1995, 1 1 In June, Li Yongsheng was transferred to the former Shangluo Pharmaceutical Factory on the verge of bankruptcy. 1In May 1998, the pharmaceutical factory was successfully transformed into Shaanxi Xiangju Pharmaceutical Co., Ltd., and Shaanxi Xiangju Pharmaceutical Group was formally established in April 2006. The scale of production and operation of enterprises has been expanded and developed unprecedentedly. At present, it has developed from a single drug production in the past to a diversified, industrialized and large-scale enterprise group integrating drug research and development, medicinal material cultivation, drug production, decoction pieces processing, drug circulation, catering and entertainment, drinking water sales, real estate and property management, and chemical mining. Now it has total assets of 654.38+63 billion yuan, registered capital of 28.92 million yuan, and employees 1000.

In recent years, in view of the continuous downturn of the pharmaceutical industry, Li Yongsheng decisively put forward the strategic decision of "walking on two legs". On the one hand, he continued to strengthen drug research and development, speed up the transformation of production automation, strengthen the job skills training of employees, broaden the drug circulation channels, dig deep into the drug sales potential, and strive to move forward in the wave of the pharmaceutical market. On the other hand, actively deploy personnel and funds to enter emerging fields and sunrise industries such as catering and entertainment, drinking water, real estate, mining and chemical industry, and property management. To improve industrial shortage and resist economic risks. Especially since it entered the real estate field, it has successively operated "Xiangjuyuan Residential Area Project", "Medicine Storage Logistics Project" and "Lin Bing Affordable Housing Project". Up to now, 496 sets of commercial housing and 46 sets of affordable housing have been successfully developed, which not only improves the economic benefits of enterprises, but also injects new vitality into Shangluo's economic development.