1996 10 company was renamed Yunnan Baiyao group co., ltd, and the company was rated as "typical state-owned enterprise in 2009", which was the only Yunnan enterprise and pharmaceutical enterprise selected in previous evaluations.
Yunnan Baiyao Group Co., Ltd. is a large industrial and commercial pharmaceutical enterprise in Yunnan and one of the top 50 Chinese patent medicines in China. 1997 was recognized as one of the first 40 large enterprise groups in Yunnan province. 1997 was approved by the Ministry of Foreign Trade and Economic Cooperation, and obtained the import and export right of the enterprise. 1999 was recognized as a high-tech enterprise by Yunnan Science and Technology Commission. 1999 was approved by the Ministry of Personnel to establish Post-Doctoral Research Center. In 2002, it was listed as one of the 10 key pharmaceutical enterprises supported by Yunnan provincial government.
Yunnan Baiyao was founded in 1902 by Mr. Qu, a famous folk doctor in Yunnan. 197 1 year, Yunnan Baiyao factory, the predecessor of the company, was formally established and specialized production of Baiyao began. The company was listed on Shenzhen Stock Exchange on 1993, becoming the first A-share listed company in Yunnan Province. Business involves chemical raw materials, chemical preparations, Chinese patent medicines, Chinese herbal medicines and biological products.