证券研究报告 | 公司深度报告 2025 年 06 月 13 日 太龙药业（600222.SH） 国资赋能+集采放量，中药 CRO 打开第二曲线 | 财务指标 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业收入（百万元） | 2,070 | 1,941 | 2,132 | 2,348 | 2,583 | | 增长率 yoy（%） | 5.6 | -6.2 | 9.8 | 10.1 | 10.0 | | 归母净利润（百万元） | 44 | 51 | 61 | 85 | 116 | | 增长率 yoy（%） | 160.3 | 16.0 | 21.5 | 38.4 | 36.5 | | ROE（%） | 2.8 | 3.3 | 3.9 | 5.0 | 6.4 | | EPS 最新摊薄（元） | 0.08 | 0.09 | 0.11 | 0.15 | 0.20 | | P/E（倍） | 80.9 | 69.7 | 57.4 | 41.5 | 30.4 | | P/B（倍） | 2.2 | 2.2 ...

广誉远中药股份有限公司 GuangYuYuan Chinese Herbal Medicine Co., Ltd. 会议资料 二〇二五年六月二十四日 中国·山西·太原 东大会会议资料 广誉远中药股份有限公司 2024 年年度股 目 录 十九、公司关于修订《广誉远中药股份有限公司担保管理办法（试行）》的议案 ..... 141 广誉远中药股份有限公司 2024 年年度股东大会会议资料 广誉远中药股份有限公司 为维护全体股东的合法权益，确保年度股东大会的正常秩序和议事效率，保证本次 股东大会的顺利召开，根据《公司法》、中国证监会《上市公司股东大会规则》 《公司章 程》和《股东大会议事规则》等规定，特制定如下会议须知： 一、出席本次现场股东大会的股东及股东代理人，应在会议开始前半小时到达会议 地点，携带相关证件办理会议登记手续，有序落座，会议开始后，登记终止，不接待迟 到人员。 二、会议安排有交流环节，股东要求发言时，须经会议主持人同意。股东不得随意 打断会议报告人的报告或其他股东的发言。 三、股东发言时，应首先报告姓名或代表的股东，为了保证会议效率，发言应简洁 明了，发言主题应与本次会议议题相关。 四、主持人有权 ...

6月12日，第二届"一带一路"科技交流大会举行闭幕式。本届大会以"共建创新之路、同促合作发展 ——携手构建'一带一路'科技创新共同体"为主题，聚焦政府间科技合作、科技人文交流、产业创新发 展等领域，举办38场专题活动，超过100个国家和国际组织的6000余名嘉宾共同分享成功经验、共享发 展机遇，取得了丰硕成果。 大会进一步增强了开放合作共识，与会嘉宾坦诚交流，分享智慧、凝聚共识，更加深刻认识到"一 带一路"倡议提出十多年来，共建国家大力实施科技创新行动计划，在科教、产业、人才等领域深化合 作交流，推动科技成果惠及各国人民，充分彰显了人类是相互依存的命运共同体理念。 大会进一步深化了科技交流合作，推动"一带一路"科技交流大会和科技部长会议机制化运行，成渝 地区"一带一路"科技合作"双千"计划、国际子午圈大科学计划全面启动，开展人工智能、中医药科技创 新专项行动，举办系列专题论坛、圆桌会议，推动成立空间信息、低碳技术等"一带一路"科技创新合作 联盟，举行双边部级会见30余场，签署双边政府间科技合作文件28项。国际科技合作的朋友圈更大、范 围更广。 大会进一步推动了产业技术对接，启动成渝地区"一带一路"国际技术转移 ...

当天上午门诊一结束就赶来为师生们开展咨询的上海市中医文献馆中医药创新研究室主任王海丽接受采 访时说，这两天走进校园发现，不少学生因为压力产生焦虑，进而导致睡眠问题。"我们会教他们用中 医的方法缓解焦虑、改善睡眠。"她说，除了熬夜、三餐不够规律等引发的健康问题，不少女生被痛经 困扰，大多数是宫寒痛经。这位中医专家介绍，中医认为，宫寒是胞宫受寒邪侵袭而导致的。女生不仅 在经期不宜吃寒凉的食物，还要避免身体受寒，比如，夏天在空调温度过低的环境中要注意保暖，避免 穿露腰露脐装等。 "方氏针灸"第四代传人薛金刚说，压力大、熬夜多、刷手机时间太长、缺少锻炼是学生们的现状。"如 果能少熬夜加以适当饮食调整，辅以适当体育锻炼，他们的身体状况是可以得到大幅改善的。"他给学 生们带来一套手指护眼操，通过用指尖扣压相关穴位，促进眼周气血运行，来缓解干眼、视疲劳等。这 位专家特别提到，希望学生们读书也好、看手机也好，不要斜躺着，这样对脊柱很不友好。 专家们对青年学生提出了希望。王海丽希望高校学生们首先要做到生活规律，而后了解一些中医知识， 用中医的思维在生活当中及时发现并纠正偏差，这样身体会更健康。薛金刚希望学生们防病保健要从年 轻 ...

Group 1 - The event "China-Africa Traditional Medicine Trade Cooperation" was held in Changsha, focusing on building a new ecosystem for collaborative development in traditional medicine between China and Africa [1] - Traditional Chinese medicine (TCM) has been shared with 196 countries and regions, gaining acceptance for its unique advantages in disease prevention, treatment, and rehabilitation [1] - China has signed memorandums of understanding for traditional medicine cooperation with 10 countries, including Algeria and Ghana, and established TCM centers in Zimbabwe, Comoros, Morocco, and Mauritius [1] Group 2 - The Chinese government emphasizes the importance of traditional medicine cooperation with Africa, integrating it into the agenda of the 2024 China-Africa Cooperation Forum [1] - The event is a significant step in implementing the outcomes of the China-Africa Cooperation Forum, aimed at enhancing traditional medicine collaboration [1] - Zimbabwe's Minister of Health expressed the desire to collaborate with Chinese enterprises and research institutions to improve the production capacity of traditional medicine in Zimbabwe [2]

柳丝垂金，白塔倒影，北海公园位于仿膳茶社前广场的"北岸吉市"游人如织，热闹非凡。 北京同仁堂科技发展股份有限公司（以下简称"同仁堂科技公司"）旗下文创香产品参与其中，为这场多 感官的文化体验再添意蕴悠长的缕缕药香。同仁堂科技公司相关负责人表示，此次参加展销活动，是打 造丰富多元文旅消费新场景的有益尝试。 据了解，同仁堂科技公司旗下文创香产品，立足"药香同源"理念，深度挖掘同仁堂古方、历代经典名 方，将制药的传统工艺和制香的非物质文化遗产相结合，目前拥有安平香、安康香、同仁香礼、苏合悦 馨、苏合悦馨 复方精油、四季合香、文创产品七大系列，一百余款产品，涵盖中式熏香、手串、挂 饰、香囊、精油香薰产品类型。 步入集市，同仁堂科技公司精心设计的摊位空间前，琳琅满目的文创香产品，吸引了众多游客驻足。闻 香而来的大家，纷纷拿起不同款式的香串试戴，精心挑选心仪的香品。 匠心承古韵，香引新国潮，置身古典园林御景，不管是延续经典的全药珠手串，还是瓷珠与古法合香珠 交织串联的饶玉冷香串，都颇为应景。"这个手串的香方，用的是同仁堂牛黄清心丸的方子，能够帮您 开窍安神；这个手串用的是同仁堂苏合香丸的方子，是芳香温通的。"听着工作人员 ...

Core Viewpoint - The integration of traditional Chinese medicine (TCM) culture into primary and secondary education in Sichuan Province is being actively promoted, with various schools implementing programs to enhance students' understanding and appreciation of TCM [1][2][3] Group 1: Implementation of TCM Education - The "14th Five-Year Plan" for the promotion of TCM culture aims to incorporate TCM into health education and traditional culture education in schools [1] - TCM courses are among the most popular elective subjects at schools like Longma Tan District Tianli Chunyu School, which has dedicated classrooms for TCM education [1] - Schools such as Chengdu Jinli Primary School integrate TCM into various subjects and regularly invite experts to teach students about acupuncture and preventive health [1] Group 2: Special Events and Activities - Special events, such as the Dragon Boat Festival, are utilized to educate students about TCM, with experts explaining the uses of herbs like mugwort and cyperus [2] - Interactive activities, such as "The TCM Adventure in the Museum," engage students in learning about acupuncture and TCM techniques [2] Group 3: Hands-on Experience and Engagement - Practical activities, such as making sachets and herbal preparations, are conducted to deepen students' understanding of TCM [3] - Schools encourage students to grow medicinal herbs, fostering a hands-on approach to learning about TCM [3] - The provincial TCM bureau reports that thousands of promotional activities related to TCM culture are held annually in schools across the province [3]

Core Insights - The rise of night markets in Nanjing is enhancing the city's nightlife and community engagement, featuring diverse offerings from food to traditional culture and wellness [1][4][6] - The integration of AI technology in traditional Chinese medicine is gaining traction, with smart diagnostic tools being utilized in numerous healthcare settings [2][7] - Community-driven initiatives like "燕子集" are fostering neighborly connections and stimulating local economies through regular events that blend culture, food, and social interaction [3][6] Group 1: Night Markets - Nanjing's night markets are becoming vibrant social hubs, attracting residents with a variety of food and cultural experiences [1][4] - The "星乐市集" in Jiangbei New District is designed as a "living room" for the community, catering to local residents and office workers with dining and entertainment options [5][6] - The popularity of these markets is contributing to the local economy and enhancing the sense of community among residents [6][7] Group 2: Traditional Chinese Medicine and Technology - The introduction of AI diagnostic tools, such as the intelligent pulse and tongue diagnosis devices, is revolutionizing traditional Chinese medicine practices [2][7] - These technologies are increasingly being adopted in hospitals and clinics, reflecting a growing interest in wellness among younger demographics [2][6] Group 3: Community Engagement - Events like "燕子集" are not just activities but serve as platforms for community governance and enhancing nighttime consumption [6][7] - The initiative aims to bring various cultural and culinary experiences directly to residents, fostering a sense of belonging and community spirit [3][6]

Core Insights - The company has successfully launched a new line of medicinal bread products, which has gained popularity among consumers, particularly young people, due to its convenience and health benefits [1][2]. Group 1: Product Development - The medicinal bread concept was inspired by the need for convenient health food options for busy young individuals experiencing sub-health symptoms [1]. - The development process involved extensive experimentation with traditional Chinese medicine ingredients, referencing classic texts such as "Jin Kui Yao Lue" and "Ben Cao Gang Mu" to select appropriate herbs [1]. - The first batch of medicinal bread included ingredients like Codonopsis, Poria, and Angelica, which have been well-received in the market [2]. Group 2: Market Response - The medicinal bread has gained significant traction in Yangzhou, appealing especially to the younger demographic [2]. - The company has expanded its product offerings to include medicinal mung bean cakes, vitality teas, and light meals, all of which are in high demand [2]. Group 3: Cultural Impact - The initiative aims to increase public acceptance of medicinal foods and promote awareness of traditional Chinese medicine culture [3].

Core Viewpoint - Vikon Pharmaceutical has been recognized for its innovative patent in traditional Chinese medicine, showcasing its technological strength and market potential in the healthcare industry [4]. Group 1: Patent and Recognition - Vikon Pharmaceutical's patent for "a sustained-release heat-resistant pill matrix and the silver-yellow pill containing this matrix" won the "25th China Patent Excellent Award," indicating national-level recognition of the company's technological capabilities in modernizing traditional Chinese medicine [4]. - The core product, Silver Yellow Pill, has demonstrated significant advantages in treating acute and chronic throat inflammation, tonsillitis, and upper respiratory infections, leading to its recognition in various industry awards [2][4]. Group 2: Research and Development - The company has established multiple research platforms, including provincial high-tech enterprise R&D centers and expert workstations, enhancing its competitiveness in pharmaceutical research and development [2]. - The completion of Phase II clinical trials for Silver Yellow Pill targeting recurrent oral ulcers indicates ongoing efforts to expand its application scenarios, potentially driving future market growth [2]. Group 3: Market Strategy and Growth - Vikon Pharmaceutical is leveraging the advantages of its production location in Longquan, known for its "Chinese Ganoderma first town," to create a pollution-free and additive-free product line, enhancing its market appeal [3]. - The application of low-temperature physical ultra-micro wall-breaking technology has improved the bioavailability of its Ganoderma spore powder products, contributing to a competitive edge in the market [3]. - The company is actively engaging with capital markets, as evidenced by a recent visit from a securities firm, indicating potential for further collaboration in capital operations and industrial upgrades [3].