Wang Old Kat medicine into Baiyun Mountain Tea national Total Agent

NetEase Financial March 3 News Canton Pharmaceutical 3rd evening issued a notice, Canton Pharmaceutical Holdings 48.0465% of Wang Old Kat Pharmaceutical and Guangzhou Baiyun Mountain Pharmaceutical Co., Ltd. shares 50% of the Baiyun Mountain and Yellow signed, Baiyun Mountain and yellow authorized Wang Old Kat medicine for its production of the Baiyun Mountain Herbal tea products of the national total agents,　　The term of agency lasts from March 1, 2011 to December 31, 2013.　　Guangzhou pharmaceutical Industry said the two sides agreed to set the "recommended retail price", and the terminal retail price should not be lower than the recommended retail price.　　Baiyun Mountain Herbal tea was listed in December 2004, the 2010 sales scale of about 550,000 cases.　　Prior to that, Canton Pharmaceutical group in the "China Intellectual Property Summit Forum and Canton Pharmaceutical group Wang old Jida Health Industry development Planning press conference" announced that its "Wang Lao Ji" brand value by the Beijing brand-name Assets Evaluation Co., Ltd. appraised as 108.015 billion yuan, the current national evaluation of the highest value brand. Guangzhou Pharmaceutical Industry 3rd Low drive low, closed down 4.72%, reported closed at 23.01 Yuan.