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Kangmei Pharmaceutical Co., Ltd is a large pharmaceutical company based in Guangdong with headquarters in Puning and Shenzhen. Kangmei Pharmaceutical produces medication and medical equipment, with a focus on traditional Chinese medicine. It is traded on the Shanghai Stock Exchange and had a market capitalization of more than 47 billion RMB in 2019.
In 2019, Kangmei became embroiled in scandal when it disclosed that it had made false statements in past financial reports. The company and several of its employees were penalized by regulators, and the incident raised broader questions about financial regulation in China.
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