Joyang Laboratories was established in March 2007. In August 2011, the company became a subsidiary of Huadong Medicine Co.,Ltd (China's top ten listed pharmaceutical and medical companies, stock code: 000963), it is a comprehensive pharmaceutical company integrating R&D, production and sales, located at No.9 Haidu North Road, Sheyang Economic Development Zone, Jiangsu Province, with a factory area of 113,000 square metres and a registered capital of 200.95 million yuan.