[4] Founded in 1971, the Yangtze River Pharmaceutical Group started as a local firm providing drugstores and hospitals with vitamin supplements and pain medication.
[1] In the fiscal year 2014, board shareholders received a record 560% return on investment, and company assets rapidly expanded.
[1] With the company's quickly rising profile, founder Xu Jingren and his extended family—who jointly own a controlling stake in the corporation—have made a number of significant business acquisitions.
In addition to his role as president and primary shareholder of YRPG, Xu Jingren is a member of the National People's Congress[7] and serves as an honorary minister in the Ministry of Health.
He has been recognized as a leading proponent of industrial modernization, worker's rights, and governmental reform within the Chinese Communist Party.