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Qizheng Tibetan Medicine has been rated as a “AAA Credit Enterprise” in the Chinese medicine industry.
Release time:
2013-03-28 14:57
On March 20, the China Association of Chinese Medicine released the results of the second batch of credit evaluations for the Chinese medicine industry, and our company was rated as a “AAA-rated credit enterprise.” According to the “Credit Evaluation Index System for the Chinese Medicine Industry” and the “Work Plan for Credit Evaluation in the Chinese Medicine Industry,” the credit rating levels for Chinese medicine enterprises are divided into four categories and ten grades, with 3A being the highest rating.
It is understood that, in order to enhance enterprises’ awareness of creditworthiness, strengthen credit management, establish a sound credit system, and improve the credibility of the Chinese medicinal products industry and its enterprises, authorized and entrusted by the Ministry of Commerce, the China Association of Traditional Chinese Medicine initiated the first and second rounds of credit evaluations for the Chinese medicinal products industry in 2010 and 2011, respectively. Guided by the principles of “openness, fairness, impartiality, scientific rigor, and strictness,” the evaluation process involved several stages: rating by professional credit evaluation agencies, comprehensive assessment by the Industry Credit Evaluation Expert Committee, and re-examination by the Association’s Credit Evaluation Leading Group. Ultimately, a total of 16 “AAA-rated credit enterprises” were selected in the two rounds.
Throughout its years of development, the company has consistently placed great importance on building a credit system across various aspects, including production, operations, and management. Over the years, it has received numerous prestigious honors, such as being named among China’s Top 100 Private Enterprises in Tax Payments, earning an AAA credit rating, recognized as an advanced member enterprise for “Prioritizing Quality and Upholding Integrity,” and designated as an A-level taxpayer with the best credit standing. This latest recognition—obtaining an AAA credit rating in the Chinese traditional medicine industry—is not only a testament to and encouragement of Qizheng Tibetan Medicine’s commitment to honest service and lawful business practices, but also a showcase of the company’s financial strength, asset quality, economic performance, ability to fulfill contractual obligations, and market adaptability. It will enable the company to secure greater credit capital and more development opportunities in both domestic and international financial markets.
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