Core Insights - Guangzhou Pharmaceutical Holdings Limited has established a new subsidiary, Guangyao Yunshan Molecular Technology (Guangzhou) Co., Ltd, with a registered capital of 500 million RMB [1] Company Overview - The legal representative of the new company is Kong Jian [1] - The company is wholly owned by Baiyunshan (600332) [1] Business Scope - The business activities include medical research and experimental development, technical services, technical development, technical consulting, technical communication, technology transfer, and technology promotion [1] - The company will also engage in investment activities using its own funds, sales of Class II medical devices, internet sales of food, and food sales [1]