Shandong Ruisheng Pharmaceutical Co., Ltd., a wholly-owned subsidiary, was established.

Shandong Ruisheng Pharmaceutical Accessories Co., Ltd. completed the merger and acquisition of Liaocheng Luxi Pharmaceutical Accessories Co., Ltd., and established a wholly-owned subsidiary Shandong Ruisheng Pharmaceutical Co., Ltd. on June 24, 2022, which mainly produces corn starch, microcrystalline cellulose, sodium carboxymethyl starch, dextrin and other pharmaceutical accessories.

On October 11, 2022, the company's leaders held a discussion with the heads of various departments of Ruisheng Pharmaceutical to understand the recent work situation and deploy the future work direction and specific work arrangements of Ruisheng Pharmaceutical.

The establishment of Shandong Ruisheng Pharmaceutical Co., Ltd. also means that Ruisheng Pharmaceutical Co., Ltd. has a richer variety of products. In the future, Shandong Ruisheng Pharmaceutical Accessories Co., Ltd. will continue to adhere to the business policy of "customer first, quality first" to provide customers with a wealth of pharmaceutical accessories products.