Hunan Hengchang Pharmaceutical Group

Founded in 2015, Hengchang Pharmaceutical Group is deeply rooted in the pharmaceutical industry. With the mission of "making 1.4 billion Chinese people not spend one extra cent on health products," it is committed to building an integrated service platform for the big health industry. Its business covers pharmaceutical distribution through centralized procurement and direct supply of private-label products, pharmaceutical R&D and production with approximately 300 drug approval numbers, including about 60 exclusive and distinctive approval numbers, and pharmaceutical retail with more than 600 directly operated and franchised pharmacies. The Group pioneered the "private label, direct supply and exclusive sales" model. At present, it has joined hands with 600 top 100 and high-quality industrial partners, using the B2B internet platform model to eliminate layers of markups in pharmaceutical distribution and supply more than 3,000 private-label products with extreme cost-effectiveness to over 200,000 member terminals nationwide, becoming a strong backing for the continued operations of its members, helping small and medium-sized pharmaceutical terminals build core competitiveness, and providing consumers with high-quality affordable pharmaceutical products and sincere, benevolent health services. With front stores and back factories and brand specialty stores, through the establishment of Jiangyou Pharmaceutical and strategic collaboration with Guhan Pharmaceutical and others, it has formed a full-industry-chain layout integrating R&D, production, distribution, and retail.
Under the leadership of the Group's founder and Chairman Jiang Jin, after nearly eleven years of development, the Group's annual sales are approximately 4 billion yuan, annual tax payments exceed 300 million yuan, and it has four major logistics bases capable of handling an annual shipment volume of over 7.5 billion yuan. It has become one of the top 100 private enterprises in Sanxiang and a key enterprise in Hunan Province's biopharmaceutical industry.