Qingdao Baheal Medical INC. has completed an IPO in the amount of CNY 401.864 million.

Qingdao Baheal Medical Inc is a China-based company mainly providing comprehensive marketing services for pharmaceutical product manufacturers. The Company provides brand operation, wholesale distribution and retail services for pharmaceutical products. Its brand operation services include consumer education, product academic promotion, marketing planning, business contacts, product distribution, flow tracking and supply chain management services. The Company's wholesale distribution business mainly centers on Qingdao and Beijing, and radiates second-level and above hospitals, community clinics and pharmacies in surrounding cities. Its wholesale distribution products include medicines, Chinese herbal medicine pieces, medical equipment, diagnostic reagents, medical consumables, among others. The Company mainly conducts its business within domestic market.