Beijing Tongrentang founded Qing Dynasty 1669

February 16, 2008 – 11:58 am

Beijing Tongrentang, was founded in Kangxi 8 (Kangxi’s reign of the Qing Dynasty, 1669), is a famous time-honored brand in traditional Chinese medicine (“TCM”) industry. During the first year of Yongzheng’s reign (1723 A.D.), Tongrentang was the designated brand of TCM for Qing court and then Tongrentang had possessed the privilege from eight generations of Qing emperor for 188 years. Over the pass 300 years, every Tongrentang staffer remembers the full significance of the handed-down Tongrentang’s commandment: neither manpower nor raw materials is to be saved at the expense of consumer’s interests. Tongrentang’s motto is that no outsider witnesses the manufacturing process and our sincerity and trustworthiness are left to God’s judgement. Tongrentang has all along been stressing good morality, sincerity and faith, and Tongrentang’s strict compliance with high standards has over the time won Tongrentang trust and confidence of countless consumers of different ages. Unique recipes, best raw materials, and strict standards bring about excellent clinical performance and high reputation both in China and abroad of Tongrentang products.

Tongrentang brand with a worldwide reputation in China has an unique privilege advantage of brand. Tongrentang is the first Chinese trademark registered under the Madrid Agreement and the Paris Agreement, and as well has been applied for registration in 50 countries worldwide, protecting by the international related organization. It is the first trademark from the Chinese mainland to Taiwan to have been registered.

In recent years, Tongrentang has maintained growth of 20 percent or more. By 2005, Tongrentang’s total assets had reached RMB 7 billion, its annual t urnover amounted to approximately RMB 5.4 billion. Today, Tongrentang possesses two listed companies both in domestic and overseas stock market. It has over 400 domestic pharmacies including franchise drug retailers, branch pharmacies and shops, and 20 overseas joint ventures or TCM pharmacies within 13 countries and regions. All production lines have been awarded GMP certificates by China SFDA, while 10 production lines have been awarded with Australian GMP certificate. Tongrentang Co., Ltd. holds the first place in the fourth and fifth “ Top 50 Listed Companies with the highest Development Potential in China” consecutively , which is hosted by China Securities News and Asia Consulting together. Tonrentang Technologies Co., Ltd. Is one of the best performed stocks in the Growth Enterprise Market of the Hong Kong Stock Exchange. Hence the development of Tongrentang with a virtuours circle was initiated.

And now, facing the globalization of world economy, Tongrentang is about to seize opportunities and meet challenges, and decide to continue its reform and innovation. It will organically combine the traditional idea of TCM with modern science and technology to contribute the development of TCM.

Tags: Beijing, Qing Dynasty, Tongrentang