China National Accord Medicines Corporation Ltd. (000028)

Overview

China National Accord Medicines Corporation Ltd., with a global reach, is a significant player in the pharmaceutical industry, primarily focusing on the retail and distribution of pharmaceutical products. Originating in 1993 and having its headquarters in Shenzhen, China, the company has evolved considerably from its early days as Shenzhen Health Mineral Water Corp., Ltd. It operates under the umbrella of Sinopharm Group Co., Ltd., reflecting its influential position within China’s pharmaceutical sector. The company's broad array of services caters to various healthcare and commercial needs, indicating its diversified approach to business.

Products and Services

The extensive range of products and services offered by China National Accord Medicines Corporation Ltd. encompasses the healthcare industry's needs while also extending into other areas. Each category reveals the company's commitment to providing comprehensive solutions:

• Pharmaceutical Products: This includes a wide variety of drugs, such as proprietary Chinese medicines, chemical preparations, antibiotics, biochemical drugs, and biological preparations. The company's pharmaceutical portfolio is designed to meet the diverse needs of the healthcare sector.
• Medical Equipment: In addition to medications, the company retail and distributes medical devices, supporting healthcare providers with essential tools for patient care.
• Cargo Transportation and Warehousing: Recognizing the importance of logistics in healthcare, China National Accord Medicines offers services in cargo transportation, warehousing, loading, and unloading, ensuring efficient delivery and storage of medical supplies and equipment.
• Consulting and Agency Services: The company provides professional consulting and acts as an agent for the import and export of various commodities and technologies, facilitating global trade in the healthcare sector.
• Consumer Goods: Beyond healthcare, China National Accord Medicines extends its services to the retail of daily necessities, glass instruments, cosmetics, and health supplies, catering to general consumer needs.
• Leasing Services: House leasing services are offered, indicating the company's foray into real estate, which complements its diversified service offerings.
• Import and Export: The company is actively involved in the import and export of a broad spectrum of products, including therapeutic and diagnostic biological products, stereotyped packaged foods, chemical products, as well as self-management and agency of various commodities and technologies. This global trading capability highlights the company’s expansive operational scope.