Leaders of Jilin Province: Bayanqolu, Liu Guozhong and Huang Yanming et al. Investigate Yatai Pharmaceutical Industrial Park

Song Shanglong, Chairman and President of the group company, reported the project construction of the pharmaceutical industry park to provincial leadership. He pointed out that pharmaceutical industry is the pillar industry of Yatai Group, and now it has formed a large health industry chain which integrates R & D, production, circulation, medical equipment, health management and medical service. The annual operating income has reached RMB3 billion, with profit and tax of RMB300 million.

Yatai International Pharmaceutical and Health Industry Park is the key project of Yatai Group in field of transformation and upgrading, and is also an important carrier for Yatai Group to develop large health industry. The industrial park is located in the national development zone - Changchun New District, covering an area of 680,000m2, with a total construction area of 1 million m2, with a total investment of RMB7 billion.

The park consists of three functional areas: pharmaceutical production, new drug and medical device research and development, and integration of large health logistics, wholesale and retail. 

Yatai International Pharmaceutical and Health Industrial Park is planned to be constructed within 3 years, started in 2016, and is expected to be completed and put into use in 2018. After completion of the project, it will become five bases of Yatai Group, i.e. bio-pharmaceutical production, modern Chinese medicine and health products production, research and development of new drugs and advanced medical equipment, large health products trade and logistics center; and become an international, intelligent and open health industrial park leading in the same industry in home. After the project has been put into operation, annual income of Yatai pharmaceutical industry will amount to RMB10 billion, with profits and taxes of RMB2 billion!

After listening to the report, Bayanqolu spoke highly of project construction of Yatai Group Pharmaceutical Industry Park. The provincial Party committee and provincial government will do their best to create a good external environment for project construction and investment operation, so as to make the project reach the expected goal as soon as possible.