Zhongjing Wanxi Pharmaceutical recognized with national honor

Zhongjing Wanxi Pharmaceutical Co Ltd recently made it to be listed among the third batch of National Leading Enterprises in Forestry by the State Forestry Administration along with three other companies in Henan province.

Founded in 2014, the award only recognizes companies that have made substantial contributions to green development, industrial transformation, regional economic development and rural income. Nominees are able to enjoy preferential policies in terms of tax, insurance and logistics.

Stages in the selection procedure include recommendations by provincial forestry bureau, selection by the State Forestry Administration and expert assessment. The expert panel will review the subjects through a rubric of up to 25 indexes across eight categories such as the company's scale, influence, revenue and management.

There is no doubt that Zhongjing Wanxi Pharmaceutical's location in Nanyang has given it a unique advantage due to the abundant traditional Chinese medicine resources. Its knockout product, Pills of Six Ingredients with Rehmannia, constitutes one of third of national market share.

Extracted from chinadaily