Development course of Shanghai Kaibao Pharmaceutical Co., Ltd.

Shanghai Kaibao Pharmaceutical Co., Ltd. was established on April 2000 12, and was renamed Shanghai Kaibao Pharmaceutical Co., Ltd. on September 8, 2008 after the restructuring. The company has invested hundreds of millions of yuan in new product development and production technology transformation, and continuously introduced various professional and technical personnel, so that the company's production scale has developed from 1 workshop to 4 workshops (solid preparations, oral liquid preparations, small-volume injections and traditional Chinese medicine extraction), and has successively passed the national standards. The company's economic indicators have been rising year after year, from the tax-included sales income of 200 1 of more than 3 million yuan to 450 million yuan in 2008, an increase of 100 times in eight years.

In 2008, the sales revenue was 450 million yuan, and the total tax payment was 78.88 million yuan. Sales revenue has achieved a rapid growth of 50% for three consecutive years.