Type | Public | ||||||
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SSE: 600664 | |||||||
Industry | Pharmaceuticals | ||||||
Predecessor | Harbin Pharmaceutical Administration | ||||||
Founded | 1988 | ||||||
Headquarters | , China | ||||||
Area served | Worldwide | ||||||
Owner |
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Number of employees | 20,100 (2014) | ||||||
Subsidiaries |
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Chinese name | |||||||
Simplified Chinese | 哈药集团有限公司 | ||||||
Traditional Chinese | 哈藥集團有限公司 | ||||||
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Shortened name | |||||||
Simplified Chinese | 哈药集团 | ||||||
Traditional Chinese | 哈藥集團 | ||||||
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Website | hayao | ||||||
Footnotes /references [1] |
Harbin Pharmaceutical Group Co.,Ltd. (shortened to HPGC or Hayao) is a Chinese partially state-owned company engaged in the research &development,manufacture,and sale of pharmaceutical products. [2] [3] [4] HPGC medication offerings include traditional Chinese medicine (TCM) and biopharmaceuticals;its main offerings include antibiotics,including amoxicillin and penicillin,and dietary supplements,including zinc gluconate and calcium gluconate. [5]
The company owns both Renmintongtai (人民同泰),a drugstore chain and medical wholesaler for the domestic market,and GNC,a U.S.-based international retailer of supplements and wellness products.
In 2007,HPGC obtained approximately 73% and 14% of its total revenue from the sale of Western medicines and TCM preparations,respectively.[ citation needed ]
In February 2018,HPGC announced its intentions to purchase a 40% stake in GNC Holdings,Inc. for US$ 300 million,following GNC's filing for Chapter 11 bankruptcy. In September 2020,it wholly acquired the company for US$770 million. [6] [7]
HPGC manufactures and distributes products for GNC China (known as 健安喜;Jiàn'ānxǐ) under a joint venture,GNC (Shanghai) Food Technology Co.,Ltd,formed in February 2019. [8]
In February 2022,HPGC was stripped of its National Enterprise Technology Center status,a state designation for enterprises identified as capable of extraordinary technology innovation,by the National Development and Reform Commission after failing to meet the previous year's qualification requirements. [9]
The Harbin Institute of Technology is a public research university in China. It is a member of China's elite C9 League and University Alliance of the Silk Road. HIT is a Chinese Ministry of Education Class A Double First Class University. It has three campuses,spanning the country from north to south:the Harbin campus in Heilongjiang Province,the Weihai campus in Shandong Province and the Shenzhen campus in Guangdong Province. HIT is known as the 'MIT of China' due to its dominant reputation in science &engineering research within China.
Ajinomoto Co.,Inc. is a Japanese multinational food and biotechnology corporation which produces seasonings,interlayer insulating materials for semiconductor packages for use in personal computers,cooking oils,frozen foods,beverages,sweeteners,amino acids,and pharmaceuticals. Aji-No-Moto is the trade name for the company's original monosodium glutamate (MSG) product,the first of its kind,since 1909. The corporation's head office is located in Chūō,Tokyo. As of 2022,Ajinomoto operates in 36 countries and employs an estimated 34,198 people. Its yearly revenue in 2022 is around ¥1.36 trillion JPY or $10 billion USD.
Warburg Pincus LLC is a global private equity firm,headquartered in New York City,with offices in the United States,Europe,Brazil,China,Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over $80 billion in assets under management and invests in a range of sectors including retail,industrial manufacturing,energy,financial services,health care,technology,media,and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries.
GNC Holdings,LLC is a retail company based in Pittsburgh,Pennsylvania. It specializes in health and nutrition related products,including vitamins,supplements,minerals,herbs,sports nutrition,diet,and energy products.
Ecolab Inc. is an American corporation headquartered in Saint Paul,Minnesota. It develops and offers services,technology and systems that specialize in treatment,purification,cleaning and hygiene of water in a wide variety of applications. It helps organizations,both in private as well as public markets,treat their water for drinking use and for use in food,healthcare,hospitality-related safety and industry. Founded as Economics Laboratory in 1923 by Merritt J. Osborn,it was eventually renamed "Ecolab" in 1986.
The China Aerospace Science and Technology Corporation,or CASC,is the main contractor for the Chinese space program. It is state-owned and has subsidiaries which design,develop and manufacture a range of spacecraft,launch vehicles,strategic and tactical missile systems,and ground equipment. It was officially established in July 1999 as part of a Chinese government reform drive,having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956.
The pharmaceutical industry is one of the leading industries in the People's Republic of China,covering synthetic chemicals and drugs,prepared Chinese medicines,medical devices,apparatus and instruments,hygiene materials,packing materials,and pharmaceutical machinery. China has the second-largest pharmaceutical market in the world as of 2017 which is worth US$110 billion. China accounts for 20% of the world's population but only a small fraction of the global drug market. China's changing health-care environment is designed to extend basic health insurance to a larger portion of the population and give individuals greater access to products and services. Following the period of change,the pharmaceutical industry is expected to continue its expansion.
Chang'an Automobile Co.,Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei,Chongqing. Founded in 1862,it is China's oldest automobile maker. It is currently the smallest of the "Big Four" state-owned car manufacturers of China,namely:SAIC Motor,FAW Group,Dongfeng Motor Corporation,and Changan Automobile,with car sales of 5.37 million,3.50 million,3.28 million and 2.30 million in 2021 respectively.
China FAW Group Corp.,Ltd. is a Chinese state-owned automobile manufacturer headquartered in Changchun,Jilin. Founded the 15th July 1953,it is currently the second largest of the "Big Four" state-owned car manufacturers of China,together with SAIC Motor,Dongfeng Motor Corporation and Changan Automobile.
CMOC or CMOC Group Limited,previously known as China Molybdenum Company Limited,is the largest molybdenum producer in Mainland China and among the world's largest companies in the field. It is listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange.
EPAM Systems,Inc. is an American company that specializes in software engineering services,digital platform engineering,and digital product design,operating out of Newtown,Pennsylvania. EPAM is a founding member of the MACH Alliance.
China Nepstar Chain Drugstore Ltd.,which conducts business as China Nepstar,is China's largest retail drugstore chain,based on the number of directly operated stores. It is headquartered in Nanshan District,Shenzhen.
Olainfarm AS is a Latvian leading manufacturer in the chemical and pharmaceutical sector of the Baltic States.
Shanghai Yuyuan Tourist Mart Co.,Ltd. is the largest retailing conglomerate in China.
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan,Hubei. Founded in 1969,it is currently the third largest of the "Big Four" state-owned car manufacturers of China,namely:SAIC Motor,FAW Group,Dongfeng Motor Corporation,and Changan Automobile,with car sales of 5.37 million,3.50 million,3.28 million and 2.30 million in 2021 respectively.
Link Motion Inc,formerly NetQin and NQ Mobile,is a multinational technology company that develops,licenses,supports and sells software and services that focus on the smart ride business. Link Motion sells carputers for car businesses,consumer ride sharing services,as well as legacy mobile security,productivity and other related applications. Link Motion maintains dual headquarters in Dallas,Texas,United States and Beijing,China. A Court Receiver,lawyer Robert Seiden,was appointed over Link Motion in February 2019 in the United States in the federal district court in the Southern District of New York by Judge Victor Marrero. The Receiver removed Wenyong “Vincent”Shi as chairman and chief executive officer,and replaced him by appointing Mr. Lilin “Francis”Guo.
Hangzhou Hikvision Digital Technology Co.,Ltd.,often shortened to Hikvision,is a Chinese state-owned manufacturer and supplier of video surveillance equipment for civilian and military purposes,headquartered in Hangzhou,Zhejiang. Due to its involvement in mass surveillance of Uyghurs,the Xinjiang internment camps,and national security concerns,the company has been placed under sanctions from the U.S. and European governments.
Kandi Technologies Group,Inc. is a Chinese battery and electric vehicle manufacturer. Kandi is listed on the NASDAQ stock exchange with ticker KNDI. It was founded in 2002 in Jinhua,Zhejiang by Hu Xiaoming.
Shanghai Fosun Pharmaceutical (Group) Co.,Ltd. is a Chinese pharmaceutical company. It is mostly owned by Fosun International.
Tsinghua Unigroup Co.,Ltd. is a shareholding group that oversees a diverse portfolio of more than 200 subsidiaries. It's subsidiaries operate in various sectors including semiconductors,information and communication technologies,finance and insurance,education,and real estate investment and development.