APAC Pharmaceuticals established a holding company in Zhejiang.

According to the Qichacha APP, recently, Zhejiang Yataili Zhong Holdings Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes: holding company services; engaging in investment activities with its own funds; and asset management services for investments made with its own funds. According to the equity penetration displayed on Qichacha, the company is wholly owned by Asia Pacific Pharmaceuticals.