Enterprise development of Hebei Tiancheng Pharmaceutical Co., Ltd.

With the extraordinary development of the enterprise, in order to seek a broader development space, the company requisitioned land 108 mu in Cangzhou Economic Development Zone, and planned to invest 80 million yuan for technical transformation. The first phase of the project invested 30 million yuan to build workshops for oral solid preparations, extraction of traditional Chinese medicine, and auxiliary facilities such as storage and water and electricity. In one year, the warehouse and purification area of 1 10,000 square meters will be built. The company has two national-level new drugs, and two national-level new drugs are being declared, which has a very broad development prospect. In 2005, it is planned to invest 50 million yuan in the second phase of expansion and transformation, build a raw material workshop, and relocate and technically transform large-capacity injections, small-capacity injections and powder injections.