Case ID: HKU864     Solution ID: 28980

Chongqing Peace Medical Corporation Ltd B Case Solution

Abstract

Peace Medical Corporation Ltd (Peace Medical), headquartered in Chongqing, China, was established in 2001 as a joint endeavor between the extensive, state-possessed Chongqing Medicine Company (CMC), which claims a 51% stake, and Jeff Jiang, the organization president, who claims a 49% stake. Both Peace Medical and CMC are therapeutic item supply organizations, which are wholesalers that purchase pharmaceutical items from produces and offer them to clinic based drug stores or retail medication stores. From the start, the course of action in the middle of CMC and Peace Medical hosts profited both gatherings. Starting 2008, Peace Medical looks as if it will be an effective organization for the long haul. It is on an exceptionally solid development direction, is monetarily stable, has collected a variety of unmistakable and immaterial resources, and has set up great associations with a scope of other medicinal services framework members. Jiang has distinguished five related goals for the coming years


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