Shandong Buchang Pharmaceuticals Co LtdWholly owned subsidiary Tonghua Guhong acquires Angong Niuhuang Wan production approval and technology for 9.4 million yuan, expanding its product portfolio.

Buchang Pharmaceutical announced on September 29 that its wholly owned subsidiary Tonghua Guhong signed a technology transfer contract with Jilin Province Tiantai Pharmaceutical Co., Ltd. to acquire the production approval and technology ownership of Angong Niuhuang Wan for a transfer price of 9.4 million yuan. In the first half of 2026, Buchang Pharmaceutical achieved revenue of 5.003 billion yuan and net profit attributable to the parent of 503 million yuan.
Shandong Buchang Pharmaceuticals Co LtdWholly owned subsidiary Tonghua Guhong acquires Angong Niuhuang Wan production approval and technology for 9.4 million yuan, expanding its product portfolio.
Jilin Tiantai Pharmaceutical transfers ownership of its Angong Niuhuang Wan production approval and technology for 9.4 million yuan.
Tonghua Guhong, Buchang's wholly owned subsidiary, is the acquirer of the Angong Niuhuang Wan production approval and technology.