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    The Company Will Take Part In The Business.

    2010/12/14 16:58:00 57

    Kang And Bei Share Company Zuoli Pharmaceutical Industry

    In the evening of December 14th,

    Kang Bei

    (600572.SH) announcement that the company currently holds 26% of Zhejiang

    Zuoli pharmaceutical industry

    Limited by Share Ltd (hereinafter referred to as Zuoli pharmaceutical) GEM was first approved.

    According to the prospectus of Zuoli Pharmaceutical (Draft), Zuoli pharmaceutical intends to issue 20 million shares, accounting for 25% of the total share capital issued.

    As its second largest shareholder, its holdings will be reduced from 26% before the issue to 19.5% after the issuance.


    Zuoli pharmaceutical is mainly engaged in medicinal fungus Wuling ginseng.

    Chinese medicine products

    The production has two kinds of new drugs: Wuling capsule and ulin powder.

    The initial public offering funds include the construction of Wuling capsule, the technical pformation and expansion of Wuling powder, and the laying of marketing network.

    CIC securities research reported that as the first brand of antidepressants in China, the sales of Wuling Capsules in Zuli pharmaceutical company reached 192 million yuan in 2009, and the gross profit rate exceeded 88%.

    In the future, with its outstanding efficacy and innovative technological advantages, there will be no doubt about its broad prospects for growth.

    It is estimated that in the next 3 years, the net profit growth of Zuoli pharmaceutical will be at least 50%.

    Donghai securities research reported that in 2011, the net profit of Zuoli pharmaceutical reached 62 million 500 thousand yuan and its market value reached 2 billion 500 million yuan, and its investment income would increase by 650 million yuan, equivalent to 1.85 yuan per share.


    Kang Bei Bei is the first batch of shareholding reform enterprises in Zhejiang province. Since 1997, it has been focused on the production and R & D of drugs. In 2004, it was listed on the Shanghai Stock Exchange successfully.

    At present, the controlling shareholder of the company is Kang Bei Bei Group Limited.

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