Guobang Pharmaceutical Group Co, Ltd. (hereinafter referred to as GBG) is a global, diversified pharmaceutical manufacturer with significant supply chain advantages and a complete industrial platform. It is an important part of the global pharmaceutical manufacturing supply chain and one of China's top 100 pharmaceutical enterprises. GBG is primarily engaged in the R&D, production and sale of products in the pharmaceutical and veterinary fields. Our pharmaceutical division covers active pharmaceutical ingredients and key pharmaceutical intermediates and preparations. Our veterinary division covers active pharmaceutical ingredients, additives and preparations of animal health products.
Our principle is that science and technology should serve life, economic interests and social welfare in a unified manner. Following the development of the pharmaceutical industry, we have developed a One System, Two Platforms system with comprehensive advantages through long-term, steady development. With the advantages of our platform, our emphasis on innovation and a lean management system, we have significant advantages of scale in the international and Chinese markets, with good synergistic effects on sales. GBG has a global marketing network and our products are sold to more than 110 countries and regions worldwide, covering a total population of 6.5 billion people.
Our industrial bases are located in the Xinchang Provincial High-tech Industrial Park and the Hangzhou Bay Shangyu Economic and Technological Development Zone in Zhejiang Province, and the Weifang Binhai Economic and Technological Development Area in Shandong Province. Our subsidiaries include Zhejiang Guobang Pharmaceutical, Shandong Guobang Pharmaceutical, Zhejiang Dongyun Pharmaceutical, Xinchang Hebao Biotechnology, Zhejiang Zhongtong Pharmaceutical, Zhejiang Zhongtong Technology, Zhejiang Guobang Modern Pharmaceutical, Hangzhou Guobang Enterprise Management, Xinchang Guobang Import and Export and Hangzhou Yipan Import and Export, with a total of 2,800 employees and covering more than 150 hectares of land for production and operational use.
GBG's has been named a Top 100 Chinese Pharmaceutical Enterprise in Overall Strength, an ACFIC Medical and Pharmaceutical Commercial Association Top 100 Chinese Pharmaceutical Enterprise, a CCCMHPIE International Market Quality Supplier and Partner and a CCCMHPIE Top 10 Exporter of Western Medicine APIs, among other awards and honors.