- CEO
- Xiang Ping Xu
- Full Time Employees
- 3,674
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- Chaoti Center Changsha China 100026
- IPO Date
- Jun 28, 2000
- Business
- Jiuzhitang Co., Ltd. (000989.SZ) engages primarily in the research, development, production and sales of traditional Chinese medicines, chemical drugs, biological products and health supplements in China. The company offers a broad portfolio of over-the-counter (OTC) drugs including Liuwei Dihuang Pills, Xiaoyao Pills, Weizhi Huang Pills, Qiju Dihuang Pills, Ejiao series products, Kidney and Tooth Supplement, Spleen and Qi Pills, Hair Growth Pills, Nuhua Purple Pearl Tablets, Xiaojin Pills, Guizhi Poria Pills, Laryngitis Pills and Gastric Ulcer Healing Tablets; prescription drugs such as Shuxuetong Injection, Blood Relieving Injections, Angong Niuhuang Pills, Tianma Gongteng Granules, Compound Lipid-lowering Tablets, Hematology and Pain Relief Capsules and Astragalus Red Dan yellowing granules; and comprehensive health products encompassing precious drinks, substitute teas, pastes, special meals and high-end health supplements. It operates through subsidiaries like Mudanjiang Youbo Pharmaceutical Co., Ltd. and maintains over 500 chain stores, alongside ventures into stem cells, innovative drugs, internet hospitals and pharmaceutical chains, serving domestic markets with a focus on cardiovascular, dermatology, digestive, gynecologic, respiratory and urinary systems. Founded in 1999 with roots tracing to Laojiuzhitang Pharmacy in 1650 and headquartered in Changsha, Hunan province, the company functions as a national key high-tech enterprise, innovative pilot entity and national enterprise technology center. In recent developments, Jiuzhitang agrees to acquire a 35% stake in Harbin Jixianglong Biotechnology Co., Ltd. for CNY 210 million and subscribes for additional shares to secure controlling ownership of 51.6667%, bolstering its stem cell and regenerative medicine capabilities; meanwhile, Heilongjiang Chenneng Gongda Venture Capital Co., Ltd. completes acquisition of an additional 6.25% stake in Jiuzhitang, elevating its holding to 24.04% as of early 2025.