News
A delegation led by Jin Huiqun, Deputy Director of the Provincial Department of Finance, visited Wanbangde Pharmaceutical Group for an inspection.
Date:
01 Mar,2021
On October 25, Jin Huiqun, Deputy Director of the Provincial Department of Finance, and her delegation conducted an in-depth inspection of Wanbangde Group to explore innovative government fiscal support models aimed at driving corporate transformation and development. Jiang Tianping, Deputy Director of the Taizhou Municipal Bureau of Finance, and Xu Renbiao, Mayor of Wenling City, along with other leaders, accompanied the visit. Zhao Shouming, Chairman of Wanbangde Pharmaceutical Group, provided an overview of the company’s operations.
Vice Director Jin Huiqun toured the product exhibition hall of Wanbangde Pharmaceutical Group on-site, gaining a deeper understanding of the company's market advantages and growth potential. She then visited the Ginkgo Leaf Dropping Pill production facility for a hands-on inspection, where she closely examined Wanbangde Pharmaceutical Group’s new product development initiatives as well as ongoing efforts to enhance its existing product lines. Additionally, she inquired about the company’s plans to introduce cutting-edge technologies and advanced equipment.
Chairman Zhao Shouming reported on the implementation of Wanbangde Group's proactive integration into the nation’s “Belt and Road” initiative, as well as the company’s corporate strategy of simultaneously pursuing both "going global" and "bringing in." He highlighted that, to drive its transformation and upgrade, Wanbangde Group swiftly entered the medical device industry by acquiring two renowned South African medical equipment companies in June. The group has since begun transferring cutting-edge technologies—such as orthopedic implant solutions and hospital waste-disposal systems aligned with China’s 13th Five-Year Plan for high-end technology imports—back to China, paving the way for large-scale production. This move aims to establish Asia’s premier manufacturing and export hub for orthopedic implants, as well as a leading center for medical equipment production and maintenance services, ultimately injecting fresh momentum and fostering new growth drivers for Wenling’s economy.
After listening to the work report presented by Chairman Zhao Shouming, Vice Director Jin Huiqun expressed appreciation for Wanbangde Group's proactive alignment with the nation’s “Belt and Road” strategic vision. He commended the company for leveraging its corporate strengths, effectively integrating resources, and contributing significantly to local economic development. Mr. Jin encouraged the enterprise to seize every opportunity, vigorously promote independent innovation, accelerate the pace of technological advancement, and boldly venture overseas to explore and tap into even broader market prospects. He also emphasized that local governments should provide robust support for companies undergoing technological upgrades and industrial transformations, offering ample policy assistance as businesses introduce new technologies and launch innovative projects—ensuring that these efforts yield tangible, long-lasting results.
Chairman Zhao Shouming introduces medical device industry-related products to leaders including Vice Director Jin Huiqun (second from left) and Mayor Xu Renbiao (third from left).
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