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On July 21, Buchang Pharmaceutical issued an announcement stating that the wholly-owned subsidiary Tonghua Guhong Pharmaceutical Guhong Injection will be transferred out of Hebei Province Medical Insurance Catalog on June 30, 2021
Kingtag for the treatment of cerebrovascular disorders such as cerebral insufficiency, cerebral thrombosis, cerebral embolism and cerebral hemorrhage recovery; low awareness of liver function, neurosurgery and other causes of mental deterioration, memory disorders
The impact of the company's drug withdrawal from Hebei Medical Insurance on the company's operating performance is temporarily impossible to estimate, and it will not have a significant impact on the company's performance in the short term