China Yongxin Pharmaceuticals, Inc. (OTC BB: CYXN), was founded in 1993 as Changchun Yongxin Dirui Medical Co., Ltd. (Yongxin), a wholesale drug distributor. Its products include Chinese traditional medicines, chemical preparations, natural health products, cosmetics and medical equipment. China Yongxin began retail operations in 2001 and, in 2005, gained China's Jilin Province franchise rights from Medicine Shoppe China Inc. By the end of 2007, the Company had become a rapidly growing medicine distributor and retailer in the northeast of China. Currently, the company has five subsidiaries including 93 chain pharmacies.
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