Shanghai Traditional Chinese Medicine Seeks To Sustained Future Growth In A Multi-pronged - On Drugs
Investors on how to look for on-site medical Shanghai A share market as currently the largest pharmaceutical market valuation of blue-chip issues, Lui Ming Fang believes that large pharmaceutical companies in the bigger and stronger overseas, an important step in the process of mergers and acquisitions also depend on achieved, as China's medical reform policies to form the progressive implementation of the new layout of the pharmaceutical market, and pharmaceutical companies within the process of further deepening of the market, so China will appear the next five years with the market influence of large pharmaceutical companies, " New on the drug "should be angry. He further said that the Shanghai Traditional Chinese Medicine with the whole industrial chain business model built as the main carrier of the core competitiveness of enterprises will fully reflect the company's investment value, then the market will naturally give the "new medicine on" to reflect a reasonable estimate of its real value value. Kuo-Hsiung Shu, general manager of Shanghai Traditional Chinese Medicine
added, the value of Shanghai Pharmaceutical in fact has caused concern about the capital market, now the company has some 826 million shares outstanding were held by various agencies the number of close to 50%, most of them "new on the drug," after landing the new coming.
Answer institutional investors in the prospects for the future development of Shanghai Traditional Chinese Medicine, the Ruling by saying, "in 2010 as the 'new medicine on' after the birth of the first full year of operation, we will strengthen the management and control model, fully integrated internal resources, through 12 quarter of the marketing revolution, 34-quarter R & D restructuring, and mergers and acquisitions during the targeted initiatives such as making the company a step further business performance. "Ruling by specific about some details in this regard, as last month, a new "Management Committee", by the company management and the surface of the trunk subordinate nine manufacturing companies, as well as distribution companies and 17 individuals, Academia Sinica, etc., once a month at least focused, in consultation with R & D, manufacturing and marketing all kinds of problems ; to "National Chan Xueyan technology alliance building" for the opportunity to further consolidate the current three-level R & D systems and to build and improve the level of a number of leading drug development platform technology.
Ruling by stress, we have revised the company is working on a new three-year rolling development plan, including improving the business framework of Shanghai Traditional Chinese Medicine, the pharmaceutical industry and pharmaceutical companies to promote commercial development of multi-level coordination to achieve business objectives for each year, Shanghai Traditional Chinese Medicine that the next three years to achieve R & D in the main business of manufacturing and distribution to the retail industry, "March 7 to open", and in the profit on the realization of the two "back on March 7 to open", and ultimately the company main business profits targets and maintain continuous growth trend. This revealed three
Kuo-Hsiung Shu information, the Shanghai Traditional Chinese Medicine in the coming year will be over 100 million yuan annual output value of new varieties of appearance of new, large variety and focus on variety in the products will have a larger proportion of sales amount of improve the existing gross margin of 70 key species will increase 12 percentage points.
by: gaga
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Shanghai Traditional Chinese Medicine Seeks To Sustained Future Growth In A Multi-pronged - On Drugs Amsterdam