The company was approved by the Finance and Trade Office of the Shanghai Municipal People's Government and the Shanghai Economic System Reform Office on December 28, 1992, and was restructured from Shanghai Kaikai Company to a limited liability company with targeted recruitment. On December 19, 1996, with the approval of the China Securities Regulatory Commission, the company issued 80 million domestically listed foreign shares (“B shares”) to overseas investors, each with a face value of RMB 1. The publicly issued B shares were listed on the Shanghai Stock Exchange in January 1997. The company has a dual main business model with pharmaceutical distribution and service and clothing wholesale and retail as the core, and is subordinate to two major sectors: pharmaceuticals and apparel. The company's main product business is mainly wholesale and retail business and health service business, covering Chinese and Western pharmaceuticals, medical devices, reagent consumables, diagnosis and treatment services, etc.; the clothing sector is mainly engaged in wholesale and retail sales of shirts, cardigans, and clothing series with time-honored Chinese brands, as well as group buying and customizing tooling. Corporate honors: The Kaikai Silk Scarf series was certified as a product of the “Shanghai Gift” brand, and Kaikai won the honor of “Shanghai's First Economic Leading Brand”, and “Customized Processing Service for Ointment Formulations” became the only traditional Chinese medicine service brand in the “Shanghai Brand” certification. This is also after winning the “Shanghai Quality Gold Award”, “Shanghai Famous Brand” and “Shanghai Famous Trademark”, Lei Yun once again showed the world the upward strength of the century-old brand. There are many awards and honors, such as “Shanghai Top Ten Brands for Corporate Culture Innovation” and “Shanghai Brand (Customized Ointment Processing Service)”.