- Business
- Sinopharm Tech Holdings Limited Sinopharm Tech Holdings Limited (8156.HK) is an investment holding company engaged in internet plus solution services, supply chain management and pharmaceutical distribution primarily in China and Hong Kong. The company provides lottery-related hardware and software systems; internet plus solution services including supply chain management, data analysis, logistics, drug traceability leveraging AI and big data; distribution of Chinese patent medicines and health products through a PRC subsidiary; and one-stop product supply chain services via platform operators in Mainland China. It serves sectors such as healthcare, government affairs, public security and big health industries with target customers including healthcare providers, product suppliers and platform operators. Founded in 1999 and headquartered in Central, Hong Kong, the company, formerly known as China Vanguard You Champion Holdings Limited, changed its name in June 2019 and listed on the GEM board of The Stock Exchange of Hong Kong Limited in November 2002. In recent developments, the group established a PRC subsidiary to expand distribution of Chinese patent medicines and health products, providing new revenue streams; continued stable growth in Internet Plus supply chain services while discussing value-added service cooperations with industry operators and suppliers; and exited the personal protective equipment manufacturing and distribution business to reallocate resources toward healthcare supply chain investments following reduced pandemic-related demand.