The company's predecessor was Zhenyuantang. It was founded in 1752 AD (17th year of Qianlong in the Qing Dynasty) and has a history of 271 years. “Zhensheng has everything; Yuanshan belongs to all beauty.” The first character of the Tibetan Federation forms the trade name “Zhenyuan.” “Zhen,” taken from Zhou Yi's Baguar, represents the East; “Yuan” is an abbreviation, meaning origin, first, and perfection; “Zhenyuan” has the meaning of “first in the East.” The company is a comprehensive pharmaceutical listed enterprise. Its business forms cover pharmaceutical circulation, pharmaceutical industry, Chinese medicine tablet processing, and health products and services. The company mainly wholesales pharmaceuticals, medicinal herbs, Chinese medicine tablets, medical devices, chemical reagents, etc. Corporate honors: Ranked in the “2018-2019 China Top 100 Pharmacy Chain Comprehensive Strength Enterprises”, “2018-2019 China's Top 100 Pharmacy Chain Direct Operators”, ranked 45th in the “Top 50 Pharmacy Chain Companies” in the 2021-2023 China Pharmaceutical Industry's Most Influential List, 17 directly-managed stores were shortlisted in the “Top 100 Chinese Pharmacies Single Store List”, 2022 Top 100 Wholesale Companies in the Pharmaceutical Distribution Industry by Main Business Revenue (37th), and 49th in the “Top 100 Pharmaceutical Business Enterprises” list of the most influential Chinese pharmaceutical industry in the 2022/2023 list Honorary titles such as No. 288th in the 2023 Zhejiang Business Top 500.