "Tianjiang Pharmaceutical," and "Dezhong"—four items of intangible cultural heritage—"Tongjitang Traditional Chinese Medicine Culture," "Feng Liaoxing Rheumatism and Trauma Medicinal Wine," "Shaolin Trauma Pain Relief Ointment," and "Yuan Jilin Sweet and Herbal Tea"—as well as ten nationally exclusive essential medicines: "Xianling Gubao Capsules," "Jingshu Granules," "Rheumatic Bone Pain Capsules," "Qili Capsules," "Runzao Anti‑Itch Capsules," "Zaoren Anshen Capsules," "Yu Pingfeng Granules," "Biyan Kang Tablets," "Jinye Baidu Granules," and "Biejia Jian Pills." Committed to quality as its cornerstone, China National Chinese Medicine possesses premium brands and product portfolios that enjoy the trust of physicians and patients alike. Guided by the mission of "implementing the national strategy for developing traditional Chinese medicine and leading high‑quality growth in the Chinese medicine sector," the company will prioritize industrial development, leverage technological innovation, vigorously expand the medicinal resource industry, capitalize on its traditional trade strengths, and actively enter the realm of value‑added services in the greater health field. By sharing its multi‑billion‑dollar Chinese medicine platform with all stakeholders, it aims to become a leader in the Chinese medicine industry. On December 25, 2018, an announcement stated that Wang Xiaochun had assumed the role of President. On September 10, 2021, it was announced that Wang Xiaochun had been relieved of his presidential duties. On May 23, 2022, an announcement indicated that Chen Yinglong had been appointed Chairman of the Board. On March 26, 2024, an announcement confirmed that Chen Yinglong would serve as acting President.

Company Profile

Symbol00570
Company NameTRAD CHI MED
ISINHK0000056256
Listing DateApr 7, 1993
Issue Price1.02
Shares Offered45.00M share(s)
FoundedJul 23, 1992
Registered AddressHong Kong, China
Chairmanjinhong guo
Secretaryxiuwei wu
Audit InstitutionHong Kong Lixin Dehao Certified Public Accountants Limited
Company CategoryOverseas registration of Mainland State-owned Assets control
Registered OfficeRoom 1601, King's Group Centre, 288 Hennessy Road, Wan Chai, Hong Kong, China
Head Office and Principal Place of Business

Room 1601, Emperor Group Centre, 288 Hennessy Road, Wan Chai, Hong Kong

Fiscal Year Ends12-31
Employees14846
MarketHong Kong motherboard
Phone(852)28543393
Fax(852)25441269
Emailpublicrelation@china-tcm.com.cn
Business

China National Medicines Corporation Limited is the core platform of the modern Chinese medicine segment within China National Pharmaceutical Group Corporation. The company is listed on the Main Board of the Hong Kong Stock Exchange as a red-chip entity (stock code: 00570.HK), with its headquarters and management center located in Foshan, Guangdong. It employs approximately 18,000 people and operates more than 100 subsidiaries across over 20 provinces and municipalities nationwide. Upholding the mission of "implementing the national strategy for the development of traditional Chinese medicine and leading the high-quality growth of the TCM industry," the company's business spans six major segments: production and trading of Chinese medicinal materials, processed Chinese herbal slices, formulated granules, proprietary Chinese medicines, TCM‑related health products, and TCM clinics. This has enabled the establishment of the largest TCM industrial manufacturing cluster in China. To date, the company has achieved several national firsts: the largest network of Chinese medicinal material cultivation bases and the highest capacity for primary processing at origin; the pioneering "Shared TCM · Intelligent Distribution Center" business model for processed herbal slices; the nation's leading research capabilities, production capacity, and market scale in formulated granules; and the highest number of essential medicines, the most comprehensive product pipeline, and the strongest production capacity among proprietary Chinese medicines.

Company Executives

  • Name
  • Position
  • Salary
  • jinhong guo
  • Chairman of the Board, Executive Director, Chairman of the Strategy Committee, Chair of the Nominating Committee, Authorized Representative
  • --
  • hongjian li
  • President, Executive Director, Deputy Secretary of the Party Committee, Member of the Strategy Committee, Member of the Nomination Committee, Authorized Representative
  • 990.00K
  • li peng
  • Executive Director, Deputy Secretary of the Party Committee, Member of the Strategy Committee, Trade Union Chairman
  • 514.00K
  • xiangrong li
  • Non-executive Director, Member of the Strategy Committee
  • --
  • jing zu
  • Non-executive Director, Member of the Audit Committee
  • --
  • jinghui xu
  • Non-executive Director, Member of the Nomination Committee
  • --
  • kun chen
  • Non-executive Director, Member of the Remuneration and Performance Review Committee
  • --
  • hao huang
  • Non-executive Director
  • --
  • rong xie
  • Independent Non-Executive Director, Chairman of the Audit Committee, Nomination Committee Member, Members of the Remuneration Committee
  • 284.00K
  • zishan yu
  • Independent Non-Executive Director, Members of the Remuneration Committee, Nomination Committee Member, Audit Committee Member, Members of the Strategy Committee
  • 293.00K
  • ling qin
  • Independent Non-Executive Director, Chair of the Remuneration Committee, Audit Committee Member, Nomination Committee Member, Members of the Strategy Committee
  • 293.00K
  • weidong li
  • Independent Non-Executive Director, Nomination Committee Member, Members of the Remuneration Committee, Audit Committee Member
  • 284.00K
  • lixin shen
  • Vice President, Chief Financial Officer
  • --
  • he huang
  • Vice President
  • --
  • jun zheng
  • Vice President
  • --
  • xiuwei wu
  • Company Secretary
  • --
  • jun yang
  • Party Secretary
  • 1.11M
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