History
Milestones
History
30+ of Development, Witnessing Growth and Transformation
Company Foundation
Zhang Mingzhao founded Qingyuan Pharmaceutical Factory, the first pharmaceutical enterprise established in Qingyuan City, marking the beginning of the company's development.
Company Renaming
The company was renamed Qingyuan New North River Pharmaceutical Co., Ltd., marking a significant step in brand building.
Commercialization Production Launch
Started commercial production, changed the nature of the enterprise to a state-owned joint-stock enterprise, and entered a stage of rapid development.
Company Foundation
The company has been renamed Guangdong New North River Pharmaceutical Co., Ltd., completing the shareholding reform and establishing a modern enterprise system.
Group Acquisition
Livzon Pharmaceutical Group Co., Ltd. acquired 60.13% of the company's shares, transforming the company into a private enterprise and opening a new chapter of development.
Group Operation
Livzon Pharmaceutical Group Co., Ltd. holds 92% of the company's shares, and the company name has been changed to Lizhu Group New North River Pharmaceutical Co., Ltd.
Rapid Growth Period
Continuously increasing research and development investment, expanding product lines, launching the Shijiao new factory project, enhancing production capacity, and becoming an important pharmaceutical production enterprise in China.
Innovation Transformation Period
Focusing on innovation driven development, strengthening the construction of key laboratories, promoting internationalization strategies, and moving towards becoming a globally competitive pharmaceutical enterprise group.