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Jiuzhitang Co Ltd

Updated: Mar 21, 2018 govt.chinadaily.com.cn Print
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Jiuzhitang Co Ltd is a national key enterprise of traditional Chinese medicine, a national key high-tech enterprise, an A-stock market listed company, a Hunan Quality Management Award winner and a national postdoctoral workstation.

Its predecessor Laojiuzhitang Pharmacy Store having opened in 1650, Jiuzhitang Co, Ltd is among the few enterprises certified as Famous Trademark of China, China Time-honored Brand and China Intangible Cultural Heritage. It also has been listed among China's Top 500 Most Valuable Brands four years in a row.

The enterprise is mainly devoted to research and development, production and sales of Chinese patent medicine. By integrating production, sales and research, it has grown into a large-scale modern pharmaceutical enterprise with 16 subsidiaries and about 200 stores. The wholly-owned subsidiary Mudanjiang Youbo Pharmaceutical Co, Ltd, for instance, is a national high-tech enterprise, and "Youbo" has been certified by the State Administration for Industry & Commerce as a Famous Trademark of China. By the end of 2016, Jiuzhitang Co, Ltd had achieved a total asset value of 4.8 billion yuan ($758 million) and its net worth had reached 4.14 billion yuan. In the same year, it garnered a business income of 2.67 billion yuan and paid taxes of 421 million yuan.

As a national innovative pilot enterprise, Jiuzhitang Co, Ltd is a key discipline construction unit of the State Administration of TCM, owning many technology platforms including the National Enterprise Technical Center (TCM decoction pieces), Hunan TCM Prescription Test Center and Changsha's first academician expert workstation. Its subsidiary Youbo holds many patents among which the core technology system employed in the redevelopment of Shuxuetong Injection won the first prize in the 2015 Heilongjiang Technology Advancement Awards.

Jiuzhitang has invested nearly 700 million yuan to build the Jiuzhitang High-tech Industrial Park with domestically advanced TCM preparation techniques and equipment, an information platform of automatic production management and a high-tech logistics center meeting the GSP standard. The subsidiary Youbo invested 540 million yuan in the first phase to build a new production base that covers an area of 250,000 sq m and produces 200 million hydro-acupuncture needles annually. Having obtained the new GWP certificate in 2013, the new base has upgraded the company to a high-tech and efficient enterprise that protects the environment and saves energy. 

Website: http://www.hnjzt.com/ 

Tel: 0731-84499738, 84478998

E-mail: hnjzt@hnjzt.com

Fax: 0731-84499777

Address: No 339, Tongzipo West Road, Kaifu District, Changsha, Hunan province

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