TONGRENTANGCM (03613) Receives Traditional Medicine Registration License

Stock News
Sep 26

TONGRENTANGCM (03613) announced that the company recently received a Traditional Medicine Registration License from the Department of Drugs and Food of the Ministry of Health of the Kingdom of Cambodia, authorizing the sale of the company's "Tongrentang Angong Niuhuang Pills" in Cambodia. The "Tongrentang Angong Niuhuang Pills" should be used under the guidance of licensed traditional Chinese medicine practitioners. Additionally, Cambodia's Ministry of Health had previously issued an import license for "Tongrentang Angong Niuhuang Pills." Following the company's acquisition of this license issued by Cambodia's Department of Drugs and Food of the Ministry of Health, the company's "Tongrentang Angong Niuhuang Pills" can now be sold in Cambodia, which will help diversify the distribution channels for the company's key products and benefit the company's market expansion. The acquisition of the aforementioned license will not have a significant impact on the company's production, operations, and performance in the near term. Pharmaceutical sales are susceptible to factors such as changes in Cambodia's policy environment, exchange rate fluctuations, and market competition.

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