Jiangsu Pharmaceutical Co., Ltd.

Jiangsu Pharmaceutical Co., Ltd. is a wholly-owned holding company of Jiangsu Guoxin Asset Management Group Co., Ltd., a leading state-owned enterprise in Jiangsu Province, with a registered capital of 266.13 million yuan.By the end of 2019, the net assets of the company were 530 million yuan, with total assets of 3.744 billion yuan.

Established in 1953, Jiangsu Pharmaceutical Co., Ltd. is engaged in the wholesale and retail business of pharmaceuticals, medical devices and medicinal materials, etc. Currently, it has 290 regular employees, 20 departments and 3 branches.Jiangsu Pharmaceutical was transformed from an administrative company to an operating company in 1988, and became a wholly-owned subsidiary of Jiangsu Guoxin Group Co., Ltd in 2006. In 2009, Jiangsu Pharmaceutical merged with Provincial Pharmaceutical Materials Company and Provincial Medical Device Industry Company to form a new Jiangsu Pharmaceutical. In 2016, the company system was restructured, and in 2019, the mixed ownership reform was completed.

At present, the company with more than 3000 international and domestic customers keep close business contacts, business scope covers chemical drugs, biological products, narcotic drugs, psychotropic drugs, toxic drugs for medical use, proprietary Chinese medicine, Chinese herbal medicine, Chinese medicine yinpian, and medical devices, glass apparatus, chemical reagents, vaccine wholesale, retail, traditional Chinese medicinal materials acquisition, consulting service, medical information consulting services, exhibition services, sales of cosmetics and so on.

Jiangsu Pharmaceutical Co., Ltd., as a state-owned pharmaceutical commercial enterprise wholly owned by the province, has become the pharmaceutical commercial company with the most comprehensive market coverage in Nanjing region by accelerating the pace of transformation and upgrading, improving the management level and service ability, optimizing customer base and regional market segmentation.As a provincial drug shortage storage unit, it has actively undertaken the drug shortage storage tasks in five cities including Ning, Su, Xi, Chang and Zhen. Its business covers the whole province of Jiangsu and radiates to surrounding provinces and cities.It is a state-designated regional wholesale enterprise of anesthetic and essence drugs, a national herbal medicine reserve enterprise, a provincial pharmaceutical and medical device reserve enterprise in Jiangsu Province, and one of the only four drug shortage storage enterprises in Jiangsu Province.