New Ray Medicine International Holding Ltd.

New Ray Medicine International Holding Ltd.

New Ray Medicine International Holding Ltd.

Overview
Date Founded

2012

Headquarters

B-C, 37th Floor,Dikai International Center,19 Dangui Road,Hangzhou, Zhejiang 311112

Type of Company

Public

Employees (Worldwide)

35

Industries

Pharmaceuticals
Holding Companies

Company Description

New Ray Medicine International Holding Ltd. is an investment company, which engages in the distribution and trading of pharmaceutical products. It operates through the following business segments: Injection Drugs; Capsule and Granule Drugs; Tablet Drugs; Marketing and Promotion Services; and Others. The Injection Drugs segment includes the trading of injection drugs. The Capsule and Granule Drugs segment relates to the selling of capsule and granule drugs. The Tablet Drugs segment comprises tablet drugs. The Marketing and Promotion Services segment focuses in the marketing and promotion of services of drugs. The Others segment trades miscellaneous types of goods and drugs, other than injection drugs, capsule and granule drugs, and tablet drugs. The company was founded on August 9, 2012 and is headquartered in Hangzhou, China.

Website

http://www.newraymedicine.com

In The News
RelSci
August 6, 2020
Qiuqin Wang is now serving in a new position at New Ray Medicine International Holding Ltd.
RelSci
August 6, 2020
Zhi Hong Huo has changed positions at New Ray Medicine International Holding Ltd.
RelSci
September 30, 2018
Lai Yin Sy is now serving in a new board position at New Ray Medicine International Holding Ltd.
RelSci
August 9, 2018
Liu Yang is now serving in a new board position at New Ray Medicine International Holding Ltd.
RelSci
July 22, 2017
Ivy LI Sin Ming is now serving in a new board position at New Ray Medicine International Holding Ltd.

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Executives & Employees
See More
Qiuqin Wang

Chief Executive Officer & Executive Director

Liu Yang

Executive Director

Zhi Hong Huo

Executive Director

Kwok Wa Lai

Secretary & Financial Controller

Board of Directors
Liu Yang

Executive Director at New Ray Medicine International Holding Ltd.

Qiuqin Wang

Chief Executive Officer & Executive Director at New Ray Medicine International Holding Ltd.

Chi Kin Leung

Independent Non-Executive Director at New Ray Medicine International Holding Ltd.

Lai Yin Sy

Independent Non-Executive Director at New Ray Medicine International Holding Ltd.

Ivy LI Sin Ming

Independent Non-Executive Director at New Ray Medicine International Holding Ltd.

Zhi Hong Huo

Executive Director at New Ray Medicine International Holding Ltd.

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Coronavirus deaths rising in 30 US states amid winter surge - Associated Press
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New Ray Medicine International Holding Ltd.
Recent Transactions
Details Hidden

Major Bright Holdings Ltd., New Ray Medicine International Holding Ltd. purchase WinHealth International Co Ltd.

Details Hidden

New Ray Medicine International Holding Ltd., Major Bright Holdings Ltd. purchase C&C International Healthcare Group Ltd.

Details Hidden

New Ray Medicine International Holding Ltd. issued HKD Ordinary Shares

Transaction Advisors
Underwriter
Astrum Capital Management Ltd.

Advised onNew Ray Medicine International Holding Ltd. issued HKD Ordinary Shares

Legal Advisor
Conyers Dill & Pearman (Hong Kong)

Advised onNew Ray Medicine International Holding Ltd. issued HKD Ordinary Shares

Auditor
Deloitte Touche Tohmatsu (Hong Kong)

Advised onNew Ray Medicine International Holding Ltd. issued HKD Ordinary Shares
Key Stats and Financials As of 2019
Market Capitalization
$711M
Total Enterprise Value
$541M
Earnings Per Share
$-0.03
Revenue
$119M
Net Profit
$-44.1M
EBITDA
$-21.3M
EBITDAMargin
-17.96%
Total Debt
$2.18M
Total Equity
$654M
Three Year Compounded Annual Growth Rate Of Revenue
-18.43%
Five Year Compounded Annual Growth Rate Of Revenue
-8.6%

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