1. Guangzhou Guo Ying Pharmaceutical Co., Ltd.
2. Guangzhou Xinte Pharmaceutical Co., Ltd
Guangzhou Jianmin Pharmaceutical Chain Co., Ltd.
Holding subsidiary:
1. Guangzhou Qihua Medical Equipment Co., Ltd.
Hubei Guangyao Ankang Pharmaceutical Co., Ltd.
3 Fujian Guangyao Jieda Pharmaceutical Co., Ltd.
References:
Guangzhou Pharmaceutical Group Co., Ltd. is a wholly state-owned company authorized by Guangzhou Municipal Government to operate and manage state-owned assets.
Mainly engaged in research and development (R & ampd) and manufacturing and operation business (P&: M), and in medicine, commerce, logistics, health industry and other aspects of sustained and rapid development. It is a large enterprise group focusing on science, industry and trade supported by Guangzhou.
GPHL has become the largest pharmaceutical enterprise in China and the leading enterprise in Guangzhou biomedical health industry.
In international business, a subsidiary refers to a legal person enterprise of the host country established in accordance with the law with all or part of the shares invested by the parent company. The subsidiary is legally independent from the parent company and has an independent and complete company management organization system, so it has greater independence and certain flexibility in operation.
The business activities of subsidiaries should also be controlled by the parent company and obey the needs of the overall strategy and interests of the parent company. However, this control is indirect and positively related to the proportion of equity owned by the parent company.
References:
Baidu Encyclopedia-Guangyao Group Co., Ltd.; Baidu encyclopedia-subsidiary