The “Gushengtang TCM Culture Promotion Fund” was established by the Guangdong Song Qingling Foundation

March

• Gushengtang officially launched the “National Medical Academy” to empower and improve the clinical skills of young doctors

• The Gushengtang Youth Scholar Committee was established, with renowned TCM master Shi Shuhe serving as Chief Advisor

May

Gushengtang formed a medical alliance partnership with Heilongjiang University of Chinese Medicine

Future

More exciting developments to come...

Awarded “Best IR Hong Kong Listed Company” at the 6th New Fortune Awards

June

The Medical Consortium Work Committee under the World Federation of Chinese Medicine Societies was established to accelerate the development of TCM consortia. Gushengtang Chairman Lu Zhizhong was appointed Vice Chairman

July

• Gushengtang entered into a strategic partnership with Baidu to advance large-scale AI model development for Traditional Chinese Medicine

• Gushengtang formed a strategic collaboration with the Evidence-based Medicine Center of the China Academy of Chinese Medical Sciences and the West China Hospital of Sichuan University to initiate integrated clinical research and innovative TCM drug development

October

Gushengtang formed a strategic partnership with Hunan University of Chinese Medicine and its First Affiliated Hospital for integrated medical alliance collaboration

November

• Gushengtang signed a cooperation agreement with Wenzhou City Hospital of Integrated Chinese and Western Medicine to deepen the development of medical consortiums

• Gushengtang signed a cooperation agreement with Dazhou City Administration of Traditional Chinese Medicine and Dazhou Vocational College of TCM to collaborate on talent training and industry-academia research

December

• Ranked among the “Top 100 Growth Public Companies of 2023” by Xueqiu

• Awarded the “Annual Healthcare Consumer Enterprise” title by Titanium Media

• Gushengtang National Expert Committee was officially established, with renowned TCM masters Zhou Daiyin and Shi Shuhe appointed as honorary chairpersons

In response to the COVID-19 outbreak in Shanghai, Gushengtang organized a 30-member anti-pandemic medical team to support the city

July

Gushengtang experts Professors Shi Shuhe, Yan Shiyi, and Lin Wei were honored with the title of “National TCM Master”

November

• Gushengtang signed a framework agreement with Zhejiang Jinke Holding Group and other partners to jointly establish a RMB 1 billion TCM industry investment fund

• Signed a medical alliance cooperation agreement with Suzhou TCM Hospital to jointly establish a TCM quality control alliance for the integrated Yangtze River Delta region

December

Gushengtang’s first in-hospital formulation — “Tongqiao Biyan Shufeng Granules” — was officially filed and approved

• Formed a strategic partnership with Shandong Normal University and established the “Gushengtang TCM Talent Education Fund”

• In response to the pandemic in Guangzhou, Gushengtang supported mass nucleic acid testing across districts

December

Gushengtang was successfully listed on the Main Board of the Hong Kong Stock Exchange, stock code 02273.HK

• Signed a strategic cooperation agreement with Gongyi TCM Outpatient Department of Shanghai University of Traditional Chinese Medicine

• Gushengtang TCM Chain Management Group and Gushengtang TCM Supply Center were selected for the Guangdong Province and Guangzhou City key production enterprise recommendation list for epidemic prevention materials

June

Co-established a gynecology specialty clinic with the First Affiliated Hospital of Guangzhou University of Traditional Chinese Medicine

July

• Collaborated with Nansha District of Guangzhou to build a TCM Internet Hospital

• Formed strategic partnerships with China Development Bank and Industrial and Commercial Bank of China, and partnered with Tencent Smart Retail and BaiLu TCM

December

Ranked 5th in VCBeat’s “Top 100 Future Healthcare Companies” list

Signed a strategic cooperation agreement with China Resources Sanjiu

February

Signed a strategic cooperation agreement with Tasly Holding Group

March

• Signed a medical alliance cooperation agreement with Putuo District Central Hospital Affiliated to Shanghai University of Traditional Chinese Medicine

• Awarded “China’s Only Unicorn in TCM Healthcare” by VCBeat, ranked TOP 1 among all unlisted TCM service companies

December

Ranked 11th on VCBeat’s “Top 100 Future Healthcare Companies” list

• Gushengtang Chairman Lu Zhizhong was elected as a member of the 12th Guangdong Provincial Committee of the CPPCC (Science and Technology sector)
• Completed D-round financing: RMB 1.1 billion in equity + RMB 500 million in convertible bonds

April

• Signed a specialty disease collaboration agreement with Fujian University of Traditional Chinese Medicine
• Became a leading unit of the Medical Industry Development Committee under the World Federation of Chinese Medicine Societies

July

Signed a medical alliance cooperation agreement with Shuguang Hospital Affiliated to Shanghai University of Traditional Chinese Medicine

September

Gushengtang officially inaugurated its Academic Hall at Guangzhou University of Chinese Medicine

November

• Signed a national strategic cooperation agreement with Dong’e Ejiao Co., Ltd.
• Ranked 16th on VCBeat’s “Top 100 Future Healthcare Companies” list

• Completed Series D financing: RMB 510 million in equity and RMB 500 million in convertible bonds from Central Huijin and three top domestic financial institutions

• Formed a specialty infectious disease collaboration with the First Affiliated Hospital of Guangzhou University of Chinese Medicine

December

• Co-established an integrated TCM center with Longhua Hospital affiliated to Shanghai University of Traditional Chinese Medicine

• Partnered with Nanjing University of Chinese Medicine to launch the “Nanjing Gushengtang Southwest Clinic”

Secured USD 70 million in Series C financing led by the largest U.S. healthcare fund, with follow-on investment from China Ping An

April

Formed strategic partnerships with Nanjing University of Chinese Medicine and Fujian University of Traditional Chinese Medicine

May

Entered into a strategic cooperation with Shanghai University of Traditional Chinese Medicine

August

Launched the first government co-funded branch — Gushengtang Zhongshan West District Branch Hospital

December

Co-established a specialty infectious disease clinic with the Shanghai University of Traditional Chinese Medicine Affiliated Yueyang Hospital

Raised USD 30 million in Series B financing from Sequoia Capital

June

Signed a strategic cooperation agreement with Wuxi Spring Health Hall to jointly develop the Yangtze River Delta

July

Formed a strategic alliance with Guangdong Provincial Hospital of Integrated Traditional and Western Medicine

August

Signed a specialist outpatient cooperation agreement with Guangdong Provincial Hospital for infectious disease treatment

• Collaborated with Guangdong Provincial Hospital of Traditional Chinese Medicine to launch the “TCM Treatment of Difficult Diseases Technical Cooperation Project”

• Hosted by Gushengtang, the “Capital and TCM Health Industry Development Forum” attracted over 10 well-known investment institutions

July

Co-established the “Gushengtang Guangzhou University of Chinese Medicine Shenzhen Training Institute” with Guangzhou University of Chinese Medicine

August

Secured investment of tens of millions of US dollars from NEA (New Enterprise Associates), one of the largest venture capital firms in the United States

May: Launched the GuShengTang Long Card in Beijing.

June

June: Opened the third branch, "GuShengTang Shenzhen Nanshan Branch," in Shenzhen.

October

October: Jointly established the "Guangzhou University of Chinese Medicine GuShengTang Branch" with Guangzhou University of Chinese Medicine.

Established the first domestic inheritance and training scholarship in collaboration with Guangzhou University of Chinese Medicine.

February

Opened the second branch, "Gushengtang Shenzhen Zhulin Branch," in Shenzhen.

November

80% of the headquarters of banks and insurance groups across the country purchased Gushengtang Traditional Chinese Medicine services.

The first branch, "Gushengtang Traditional Chinese Medicine Hospital," was established in Beijing.

October

Awarded the title of "National Model Unit for End-of-Life Disease Health Management" and "World Acupuncture Federation Clinical Practice Base."established in Beijing.

Gushengtang was officially established.