Huabei Pharmaceutical Group Co., Ltd. (hereinafter referred to as: Huayao group) is located in Shijiazhuang, the capital of Hebei Province. The predecessor of Huabei pharmaceutical factory is a key construction project during the first five year plan period in China. It began to prepare for construction in June 1953, and was completed and put into operation in June 1958. It created a history of large-scale production of antibiotics in China, and made important contributions to the cause of human health, the development of national pharmaceutical industry and the change of the situation of lack of medicine in China. In 1992, Huabei Pharmaceutical Co., Ltd. was reorganized and established. In 1994, it was listed on the Shanghai Stock Exchange (Stock Name: Huabei pharmaceutical 600812). In January 1996, Huabei pharmaceutical factory was officially transformed into a wholly state-owned company, Huabei Pharmaceutical Group Co., Ltd. In June 2009, with the approval of Hebei provincial government, Jizhong energy group implemented the reorganization of Huayao group.