SINOPHARM Group: Our group, SINOPHARM Traditional Chinese Medicine, and the Chinese Medicinal Materials Co., Ltd. have no equity or control relationship with each other

Zhitong
2025.10.17 10:13

Sinopharm Group stated that its subsidiary, China Traditional Chinese Medicine Co., Ltd., has publicly listed the transfer of 25% of its shares in Sinopharm Medicinal Materials Co., Ltd. through the Beijing Equity Exchange. After the completion of the share transfer, Sinopharm Traditional Chinese Medicine will no longer hold any shares in Medicinal Materials Co., Ltd., and there is no equity or control relationship between our group, Sinopharm Traditional Chinese Medicine, and Medicinal Materials Co., Ltd. Medicinal Materials Co., Ltd. and its affiliated enterprises have repeatedly and unauthorizedly used the "Sinopharm Group" related name, trademarks, and franchise rights without authorization, which constitutes serious infringement. Legal proceedings have been initiated to firmly pursue their responsibility

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