Modern Chinese Medicine Group Co., Ltd. (01643.HK)

Modern Chinese Medicine Group Co., Ltd. is an investment holding company, which engages in the distribution of medicines under the Yushi brand. The company is headquartered in Chengde, Hebei and currently employs 190 full-time employees. The company went IPO on 2021-01-15. The firm is mainly engaged in the provision of over-the-counter and prescribed medicines intended for use by the middle-aged and the elderly. The Company’s main products include Vigour and Vitality Supplement Pill, Circulation Enhancement Pill, Cardiotonic Enhancement Capsule, Kidney Invigoration Pill, Heart Wellness Capsule, Menstrual Discomfort Relief Pill, Liver Detox Tablet, Additional Ingredient Huoxiang Zheng Qi Pill, Liver-dispersing and Stomach Regulating Pill, and Fever- removing and Detoxification Pill. The intended therapeutic effects of the Company’s major products are for the treatment and alleviation of deficiency and blood-stasis condition, cardio-cerebrovascular condition, digestive and gastrointestinal condition, and gynaecological condition. The firm mainly conducts its businesses within domestic market.