But there are also joint ventures in the following subsidiaries, such as Xi 'an Zhan Sen, which is a modern pharmaceutical enterprise jointly established by Shaanxi Pharmaceutical Corporation, Shaanxi Hanjiang Pharmaceutical Co., Ltd., China Pharmaceutical Industry Corporation, China Pharmaceutical Foreign Trade Corporation and Belgian Janssen Pharmaceutical Company under Johnson & Johnson Company of the United States.
And bought some local private enterprises in China, such as Dabao. On July 30, 2008, Shanghai Johnson & Johnson (China) Investment Co., Ltd. announced today that it has completed the acquisition of Beijing Sanlu Factory and Beijing Dabao Cosmetics Co., Ltd. Employee Stock Ownership Association.