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A Behind-the-Scenes Account of Qizheng Tibetan Medicine’s Listing Ceremony on the Shenzhen Stock Exchange: Heading Toward a New Horizon
Release time:
2009-09-09 10:32
—Heading Toward a New Horizon—A Behind-the-Scenes Account of the Qizheng Tibetan Medicine’s Listing Ceremony on the Shenzhen Stock Exchange
“Dong, dong, dong…” At 9:25 a.m. on August 28, in the ceremony hall on the third floor of the Shenzhen Stock Exchange, as the opening bell rang, Qizheng Tibetan Medicine Co., Ltd.—the pride of Tibetan enterprises and a leading player in the Tibetan medicine industry—along with three other mainland companies, simultaneously made their debut on the stock market. At this moment, after years of silence, Tibet’s capital market welcomed a new member once again, signaling the start of a new journey for the Tibetan medicine industry as it sets its sights on even greater goals.
In the splendidly decorated ceremony hall, people who had traveled all the way from the mysterious land of Tibet stood out in particular. Lei Jufang, Chairperson of Qizheng Tibetan Medicine Co., Ltd., said that the listing of Qizheng Tibetan Medicine’s A-shares on the Shenzhen Stock Exchange marks an important milestone for the company—a mission-driven enterprise dedicated to preserving the millennia-old treasures of Tibetan medicine and bringing physical and mental well-being to modern consumers. In Tibet, Qizheng Tibetan Medicine has received strong support from governments at all levels and across various sectors. The enlightened and open-minded government has provided us with a golden opportunity. We are truly fortunate to have come along at such a remarkable time, enabling us to fully unleash our potential.
Lei Jufang also said that in the future, Qizheng Tibetan Medicine will take its IPO as a new starting point to continuously enhance its marketing capabilities, R&D technological level, and management standards, further strengthening its overall strength and core competitiveness. The company will remain focused on the growth and innovation of its core business, leveraging modern technology to bring the wisdom of ancient Tibetan medicine to an even wider world, thus repaying the nurturing care of this warm and fertile land—Tibet.
Baima Caiwang, Vice Chairman of the Autonomous Region, said that as the first newly listed company in our region since 2001—and the first Tibetan enterprise to be listed on the SME Board—Qizheng Tibetan Medicine’s IPO represents a significant achievement in our region’s economic development and underscores the government’s high regard for and strong support of the Tibetan medicine industry, which is a pillar of our economy. Qizheng Tibetan Medicine is China’s largest Tibetan medicine enterprise and the leading player in our region’s Tibetan medicine industry. Over the past decade and more, the company has pursued development through both inheritance and innovation, achieving outstanding market performance and establishing itself as one of China’s most distinctive and acclaimed brands in the pharmaceutical sector, thereby making a positive contribution to our region’s economy. The regional government has always attached great importance to the development of local small and medium-sized enterprises. Moving forward, while continuing to vigorously promote the real economy, we will actively seek closer ties between enterprises and capital markets. By leveraging multi-level and multi-channel financing methods—including capital and financial instruments—we will provide the strongest possible support for enterprises’ rapid and healthy growth, enabling more outstanding companies to accelerate their expansion and become even stronger, thus making greater contributions to the economic development of Tibet and the entire country.
“Hey, I’m at the Shenzhen Stock Exchange—why don’t you buy some ‘Qizheng Tibetan Medicine’...” After the ceremony ended, a woman who hadn’t yet left was saying this over the phone to her friend, standing in front of the exchange’s giant screen. As they watched the stock price of Qizheng Tibetan Medicine steadily rise on the big screen, with trading volume continuously climbing and far surpassing that of the other three newly listed stocks, everyone from Tibet felt thrilled and filled with pride. People eagerly took photos in front of the giant screen, capturing this exhilarating moment forever.
From the pristine and beautiful snow-covered plateau to the bustling, high-rise-lined “window” of reform and opening-up, Qizheng has already achieved a remarkable leap forward. May it continue to forge new brilliance in this even broader new world! (Zhang Qi)
Source of information: Xinhua Net
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