Investment Study on Qifoshan Pharmaceutical (1999)

###### Co., Ltd. is a well-known listed coal chemical company in the country.

By optimizing the capital mix and adjusting the product structure, the two pillar industries of coal and chemical have been formed a good performance. As Chinese participation in WTO approaches, ## Company will be facing more tense domestic and international markets competition. As a coal-based listed company, from the perspective of sustainable development analysis, it is believed that coal companies Industry investment volume is high, Whereas capital turnover is slow, and resources are depleted; at the same time, nuclear energy, water energy, and natural gas

Increased competition for resources. Therefore, ## company must be adjusted as soon as possible from a strategic point of view: advance to the high-tech direction

The company, on the path of sustainable development, is looking for new economic growth points. The company changed its name in 1999 as "###### Co., Ltd." which indicates that ## has taken an important step in strategic adjustment.

In 1999, ## actively explores to find new economic growth points and prepares to invest in Qifoshan Pharmaceutical Co., Ltd., involved in the pharmaceutical industry.

The pharmaceutical industry is a sunrise industry in the past century. As long as people’s lives never stop, there are people and illnesses

There is also a market demand for disease. From the perspective of sustainable development, the pharmaceutical market is considered to be a huge potential.

The current medical industry is a high-tech, high-investment, high-risk, and high-return business. Qifoshan Pharmaceutical is a pharmaceutical company with a scale production volume in the city, with completed hardware and equipments, in line with GMP design requirements

For Qifoshan Pharmaceutical, the product structure is reasonable, the market potential is large, but the liquidity is scarce, ## and Qifoshan Pharmaceutical can make up for each other to make use of its own advantages and explore a new path for ## to find new economic growth points.

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