The company was approved by the Finance and Trade Office of the Shanghai Municipal People's Government and the Shanghai Economic System Reform Office on December 28, 1992, and was restructured from Shanghai Kaikai Company to a limited liability company with targeted recruitment. On December 19, 1996, with the approval of the China Securities Regulatory Commission, the company issued 80 million domestically listed foreign shares (“B shares”) to overseas investors, each with a face value of RMB 1. The publicly issued B shares were listed on the Shanghai Stock Exchange in January 1997. The company's main business is the distribution of traditional Chinese medicine, traditional Chinese medicine services (traditional Chinese medicine consultation service), and wholesale and retail of clothing. The company's main product business is mainly wholesale and retail business and health service business, covering Chinese and Western pharmaceuticals, medical devices, reagent consumables, diagnosis and treatment services, etc.; the clothing sector is mainly engaged in wholesale and retail sales of “Kai Kai” brand shirts and cardigans and the “Kai Kai” brand clothing series under the time-honored Chinese brand. Corporate honors: The Kaikai Silk Scarf series was certified as a product of the “Shanghai Gift” brand, and Kaikai won the honor of “Shanghai's First Economic Leading Brand”, and “Customized Processing Service for Ointment Formulations” became the only traditional Chinese medicine service brand in the “Shanghai Brand” certification. This is also after winning the “Shanghai Quality Gold Award”, “Shanghai Famous Brand” and “Shanghai Famous Trademark”, Lei Yun once again showed the world the upward strength of the century-old brand.
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