The reason why Yabao bought Shanghai Songqing

Yabao Pharmaceutical acquired Songqing Pharmaceutical in order to control the upstream R&D and production capacity and reduce the production cost of its own preparations. 65438+On February 6th, Yabao Pharmaceutical announced that it made provision for impairment of 48,299,900 yuan for the goodwill formed when the company acquired 75% equity of Shanghai Songqing Pharmaceutical Co., Ltd. ..