CHINA TOPIX

12/26/2024 11:03:47 pm

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Shanxi Bicon Pharmaceutical Group

Jiujiujiu manufactures chemicals and advanced pharmaceutical ingredients

Pharma Entrepreneur-Couple Join China's Billionaire Rank

Entrepreneurs Li Zongsong and his wife Gu Xiaojia have emerged as China's newest billionaires following a successful bid for their pharmaceutical firm in December. The husband and wife own a combined 38% stake in the Shenzhen-listed company Jiangsu Jiujiujiu Technology following a stock swap after finalizing the sale of their Shanxi Bicon Pharmaceutical Group shares to Jiujiujiu.

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