China National Medicines Corporation Ltd. [SINOPHARM (CNCM LTD)], approved by the State Economic and Trade Commission, was initiated and founded on Dec. 21st of 1999 by China National Pharmaceutical Group Corporation, with its registered address in Beijing. In November 27,2002,53 million A shares of the Corporation have successfully been listed in Shanghai Stock Exchange Market. The registration capital of the Corporation is 133 million RMB. Based upon more than half a century glorious traditions of China National Corporation of Medicines, SINOPHARM (CNCM LTD) has always stuck to its sacred missions of disease cure and health care for the people as well as supplying for emergency aides in disasters and epidemic situations and government reserve. SINOPHARM (CNCM LTD), a business entity that integrates the production and marketing distribution, is engaged in organizing medicine manufacture, sales of chemical-material medicine, western medicine preparation, bio-chemical medicine, bio-medicine and Chinese patent drug, import and export of various commodities and technologies, process-processing with supplied/imported material, toll processing business with materials, samples or technical drawings supplied by buyers and compensation trade, foreign trade and entrepot/transit trade, sales of health-care foods, and advisory services with regard to the above businesses. Relying on the business as the agent and distributor of foreign and domestic new and special medicines, China National Medicines Corporation Ltd. performs its key business with domestic network over all provinces and major cities. SINOPHARM (CNCM LTD) maintains close business relationship with many famous Chinese and foreign pharmaceutical companies. SINOPHARM (CNCM LTD) is highly superior in the human resource, capital, credit, network, service, etc. By attraction of elitist and training of staff that is literacy, professional and young, SINOPHARM (CNCM LTD) devotes to build up a new personnel construction that provides the corporation with competitive advantage and condition of stable and permanence development in the future business. SINOPHARM (CNCM LTD) focuses on quality management throughout the various businesses, because the corporation has been taking quality control as survival founding in the pharmaceutical market. The corporation obtained GSP certification awarded by State Drug Administration. Market competition in the field of medicine is becoming more and more severe in the new century. Confronting these challenges, SINOPHARM (CNCM LTD) has set up financial center, business center, storage and distribution center, quality management center, decision center, information center as well as management and service center based upon the analysis and study of market prospect, which reflects the innovation ability and time spirit of SINOPHARM (CNCM LTD). The corporation owns three subsidiaries, i.e. the State Chain Drugstore Co., Ltd. (a retail company) and China National Medicines Guorui Pharmaceutical Co., Ltd. (a manufacturing base). With a close watch on the market demand and a continued emphasis over the industry development, the company collaborated with several well-known multinationals to jointly found a third-party logistics company- Sinopharm Logistic Company Ltd.
SINOPHARM (CNCM LTD) lays emphasis on sound communications with clients at all levels, understands thoroughly and meets their actual demands. The company attaches great importance to set up pre-, mid- and after-sales service systems, stays closely with market changes, organizes various forms of training and exchanges, and strives to provide wide services of high-quality for clients at all levels. Basing itself on domestic market and trying hard to promote market share, the company is actively expanding the international market, introducing advanced international operation ideas, strengthening exchanges and cooperation, promoting its service brand CNCM, and upgrading service levels. SINOPHARM (CNCM LTD) sincerely hopes to create a bright future for China pharmaceutical industry together with counterparts.
SINOPHARM (CNCM LTD), a business entity that integrates the production and marketing distribution, is engaged in organizing medicine manufacture, sales of chemical-material medicine, western medicine preparation, bio-chemical medicine, bio-medicine and Chinese patent drug, import and export of various commodities and technologies, process-processing with supplied/imported material, toll processing business with materials, samples or technical drawings supplied by buyers and compensation trade, foreign trade and entrepot/transit trade, sales of health-care foods, and advisory services with regard to the above businesses.