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On March 23, TusHoldings issued an announcement stating that its wholly-owned subsidiary, Chinese Medicine Company, had recently obtained the "Drug Production License" issued by the Hunan Provincial Drug Administration.
The solid comprehensive preparation workshop and comprehensive extraction workshop production line involved in some of the fund-raising projects implemented by the Chinese Medicine Company have passed the on-site inspection of drug GMP compliance by the Hunan Provincial Drug Administration, and completed the modification record of the "Drug Production License".
It is understood that this "drug production license" change filing is based on the new fundraising project implemented by the Chinese Medicine Company "Guben Company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements or statements.