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History

In 1930, Yao Runpu and Zhang Shaoxian from “De Tai Xiang”, Yang Zhenqing from “Si Zhi Tang” and Zhang Qinzhai from “Tai Sheng Xiang” came together to negotiate about raising funds for a factory.
On May 6, 1931, “Luoyang Minsheng Pharmaceutical Public Pharmacy Institute” (Manager: Liu Yunzhai) was launched in Sangyuan Street, and produced honey-like pill, water-bindered pill, powder, plaster and fluid extract, with 5 dosage forms and more than 80 products.
In August 1937, the Pharmacy Institute was removed from Sangyuan Street to Jianan Street (No. 27).
In 1954, proposed by then municipal leaders for scale expansion, new “Minsheng Pharmaceutical Factory” was established based on the Pharmacy Institute, and headed by Niu Xingguang, which was one of Luoyang’s largest private enterprises, one of Henan’s largest 5 pharmaceutical factories. The medicine were sold to Northeast China and Northwest China, and won a good reputation.
In 1962, incorporated with Luoyang Pharmaceutical Factory and removed to Minzhu West Street.
In 1997, “Luoyang Minsheng Pharmaceutical Factory” was renamed “Luoyang Minsheng Pharmaceutical Co., Ltd.”, and incorporated into Luoyang White Horse Corporation Ltd.
In 2004, removed from Minzhu Street to Houtian Road of Luoyang National New & High Tech Industry Development Zone.
In 2006, stopped the production for reorganization.
In 2007, purchased by Beijing Mudu International Investment Co., Ltd. and reorganized into a Sino-US joint venture - Minsheng Pharmaceutical Co., Ltd.
In July 2008, wholly controlled the shares of Luoyang Minsheng Beverage Co., Ltd.
In May 2009, wholly purchased by Sino-America Biotechnology Co., Ltd.
In June 2009, controlled the shares of Luoyang Ningzhu Pharmaceutical Co., Ltd.
In October 2009, controlled the shares of Henan Sino-America Biotechnology Co., Ltd.
In December 2009, controlled the shares of Luoyang Qinling Pharmaceutical Co., Ltd.
In 2009, “Luoyang Minsheng Pharmaceutical Co., Ltd.” was renamed “Minsheng Pharmaceutical Co., Ltd.”.
In June 2010, controlled the shares of “Henan Deerkang Pharmaceutical Co., Ltd.”, and then renamed “Minsheng Pharmaceutical Group Henan Deerkang Pharmaceutical Co., Ltd.”.
In July 2010, controlled the shares of “Luoyang Huawei Pharmaceutical Chain Co., Ltd.”, and then renamed “Minsheng Pharmaceutical Group Henan Minsheng Pharmacies Co., Ltd.”.
In August 2011, Minsheng Pharmaceutical controlled the shares of 9 pharmaceutical enterprises, and established a comprehensive pharmaceutical industrial group.
On July 27, 2012, Minsheng Pharmaceutical Group Sino-America Biotechnology Cultural Industry Park was launched.
In March 2013, purchased “Luoyang Baite Pharmaceutical Co., Ltd.”, and then renamed “Minsheng Group Henan Province Pharmaceutical Co., Ltd.”.
In August 2013, controlled the shares of “Henan Ruian Pharmaceutical Co., Ltd.”
To comply with future development, “Minsheng Pharmaceutical Co., Ltd.” was renamed “Minsheng Pharmaceutical Group Co., Ltd.” Allied with some holding companies owned by president Xu Haizhao, such as Luoyang Ningzhu Pharmaceutical Co., Ltd., Henan Sino-America Biotechnology Co., Ltd., Minsheng Pharmaceutical Group Henan Deerkang Pharmaceutical Co., Ltd., Minsheng Pharmaceutical Group Henan Minsheng Pharmacies Co., Ltd., Minsheng Group Henan Province Pharmaceutical Co., Ltd., Henan Ruian Pharmaceutical Co., Ltd., Luoyang Qinling Pharmaceutical Factory, Luoyang Minsheng Beverage Co., Ltd. and Luoyang Dezhikang Bioengineering Co., Ltd., a comprehensive pharmaceutical group was established, which integrates R&D, production, sale, chain circulation, etc., and covers many industries, such as Chinese patent medicine, biological medicine, diagnostic reagent, beverage, disinfection, cleaning supplies, etc.