On the morning of July 3, 2023, the headquarters and innovative drug research and development production base construction project of Mengyang Pharmaceutical Group held a grand groundbreaking ceremony in Fengxian District, Shanghai. At this point, Mengyang Pharmaceutical officially settled in Fengxian, Shanghai. At the ceremony, Zhang Min, Chairman of Mengyang Pharmaceutical, Fang Yueliang, Founding Partner of Huizhong Capital, Li Yongjie, Secretary and Chairman of the Party Committee of Shanghai Industrial Comprehensive Development Zone, and Li Lei, Deputy District Mayor of Fengxian District, delivered speeches. Yuan Quan, Secretary of the Fengxian District Party Committee, announced the start of the project and laid the foundation for it.

Hubei Mengyang Pharmaceutical Co., Ltd. is a high-tech enterprise that continues to work hard in the field of tumor treatment related diseases. Centering on the enterprise positioning and under the 10 billion blueprint planned by the chairman of the board, it has established four product systems of traditional Chinese patent medicines and simple preparations, traditional Chinese medicine decoction pieces, innovative medicine and health food, and strives to become a model of "inheriting essence, preserving integrity and innovation" of traditional Chinese medicine. The purpose of settling in Shanghai this time is to leverage the advantages of Shanghai's high-end pharmaceutical R&D talents, as well as the open and innovative environment and strong urban brand, to lay a solid foundation for the future development of Mengyang.

Adhere to integrity and innovation, continue to strive, embrace dreams, and set sail with sunshine. Mengyang Pharmaceutical embraces the dream of a century old pharmaceutical factory, taking it as its responsibility to benefit patients and the people, inheriting the essence of traditional Chinese medicine, promoting traditional Chinese medicine, adhering to the principle of serving the country through industry and continuous innovation, promoting the rapid development of the health industry, and accelerating the formation of a large health industry cluster. In today's increasingly strong motherland and as the people of the whole country work hard to achieve the Chinese Dream of national rejuvenation, Mengyang Pharmaceutical will embark on a new journey in Shanghai!