China Resources Double-Crane Pharmaceutical Co., Ltd. has a glorious history of 83 years. Founded in 1939, it originated as a military pharmaceutical factory in the Taihang Mountains revolutionary base area, known externally as Lihua Pharmaceutical Factory. In 1949, it moved to Beijing with the army and was later renamed Beijing Pharmaceutical Factory, developing into a large state-owned comprehensive chemical preparation enterprise and laying the foundation for Beijing's modern chemical pharmaceutical industry. In 1997, it was listed on the Shanghai Stock Exchange and through outward expansion became a cross-regional group based in Beijing and radiating across the country. In 2010, it joined China Resources Group, a Fortune Global 500 company, and is now one of the business units in China Resources Group's healthcare sector. The Chronic Disease Business Unit of China Resources Double-Crane is one of the largest business units of China Resources Double-Crane Pharmaceutical, and Beijing Saike Changsheng Pharmaceutical Co., Ltd. is the legal entity of the Chronic Disease Business Unit of China Resources Double-Crane.
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