The company is a listed company under the Zhejiang International Trade Group controlled by the Zhejiang State-owned Assets Administration Commission. The company's predecessor was Zhejiang People's Pharmaceutical Company, founded in 1950. It was listed behind the back door in 2001. In 2008, Sinochem Group joined Inter Group, and in 2017, the company returned to Zhejiang Province and managed by Zhejiang Guomao Group Holdings. The company's main business is the wholesale and retail of pharmaceuticals, traditional Chinese medicines, biological products and medical devices. Corporate honors: The company has always maintained steady operation and standardized governance. It has been awarded the top 30 internal control companies in Zhejiang for 3 consecutive years. In addition, it has also won many honorary titles such as “Pharmaceutical Industry Benchmark Enterprise in the 70th Anniversary of the Founding of New China”, “China's Top 500 Service Enterprises”, and “Zhejiang's First Batch of Provincial Supply Chain Innovation and Application Enterprises”.