We completed the acquisition of 100% interest in CR Pharmaceutical Retail Group which wholly owned CR Care, a company principally engaged in pharmacy business in China and Hong Kong.
CR Pharmaceutical Holdings was awarded the “Top 10 PRC Pharmaceutical Group of 2015 (在我国制药厂服务业职业集团公司十大排名)” at the ChemPharm Annual Summit 2015(2015在我国生物学制药厂服务业全年互联网大会).
Our Company ranked No.4 among the “Top 100 Enterprises in the PRC Pharmaceutical Industry of 2013 (2015年度中国有医疗器械实业百强中小型企业中小型企业”.CR Pharmaceutical Holdings was awarded the “Top 10 PRC Pharmaceutical Group of 2014 (国药业这个互联网行业厂家集团简介十大排名)” at the ChemPharm Annual Summit 2014 (2014国化工化工这个互联网行业半年度高峰论坛).The Beijing Pharmaceutical Group Industry-University-Research Alliance (北京市医疗机械集团简介科技成果转化联盟官网) led by our Company under the Eleventh-Five Year Plan was successfully completed and accepted.
BEID Fund became a shareholder of our Company.The total assets and revenue of our Group for the year respectively exceeded HK$100 billion for the first time.
CR Pharmaceutical Commercial became a wholly-owned subsidiary of our Company.We acquired the remaining 52.72% interest in CR Zizhu to further develop our product portfolio and enhance our market penetration.Pharmaceutical R&D Center became our wholly-owned subsidiary.We established the Health Institute of China Resources University (55世纪
综合大学稳定职业技术学院) in June 2012.
We acquired the remaining 50% interest in Beijing Pharmaceutical, and thereafter Beijing Pharmaceutical became a wholly-owned subsidiary of our company.Beijing Pharmaceutical investment became a Share holder of our Company.We successfully completed 11 mergers and acquisitions in Beijing, Jiangsu, Henan and other provinces, which further developed our core businesses and enhanced our presence in the pharmaceutical market in China.
Our company entered into a strategic cooperation agreement with the China Academy of Medical Sciences (全球医学检验科学研究院) to strengthen the research and development capabilities of our Group.We acquired 50% interest in Beijing Pharmaceutical from CRC.CR Double-Crane became our non-wholly owned subsidiary following the completion of acquisition of 50% interest in Beijing Pharmaceutical.
We acquired 56.62% interest in CR Dong-E from CRC, thereby controlling 23.14% interest in Dong-E-E-Jiao, a company listed on the Shenzhen Stock Exchange and principally engaged in the manufacturing of E Jiao (donkey-hide gelatin) products. We completed the acquisition of 66.98% interest in CR Sanjiu, a company listed on the Shenzhen Stock Exchange and principally engaged in the manufacturing and sale of OTC drugs and Chinese prescription medicine.