From within the Department was informed of the Group, the intention of the Group is listed company will be Intel's Group (000 411) into a platform for the company's pharmaceutical business. However, there is no specific timetable for the planning.
Intel Group, digital blood pressure monitor Zhejiang Province, a leader in the field of medicine distribution, the current 99.65% of sales revenue comes from pharmaceutical sales, the actual control of the blue sky in the group. The latter formerly known as Zhejiang Petrochemical Building Materials Group Co., Ltd., June 2008, the signing of the Group and SAC Capital Increase Agreement, digital thermometer manufacturer Zhejiang Province, Zhejiang Petrochemical building became the subsidiary of Sinochem Corporation, Intel Group has thus become of the Group's pharmaceutical listed companies. Sinochem said the insider, Sinochem Group was the acquisition of Zhejiang Petrochemical building materials has not been sorted out over time how to handle medical-related business, but recent intention to strengthen and expand medical services, one possible way within the group integration of medical assets, the second is the acquisition of foreign assets into a number of related medical Intel group.
Currently, digital thermometer the main business of the Group for the energy, agriculture, chemical, pharmaceutical assets outside the Intel Group, little, mainly for pharmaceutical and chemical aspects of the business, one of which Sinochem International (600,500) of a subsidiary in Suzhou International Polyurethane Co., Ltd production of pharmaceutical intermediates and other products related to propylene oxide.
Intel Group's current strategy for expansion and connotative denotative growth combined with pharmaceutical companies in the development of distribution and logistics business, it is also further develop biological products marketing, logistics, medical equipment and medicine production, processing and other new business. In recent years, strategic acquisitions to accelerate, and medical herbs Ltd Cixi, Wenzhou Medical Supply Co., Ltd., Zhejiang Medicine Co., Ltd., Hayes co-operation to carry out equity, the initial realization of the strategic layout of Zhejiang province. In addition, the Intel Group has also undertaken the construction of Chinese medicine industrial park project, the original warehouse in Hangzhou East New Road, transformed into processing of Chinese herbal medicines and health products marketing and other functions in one of the traditional Chinese medicine industrial park.
Frequent mergers and acquisitions in the pharmaceutical-related business, Intel Group also stripped of non-pharmaceutical business. Company (Source Global Polyurethane Network) announced in mid-April that has a wholly owned subsidiary of Ningbo, Zhejiang Intel property auction to the Younger, sold for 4.5 billion, and has received all payments.