Tibetan Qizheng Tibetan Medicine officially listed on the stock market on the 28th.

　　— Entering the capital market to help Tibet’s pillar industries take off.

　　Tibet Qizheng Tibetan Medicine Co., Ltd. was officially listed on the Shenzhen Stock Exchange on August 28, 2009, entering the domestic A-share market. In this public offering, Qizheng Tibetan Medicine issued 41 million shares and raised 480 million yuan. Thus, after 14 years since its founding in 1995 in Linzhi, southeastern Tibet—a company renowned both at home and abroad for its Tibetan medicines—finally embarked on the path to the capital market. As a highly acclaimed leading innovator in the Tibetan medicine industry, Qizheng’s IPO has attracted great interest from investors, bringing new momentum to the Tibetan capital market and establishing a vital bridge between the Tibetan pharmaceutical industry and the capital markets.

　　For more than a decade, Qizheng Tibetan Medicine has actively embraced new technologies while preserving the outstanding qualities of Tibetan medicine. With continuous, years-long investment in production technology, it has successfully integrated traditional Tibetan medicinal practices with cutting-edge modern pharmaceutical techniques. This has greatly accelerated the modernization of the Tibetan medicine industry and made significant contributions to Tibet’s economy. Today, Qizheng Tibetan Medicine is not only the largest enterprise in the Tibetan medicine sector but also a leading brand in China’s pharmaceutical industry, holding the number-one market share in the topical pain-relief patch market.

　　Stick to it—support value creation

　　In 1995, as the Tibetan government advanced its “Guangcai Poverty Alleviation Program” in Tibetan areas, Qizheng Tibetan Medicine set foot on the Qinghai-Tibet Plateau and became one of the first participants in the Guangcai Poverty Alleviation Initiative, taking root in the snowy plateau. The company invested in and built four modern Tibetan medicine factories—one each in Tibet and Gansu. Along the winding mountain roads of the plateau, Qizheng Tibetan Medicine has woven together ethnic solidarity, carried forward wisdom and cultural heritage, and explored the laws of survival, thus forging its own distinctive business approach. Over the past decade and more, it is precisely because of its unwavering commitment to the field of Tibetan medicine that, no matter how arduous the journey of exploring Tibetan medicinal resources may be, or how fierce the competition in the market economy has become, Qizheng Tibetan Medicine has never given up its steadfast dedication. It has remained focused on its core business of sustainable development, diligently adapting to evolving trends, and ultimately fulfilling its mission through the success of its endeavors.

　　Integration—Building Harmonious Operations

　　Qizheng Tibetan Medicine operates in a reality characterized by multi-ethnic and cross-regional business activities. Over more than a decade of entrepreneurial practice, it has actively promoted and implemented the core principles of “equality, harmony, cooperation, and progress,” establishing four major integration systems: ethnic integration, cultural integration, technological integration, and talent integration. This has enabled Qizheng Tibetan Medicine to create a model for harmonious business operations in ethnic regions for private enterprises. Through continuous integration, Qizheng Tibetan Medicine has consistently attracted industry elites and cultivated a group of versatile talents from diverse ethnic backgrounds—including Tibetan, Han, Hui, and Monba—allowing many key employees to grow both locally and within Qizheng’s branch enterprises. As a result, Qizheng Tibetan Medicine has built a solid talent system that supports its cross-regional business expansion.

　　Integrity—Ensuring Sustainable Development

　　For over a decade, Qizheng Tibetan Medicine has established a five-pillar integrity system—covering products, transactions, services, partners, and social responsibility—pursuing business outcomes that are both honest and harmonious, thereby ensuring that these achievements have lasting impacts marked by sustainability and broad social recognition and support. Throughout the process of founding its enterprise, Qizheng Tibetan Medicine has made every effort to honor its commitments. When investing in Tibet and building factories there, the company has always used its own funds to complete the projects. Today, Qizheng has been listed among the top 100 private enterprises nationwide in terms of tax payments, and its annual tax contributions have become a significant component of the local fiscal revenue in Linzhi. For several consecutive years, Qizheng has been recognized by the government as an outstanding taxpayer.

　　Core Competencies—Laying the Foundation for the Industry

　　In the course of its entrepreneurial journey, Qizheng Tibetan Medicine has continuously created and refined an internal core competitiveness system encompassing “inheritance capability, R&D capability, manufacturing capability, marketing capability, cultural capability, and learning capability,” thereby laying a solid industrial foundation and ensuring the company’s sustained development.

　　Government Support—Fostering a Positive Development Environment

　　The healthy development of an enterprise is inseparable from a favorable environment. The 13 years during which Qizheng has been developing in Tibet have also been 13 years of strong support from governments at all levels. Whether it was Qizheng’s efforts to integrate industries or its attempts to enter the capital markets, successive leaders of the autonomous region have consistently shown great care and provided substantial assistance.

　　Going public—giving wings to the future.

　　The funds raised from Qizheng Tibetan Medicine’s IPO are planned to be allocated to three projects: an expansion of the Tibetan medicine production line, the construction of a Tibetan medicine engineering technology center, and the development of a marketing network. The implementation of these fundraising projects will expand the production capacity of the company’s flagship product, Qizheng Pain Relief Plaster, as well as other products. At the same time, it will strengthen Qizheng Tibetan Medicine’s new drug R&D capabilities and significantly enhance its process and technological expertise. In addition, strengthening the construction of the marketing network will greatly boost the company’s market competitiveness and enable rapid growth in both main business revenue and profits.

　　Looking to the future, Qizheng Tibetan Medicine will continue to be deeply rooted in the Tibetan region, guided by its mission of “promoting health wisdom and restoring inner and outer freedom.” Leveraging the global trend of rapid growth in the traditional medicine market, we will seize the historic opportunity presented by the nation’s strong support for the development of Chinese and ethnic medicines. Driven by market demand, fueled by marketing innovation, empowered by technological advancement and product R&D, and underpinned by management innovation, we will continuously enhance our company’s marketing capabilities, technical expertise, quality standards, and management efficiency. In doing so, we aim to further strengthen our overall strength and core competitiveness, aspiring to become a leader in the field of distinctive traditional medicine—a long-lived enterprise cherished by employees, trusted by customers, respected by society, and beneficial to investors, thereby making an even greater contribution to the prosperity and development of Tibet’s economy.

　　Source of Information: China Tibet Information Center

　　http://www.tibet.cn/news/xzxw/kjtw/200908/t20090828_498110.htm