When top news reporter Zou Haoyu mentions Shuanghuanglian oral liquid, people are familiar with it. Fusen Pharmaceutical, which produces the drug, is also the largest manufacturer of Shuanghuanglian cold medicines in China. However, the legendary entrepreneurial story of Cao Chan

Top news reporter Zou Haoyu

People are familiar with the mention of Shuanghuanglian oral liquid. Fusen Pharmaceutical, which produces the drug, is also the largest manufacturer of Shuanghuanglian cold medicines in China. However, Cao Changcheng, the legendary leader of Fusen Pharmaceutical, The entrepreneurial story is less well known.

On November 4, Henan Hong Kong-listed company Fusen Pharmaceutical stated in an announcement that Cao Changcheng, chairman of the company's board of directors, executive director, chairman of the nomination committee and member of the remuneration committee, passed away on October 31, 2024.

Cao Changcheng brought a pharmaceutical company on the verge of bankruptcy back to life and led Fusen Pharmaceutical on the road to revitalization. The entrepreneurial spirit of "innovation, responsibility and dedication" is vividly reflected in Cao Changcheng. He is a legendary Henan business representative who keeps pace with the times and pioneers entrepreneurship.

(Source: Dawan News)

[Started as a miner and became the largest Shuanghuanglian cold medicine manufacturer in China]

In 1982, 25-year-old Cao Changcheng, with the blood and passion of young people, resolutely gave up his original job in the Maotang Township Government of Xichuan County, Nanyang. He took the initiative to petition the government leaders and organized people to mine and refine gold in Maotang.

At the end of 1984, Cao Changcheng and his workers sent the adsorbed gold-laden carbon to Tongbai County, and finally smelted 79 taels of gold, ending the history of no gold in Xichuan.

After that, Cao Changcheng's gold mining business gradually got on the right track. In May 1994, Nanyang Great Wall Enterprise Group was established. By 1996, it had become one of the "top ten" enterprises in Xichuan County with an annual production capacity of 58.28 million yuan.

In November 2000, a transfer order promoted Cao Changcheng from the position of "top leader" of Nanyang Great Wall Enterprise Group to chairman of Xichuan Pharmaceutical Group, which was on the verge of bankruptcy.

Cao Changcheng was appointed at the critical moment. He resisted the pressure and firmly grasped the four major events of "production and operation, new drug development, gmp certification , and management efficiency improvement" to carry out drastic reforms of Xichuan Pharmaceutical Group.

In the first year of Cao Changcheng's tenure, Xichuan Pharmaceutical Group turned a profit in one fell swoop on the basis of reducing losses by 50 million yuan. In 2003, Cao Changcheng restructured Xichuan Pharmaceutical Group and established Henan Fusen Pharmaceutical Co., Ltd.

The core product of Fusen Pharmaceutical is Shuanghuanglian cold medicine, including Shuanghuanglian oral liquid and Shuanghuanglian injection.

In July 2018, Fusen Pharmaceutical Co., Ltd. was officially listed on the main board of the Hong Kong Stock Exchange, and has since reached a new level of development.

Top News reporter learned that Fusen Pharmaceutical is currently the largest Shuanghuanglian cold medicine manufacturer and the eighth largest cold medicine manufacturer in China. The sales revenue of Shuanghuanglian oral liquid has reached 35.5% in the domestic market, ranking second in the market; the domestic market share of Shuanghuanglian injection has reached 91.6%, ranking first in the market.

[To run a good business, ultimately it depends on whether you are ambitious and forward-looking]

Entrepreneurship is crucial to the success of a business. An excellent entrepreneur can bring a business back to life.

Cao Changcheng's life was a representative of the legendary Henan merchants. He overcame all obstacles and turned an insolvent pharmaceutical company on the verge of bankruptcy into the largest Shuanghuanglian cold medicine manufacturer in the country. The most precious wealth he dedicated to society was his The entrepreneurial spirit of "innovation, responsibility and dedication" is the core.

Cao Changcheng once said: "It is difficult to run a business well, and it is easy to say it is easy. In the final analysis, it depends on whether there is a sense of professionalism and whether there is foresight. Entrepreneurship is the driving force for enterprises to become bigger and stronger, and foresight can effectively avoid Enterprise in the process of development The phenomenon of confusion about the future appeared, and the company broke through the adversity and reached the goal. "

When Fusen Pharmaceutical initially faced fierce market competition, Cao Changcheng decided to implement the development strategy of "focusing on medicine and developing multiple industries simultaneously" after in-depth research. .

Under his leadership, Fusen Pharmaceutical has worked together and gradually developed into a company whose main business covers the three major industries of "emerging industries, efficient agriculture, and eco-tourism", involving Chinese and Western pharmaceuticals, non-ferrous metal processing, new energy, eco-tourism, Chinese medicinal materials, A diversified comprehensive enterprise group in multiple industries including efficient agricultural planting, finance and real estate.

[Being an enterprise is not only about making products and making profits, but also about serving the society]

"The sea is open to all rivers, and tolerance is great; if you stand on a wall, you will be rigid if you have no desire."

This painting hanging in Cao Changcheng's office reminds him all the time: Only when you are selfless in your heart can you be bright and magnanimous.

Cao Changcheng once said at a company management meeting: "I can neither be a prodigal CEO nor a short-lived star CEO." He does what he says, does not specialize in daily life, and always puts the interests of employees first.

built staff restaurants and bathhouses, provided free meals and bathing, and built self-built family buildings to solve the housing problems of employees... According to an insider at Fusen Pharmaceutical, since Cao Changcheng took office, he has spent more than 200,000 yuan every year to support the children of employees. Go to school for further education.

Cao Changcheng also said: "Being an enterprise is not only about making products and benefits, but also about doing something for society. Only enterprises that dare to assume social responsibilities can go further."

While leading the enterprise to make great strides forward, Cao Changcheng also Passionate about social welfare undertakings, he has invested more than 1 million yuan in recent years to help 94 college students complete their studies; invested more than 4 million yuan to help several administrative villages in Majian and Maotang towns carry out the construction of new socialist countryside; and extensively planted vegetation at the source of the middle route of the South-to-North Water Diversion Project. Ecological greening, protecting water sources and water quality; donating money and materials during the Wenchuan earthquake in Sichuan and the Yushu earthquake in Qinghai...

(Source: Oriental Fortune Network)

Now that he has passed away, the corporate responsibility of Fusen Pharmaceutical has been handed over to his son Cao Zhiming, and society We are full of expectations for the 38-year-old new head of Fusen Pharmaceutical.