Abstract
Health has always been one of people’s demands for a high quality of life. For thousands of years, both Chinese and Western medicine have accumulated a lot of medical knowledge and ideas. However, due to the weakness of China in the past century, Chinese medicine has become irrelevant. However, with the outbreak and persistence of COVID-19 and China’s actions in the fight against the epidemic, people have further realized the importance of health, and TCM has again entered people’s field of vision. Taking Company Y as an example, this paper analyzes the listing feasibility of Company Y from its macro environment, basic overview, advantages and disadvantages in the industry, financial indicators, enterprise valuation and other aspects. Then, based on the above analysis and combined with the development trend and recent development goals of the enterprise, it concludes that under the current macro and micro environment, Company Y can and should be encouraged to list on the New Third Board, with a stock price of about 7 yuan and a price-earnings ratio of about 25 times.
Highlights
In recent years, TCM, as a unique resource in China, has played an increasingly important role in China’s economic and social development
A series of policies for traditional Chinese medicine industry to build a good environment for development, to the traditional Chinese medicine industry in our country have created a new space to grow up
During the anti-epidemic period, the demand of traditional Chinese medicine represented by Lianhua Qingwen Capsules soared in the domestic and international markets, and the related secondary market share price rose in the lead
Summary
TCM, as a unique resource in China, has played an increasingly important role in China’s economic and social development. To further improve the TCM service system, the Conference adopted the Pharmaceutical Law of the People’s Republic of China, which came into effect on July 1, 2017. A series of policies for traditional Chinese medicine industry to build a good environment for development, to the traditional Chinese medicine industry in our country have created a new space to grow up
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
