Updated on 4 June 2013
It launched products such as no sugar, low sugar and instantly drinkable herbal tea beverages. Guangzhou Pharmaceutical's herbal tea, under brand name An Gong Niu Huang Wan, Zi Shen Yu, Tai Wan, Shu Jin Jian Yao Wan, An Shen Bu Lao Ye, and Xin Xue Dan series, recorded greater increase in sales revenue in 2012. The company applied for 21 invention patents and obtained 17 approvals in China.
The year 2012 was marked by several accolades and recognition for Guangzhou Pharmaceutical. Abiding to high manufacturing practices, the company's National Engineering Research Center of Chinese Medicine Modernization of Extraction and Separation Process was awarded National Engineering Research Center with Excellent Achievement by National Development and Reform Commission.
Its subsidiaries Zhong Yi, Guangzhou Wang Lao Ji Pharmaceutical, Jing Xiu Tang, Pan Gao Shou and Qi Xing were recognized as Guangzhou demonstration enterprise for the transformation and upgrading of traditional manufacturing industry with advantages by guangzhou economic and trade commission.
The company believes that 2013 will be a critical year for the group as the implementation of China's Twelfth Five-Year Plan will help it to inherit from the past and forge ahead into the future, which can be expected to be full of challenges and opportunities.