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Our History

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2016

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.

2015

CR Pharmaceutical Holdings was awarded the “Top 10 PRC Pharmaceutical Group of 2015 (中国医药行业企业集团十强)” at the ChemPharm Annual Summit 2015(2015中国化学制药行业年度峰会).

2014

Our Company ranked No.4 among the “Top 100 Enterprises in the PRC Pharmaceutical Industry of 2013 (2013年度中国医药工业百强企业”.

CR Pharmaceutical Holdings was awarded the “Top 10 PRC Pharmaceutical Group of 2014 (中国医药行业企业集团十强)” at the ChemPharm Annual Summit 2014 (2014中国化学制药行业年度峰会).

The Beijing Pharmaceutical Group Industry-University-Research Alliance (北京医药集团产学研联盟) led by our Company under the Eleventh-Five Year Plan was successfully completed and accepted.

2013

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.

2012

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 (华润大学健康学院) in June 2012.

2011

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.

2010

Our company entered into a strategic cooperation agreement with the China Academy of Medical Sciences (中国医学科学院) 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.

2008

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.

2007

Our Company was incorporated in Hong Kong.

2006

CRC was engaged in the restructuring of China Worldbest, and acquired 50% interest in Beijing Pharmaceutical.

2004

CRC set up CR Done-E with Liaocheng SASAC (the State-Owned Assets Supervision and Administration Commission of the State Council).

1983

Our controlling shareholder, China Resources Holdings, was incorporated in Hong Kong.

1953

China Resources Company (华润公司) started to export medicines and medical devices to mainland China.

1948

Liow & Company (联合行) was renamed as China Resources Company (华润公司)

1938

Liow & Company (联合行), the predecessor of China Resources Holdings, our controlling shareholder, was founded.