Laobaixing to invest 5.1 million yuan in project company to develop pharmacy-plus new business format

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Summary · why it matters

Laobaixing announced on October 9 that it plans to jointly establish Changsha Zuobiao Limited Partnership with some directors and senior management personnel, and the partnership will set up a project company, Hunan Huoli Zuobiao Commercial Operation Management Co., Ltd., with registered capital of 10 million yuan. Laobaixing will contribute 5.1 million yuan in cash, holding a 51 percent stake. The project aims to explore a pharmacy-plus integrated new business format, drive a new growth curve for the company, and meet the needs of young and middle-aged sub-health customer groups. This transaction constitutes a related-party transaction, mainly involving company director Tan Jian and senior management personnel Su Shiyong, Chen Lishan, and Feng Shini. In the first half of 2026, Laobaixing achieved revenue of 10.998 billion yuan and net profit attributable to the parent company of 447 million yuan.

Impact on assets 1

Others▲
Laobaixing Pharmacy
603883
▲ PositiveCapitalrelevance

Laobaixing will invest 5.1 million yuan for a 51% stake in a new project company to explore a pharmacy-plus business format.

Off-coverage companies 2

湖南活力坐标商业运营管理有限公司i
Private▲ PositiveCapitalrelevance

Hunan Huoli Zuobiao is the newly established project company receiving 10 million yuan registered capital to develop the pharmacy-plus format.

长沙坐标有限合伙企业i
Private▲ PositiveCapitalrelevance

Changsha Zuobiao Limited Partnership is being jointly established to set up the project company for the pharmacy-plus venture.