The US government promoted the return of manufacturing to the United States, Trump introduced tax cuts to attract industrial returns, Germany introduced Industry 4.0, and China introduced China Manufacturing 2025. From deindustrialization to re-industrialization, the manufacturing industry has returned to the core of the Chinese business community. In fact, due to the continuous improvement of China's manufacturing labor costs, the lack of capital turnover, and weak market demand, even the pharmaceutical and pharmaceutical industry is facing the trend. A huge transformational pressure. Tongrentang has a history of nearly 350 years. It has experienced tremendous changes in personnel, institutions, and dynasties. It has been changed many times, but it is worthwhile to learn and pay attention to the changes in Tongrentang. More than three hundred years old trees have sprouted again, or flowers everywhere.
Internet extension industry chain
The US government promoted the return of manufacturing to the United States, Trump introduced tax cuts to attract industrial returns, Germany introduced Industry 4.0, and China introduced China Manufacturing 2025. From deindustrialization to re-industrialization, the manufacturing industry has returned to the core of the Chinese business community. In fact, due to the continuous improvement of China's manufacturing labor costs, the lack of capital turnover, and weak market demand, even the pharmaceutical and pharmaceutical industry is facing the trend. A huge transformational pressure. Tongrentang has a history of nearly 350 years. It has experienced tremendous changes in personnel, institutions, and dynasties. It has been changed many times, but it is worthwhile to learn and pay attention to the changes in Tongrentang. More than three hundred years old trees have sprouted again, or flowers everywhere.
Beijing Tongrentang was founded in the 8th year of Qing Emperor Kangxi (1669). Since the first year of Yongzheng (1723), it has been officially dedicated to the Royal Palace Pharmacy. It has been used by eight generations of emperors for 188 years. In 1992, Tongrentang Group, which consisted of 21 core units including Beijing Pharmaceutical Company, Tongrentang Pharmaceutical Factory and Tongrentang Pharmaceutical Store, was formally established. This is the early Tongrentang Group. The internal resources planning of the early Tongrentang Group was chaotic, the positioning of each subsidiary was not clear, and the competition in the same industry was more serious. In July 2011, Tong Ren Tang Group took the company's Tong Ren Tang shares as the core, and established six major second-level groups, breaking the old company structure, establishing the professional division of labor of major groups, and injecting new developments for the subsequent business lines. The power.
The layout of the Tongrentangzi Group represents the overall strategic direction. Tongrentang Group has six sub-groups, three institutes and two reserve units, and currently has three listed companies. The six sub-groups are responsible for six core directions. In the field of traditional medicine, Tongrentang is responsible for the R&D and production of the old first-line brands, which are both Jinniu products, and Tongrentang Technology is responsible for launching new first-line products, which are both star products. Tong Ren Tang Sinopharm is responsible for the distribution and retail of the overseas sector. Tong Ren Tang Commercial is responsible for the operation of Tong Ren Tang Pharmacy and sitting medicine, establishing a retail network and differentiated layout. Tong Ren Tang Health focuses on life and health products. Tongrentang ginseng is responsible for the production and sales of pieces and Chinese herbal medicines.
Source: Eastern Securities
Tongrentang's layout in the industrial chain covers the entire industrial chain of Chinese medicine planting, Chinese medicine procurement, Chinese herbal medicine pre-treatment, Chinese patent medicine production, and Chinese patent medicine sales. From the action of Tong Ren Tang in 2016, it is mainly the expansion of retail business at home and abroad, the creation of a healthy Internet platform, and the improvement of large health products.
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