- Business
- Tong Ren Tang Technologies Co. Ltd. (1666.HK) manufactures and sells traditional Chinese medicine products in Mainland China and Hong Kong. The company, founded in 1669 and headquartered in Beijing, operates through segments including the Company, Tong Ren Tang Chinese Medicine, and Others; it develops, cultivates, processes, and purchases Chinese medicinal raw materials; retails and wholesales Chinese medicine products and healthcare products; and produces ointments, healthcare products, tea drinks, food, foot care products, biological products, western medicine, cosmetics, granules, pills, decoction pieces, Chinese herbal remedies, health supplements, and topical medicines. It also provides medical research and development, advertisement, Chinese medical consultations and treatments, internal and external surgery, medical examinations, traditional Chinese medicine department and hospital management activities, biochemical product processing, plant extraction and processing, and medical services. In addition, the company engages in technological development and sale of biological products, Chinese and Western medicines, cosmetics, and healthcare products. Recent developments include entering into a supplemental trademark framework agreement with Tong Ren Tang Holdings on November 28, 2025, revising the scope of subsidiaries subject to licence fees and annual caps under the current trademark licence agreement for the years ending 2026 and 2027; renewing its Land Use Right Leasing Agreement with Tong Ren Tang Holdings; and in January 2024, entering an equity transfer agreement with Beijing Tong Ren Tang Healthcare Investment Co., Ltd. The company employs approximately 3,991 people and focuses on the healthcare sector, particularly drug manufacturing-general, with a subsidiary relationship to Beijing Tong Ren Tang Chinese Medicine (Hong Kong) Group Co. Ltd.