WANNIANQING(SZ:000789) Zhong Guo Zheng Quan Bao·2025-08-20 22:13Core Viewpoint - Guangdong Wannianqing Pharmaceutical Co., Ltd. is transforming from a traditional Chinese medicine enterprise into a comprehensive health group by integrating medicine, health food, and medical services, leveraging its long history and technological innovation [1][7]. Group 1: Company Overview - Guangdong Wannianqing has over 130 years of history and has recently acquired upstream enterprises to enter the health food sector, creating a one-stop health management platform [1]. - The company has been recognized as a "Chinese Time-honored Brand" by the Ministry of Commerce in 2024, highlighting its craftsmanship and quality in the traditional Chinese medicine market [2]. - Currently, the company holds 101 drug approvals, including 32 original products and 38 products listed in the national medical insurance directory [2]. Group 2: Innovation and Technology - The company is focusing on modernizing traditional Chinese medicine through technological innovation, employing techniques such as vacuum low-temperature technology and ultra-fine pulverization to enhance production efficiency and product quality [4][5]. - A dual-driven model of "independent research and cooperative research" is being implemented to foster innovation in drug development, particularly in areas like gallbladder, diabetes, and cardiovascular diseases [5][6]. Group 3: Market Expansion and Ecosystem - Guangdong Wannianqing is building a comprehensive health ecosystem that integrates pharmaceutical manufacturing, healthcare, and health consumer products, aiming for a closed-loop system from cultivation to sales [7][8]. - The company has plans to develop health food products based on the "medicinal food homology" concept and is focusing on expanding its overseas market presence, particularly in Southeast Asia [8].