- Business
- Xiangxue Pharmaceutical Co., Ltd. (300147.SZ) develops, manufactures, and distributes pharmaceutical products with a focus on modern traditional Chinese medicines in China. The company offers proprietary Chinese medicines and Chinese medicine tablets; chemicals and small quantities of Western medicines; medical devices including Baiyun medical glue and Gaoxun medical catheters; functional health products and healthcare supplements such as antivirotic oral liquids under the Xiangxue brand; pharmaceutical distribution services; and innovative biopharmaceuticals featuring high-affinity T-cell receptor (TCR) cell therapies for tumors. Founded in 1997 and headquartered at No. 2 Jinfengyuan Road, Guangzhou Economic and Technological Development Zone, China, Xiangxue operates primarily in the domestic market as a national high-tech enterprise specializing in traditional Chinese medicine modernization, biomedical engineering, and life sciences research. Recent developments include pre-reorganization approval by the Guangzhou Intermediate Court with appointment of a temporary administrator; progression of TCR-T therapies through subsidiary Xiangxue Life Sciences, including visits from partners like Leman Biotech; and involvement in 2024 events such as teacher support programs, back-to-school initiatives with pharmacies, and basketball league sponsorships to bolster brand health initiatives.