Company Profile of Inner Mongolia Yongbang Pharmaceutical Co.,Ltd

Inner Mongolia Yongbang Pharmaceutical Co., Ltd, established in August 2019 with a registered capital of 30 million RMB, is a high-tech enterprise focusing on the R&D, manufacture and sale of veterinary API.

The company is located in Yuanbaoshan Industrial Zone, Chifeng City, Inner Mongolia Autonomous Region. The project is on a total land size of 66,667 square meters, including two stages of developments. 

The first stage, with an investment of 105 million RMB, was completed and put into operation in May 2021, including office building, production workshops, finished product warehouse, raw material warehouse, waste-water treatment facility and other supporting systems. With stage one workshops being fully operational, the company can achieve an annual turnover of 280 million RMB, whilst at the same time providing employment opportunities for more than 100 people. 

The next stage development planning is well under way with the company looking to start Stage two in May 2023 and investing a further 145 million RMB in building five more production workshops and supporting facilities.