Kangmei Times (Guangdong) Development Co., Ltd. ("Kangmei Times") is a wholly-owned subsidiary of Kangmei Pharmaceutical Co., Ltd. Established in 2014, its headquarters is located in the core business district of Guangzhou - Zhujiang New Town. Kangmei Pharmaceutical Co., Ltd. (600518), founded in 1997 and listed on the Shanghai Stock Exchange in 2001, is a leading enterprise in the traditional Chinese medicine (TCM) industry covering the entire industrial chain, and is also an enterprise that participated in the formulation of the grading and classification standards for Chinese medicinal materials by the Ministry of Commerce of China. After introducing state-owned capital and strong industrial investors in 2021, it became an enterprise actually controlled by Guangdong Shennongshi Enterprise Management Partnership. Guangdong Shennongshi is jointly composed of state-controlled enterprises such as Guangyao Group, Yuecai Industrial Investment Fund, Hengjian Asset, and Jieyang Jinye. As a wholly-owned subsidiary of Kangmei Pharmaceutical, Kangmei Times has always adhered to inheriting the "TCM health preservation culture" since its establishment in 2014, adopting the product concept of "original, original formula, original principle", and has built a product system with the core advantageous raw materials of China's "Nine Immortal Herbs", covering six major categories: nutritional health foods, beauty skincare products, personal care products, household cleaning and care products, household health products, and Class II medical devices, providing comprehensive solutions for customers' health and beauty needs. At the same time, guided by the core values of "sincerity, service, professionalism, and innovation", it continuously upgrades service quality, manages health with heart, and truly holds the health of ordinary people in the palm of its hand. To pursue more excellent customer service, provide customers with all-round health services and product experiences, and let more people benefit from health, Kangmei Times continuously innovates its business model and service system to achieve steady and rapid market development. In 2014, Kangmei Times actively embraced "Internet +", relying on Kangmei Pharmaceutical's TCM full industrial chain and leveraging omni-channel marketing advantages. In the wave of "Internet +", it took the lead in launching the Kangmei Yichuang O2O model, breaking through traditional business models, achieving cross-border innovation, and truly realizing the business model of "one investment, diversified operations, and multiple returns", creating a "Kangmei Speed" that amazed the industry. In 2017, Kangmei Times innovated its service system again by creating an offline experience + online service model, forming a fully closed-loop, full-lifecycle health management service system, bringing accessible health experiences to more Chinese families. In 2018, Kangmei Times launched the Kangmei Health Management Center and officially initiated the "Thousand Cities, Ten Thousand Stores" plan nationwide, allowing the public to enjoy five-star health management at a price of '*China'. In 2022, Kangmei Times integrated resources from multiple channels, carried out an integrated online and offline operation model, and built a unique new retail e-commerce business ecosystem. Over the past eight years, the company has continuously won the trust of consumers, market recognition, and industry affirmation thanks to its strong strength, solid foundation, rapid growth, stable operations, good reputation, high-quality products, and innovative spirit of daring to break through. In terms of products, it has won awards such as "Public *Favorite Product", "Product Brand Achievement Award", "Product Innovation Award", and "Consumer Favorite Product Award"; in the industry, it has won awards such as "New Era Characteristic Entrepreneurship Platform", "Corporate Social Responsibility Model Award", "**Social Responsibility Enterprise", and "Asia-Pacific Sustainable Development Enterprise". As a company with warmth and a strong sense of responsibility, Kangmei Times has always adhered to the core value of "Caring for all beings, boundless love", maximizing the value and guarantee strength of public welfare project funds, and providing stronger protection for the healthy growth of orphaned and poor children. The large-scale public welfare activity launched on March 26, 2016 - "Qinghe Action" - focuses on orphaned and poor children, providing 12 major disease insurance for such children nationwide! Since its launch, Kangmei has visited dozens of cities across the country, cumulatively invested 3.19 million yuan in donations, brought health protection to nearly 60,000 orphaned and poor children, and has become a public welfare model in the TCM health industry! Looking to the future, Kangmei Times will fully leverage the TCM full industrial chain resource advantages of Kangmei Pharmaceutical, earnestly implement the strategic positioning of "New Kangmei, Healthy Beauty", respond to the national strategy of the "Healthy China 2030 Plan", firmly adhere to the corporate mission of "Healthy World, Harmonious Myriad Families", promote TCM health preservation culture, become a pioneer in healthy lifestyles, allow more ordinary people to enjoy TCM services covering the full lifecycle, provide a diversified, stable and long-lasting entrepreneurial platform for all ordinary people with dreams, strive to become a national enterprise benchmark with Chinese medicinal materials as the core advantage, and make positive contributions to China's health cause!
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