Venturepharm Laboratories Limited is a investment holding company. The Company鈥檚 subsidiary include Beijing Dezhong VP Technology Development Co Ltd, which is engaged in the research and development of new drug preparation, raw materials, supplementary materials and biodrugs technological transfer and services; Venovo Pharma US Inc., which is a investment holding company; Hanzhong Venturepharm Pharm-Chemical Company Limited, which is engaged in Sales and manufacturing of active pharmaceutical ingredients products, and Hainan Sinican Bio-labs Limited, which is engaged in the research, development and production of drugs, natural drugs and synthetic drugs; technological transfer of and services for the research and development of biodrugs, natural drugs and synthetic drugs; pharmacodynamic and clinical research of drugs.