Greenland strategically reorganizes m88 casino medicinal materials to improve the health care industry chain and strengthen resource advantages

Practice the "Healthy China 2030 Strategy" and debut the first single mixed reform of the health m88 casino

Vice Governor of m88 casino Province Tao Changhai witnessed the signing

May 27，Greenland Group and m88 casino Qiansheng State-owned Assets Management Co., Ltd. (referred to as "m88 casino Qiansheng"，m88 casino Provincial State-owned Assets Platform) signed a strategic reorganization agreement for m88 casino Medicinal Materials Co., Ltd. (referred to as "m88 casino Medicinal Materials")，Greenland achieved control of m88 casino medicinal materials through a combination of "equity acquisition + capital increase and share expansion"，Greenland holds 70% shares、m88 casino Qian Sheng holds 30% shares。Next step，Greenland will copy the "greenbelt mixed reform" model，Transfer part of the equity to m88 casino medicinal materials management team and core employees，Achieved by Greenland Group、m88 casino Qiansheng、Three-dimensional structure in which the management team and core employees jointly hold shares。Vice Governor of m88 casino Province Tao Changhai，Wan Huidong, Deputy Secretary-General of the Provincial Government，Secretary of the Party Committee of the Provincial State-owned Assets Supervision and Administration Commission、Director Wang Yong，Ao Hong, Deputy Director of the Provincial Department of Industry and Information Technology，And Chairman of Greenland Group、President Zhang Yuliang，Party Secretary、Executive President Mao Juncai，Secretary of the Party Committee of Qian Sheng State-owned Assets Company、Chairman Jiang Chuan attended the signing ceremony。

Through this mixed-ownership reform and reorganization，Greenland and m88 casino Qiansheng focus on integrating resources for “big health”，Organically combined traditional Chinese medicine、Travel and vacation and other special industries，Work together to create new investment in the traditional Chinese medicinal materials industry in m88 casino Province、Management platform and leading enterprises。Chairman of Greenland Group、President Zhang Yuliang pointed out，Participate in the mixed-use reform of m88 casino medicinal materials，It is the first order of "green land mixed-use reform" in the field of health care，Also after m88 casino Construction Engineering，Participated in the reform of state-owned assets and state-owned enterprises in m88 casino Province again。Greenland health and wellness industry has achieved layout in the field of key health resources，Build resource advantages，Improving the big health industry chain，Strengthen core competitiveness。

m88 casino medicinal materials will realize the cultivation of authentic Chinese medicinal materials in the future、Initial processing of origin、Preparation of slices、Extraction of active ingredients、Pharmaceutical manufacturing、Full industry chain layout of health care products and beverage development，Become an industry leader，Create Greenland’s unique traditional Chinese medicine health service brand IP，Becoming one of the important supports for greenland’s characteristic health care industry。Strive to develop through three years，m88 casino medicinal materials achieve operating income of 1.6 billion yuan，Profit 2.400 million yuan，Will also be exported by brand、Light asset and other methods，Promote m88 casino’s medical industry、Elderly Care Industry、The health management industry is developing rapidly。

m88 casino Medicinal Materials and m88 casino Pharmaceutical Company are both secondary subsidiaries of m88 casino Qiansheng，For "a team、Two brands” operation，Two companies are undergoing mixed ownership reform at the same time。m88 casino Pharmaceutical Company has passed the divestiture of non-main business assets，All transferred to the name of m88 casino Medicinal Materials，Became a wholly-owned subsidiary of m88 casino Medicinal Materials。m88 casino Medicinal Materials was established in 1994，The main business is the circulation of Chinese medicinal materials，is the backend of the Chinese herbal medicine industry chain。m88 casino Pharmaceutical was established in 2017，The main business is the breeding of Chinese herbal medicine seedlings、Planting、R&D、Processing、Purchase and storage, etc.，In the Chinese herbal medicine industry chain、Front end，Has invested in the construction of two Chinese herbal medicine bases in m88 casino Province。

Future，m88 casino medicinal materials will be included in the Greenland Health Care Industry Group system，Make full use of the industrial synergy and capital advantages of Greenland’s “Real Estate+”，Achieve new development: the traditional Chinese medicine sector will cooperate with Greenland’s comprehensive medical institutions、Comprehensive collaboration of mid- to high-end retirement communities，Enriching Greenland Medical and Healthcare Industry Resources、Improving the industrial chain，Building a new medical and elderly care industry platform；Use modern scientific and technological means to help m88 casino medicinal materials develop into a comprehensive technology、R&D、Nursing seedlings、Planting、Processing、Training、Health care、A modern pharmaceutical enterprise integrating distribution；Layout the country’s “wellness homes” with green spaces、"Healthy Valley"、“Healthy Town” and other projects are the carrier，Provide authentic traditional Chinese medicine products and services to the public；With m88 casino as the hub，Relying on the layout of Greenland’s various industrial sectors along the “Belt and Road”，Promote the Chinese medicine industry to go global。