1997 was approved by Qingdao Economic System Reform Commission [1997] No.5 and China Securities Regulatory Commission (1997) 152 and 153. Qingdao Oriental Trade Building, as the main sponsor, co-sponsored with four other sponsors and made a public offering.
The company's shares were officially listed on the Shenzhen Stock Exchange on May 9, 1997.
In February of 2000 1,1,the company reorganized its original assets, and its main business changed fundamentally, that is, it developed from the original commercial retail field to high-tech fields such as medicine and chemical industry. The current business scope is: pharmaceutical industry investment, network investment, equity investment management, research and development and transfer of biopharmaceutical technology; Domestic commerce (except commodities prohibited, franchised or specially controlled by the state); Rental of venues and facilities; Import and export business, feed processing and "three supplies and one supplement" business, counter trade and entrepot trade.
On May 22, 2008, the company name was changed from Plo Kangyu Co., Ltd. to Plo Co., Ltd.
On August 7 and August 22, 2006, 5438+0, the former controlling shareholder of the company, Qingdao Supply and Marketing Cooperatives, transferred the company's equity to Shanghai Guang Tai Investment Development Co., Ltd. (now renamed Zhejiang Guang Tai Industrial Development Co., Ltd.) with 32.298 million shares (accounting for 226.5438+06% of the total share capital) and Dongyang Hengtong Investment Co., Ltd. with 654.38+058 million shares (accounting for) 438+00 Qingdao Foreign Economic Relations and Trade Corporation has 3.06 million shares (accounting for 2. 10% of the total share capital) and Hengdian Group Co., Ltd. (later renamed Nanhua Development Group Co., Ltd.)102.02 million shares (accounting for 7% of the total share capital).
After the replacement of the company's assets, the corporate governance structure of the company has been further improved in accordance with the requirements of the Corporate Governance Standards for Listed Companies, including: First, the company's share capital structure tends to be reasonable, changing the phenomenon of "one share dominates"; Secondly, it changed the situation of "insider control" of the original board of directors and established an independent director system; Third, the investor relationship has been improved and strengthened, and the investor relationship management has been incorporated into the company's daily management activities, strengthening the relationship between relevant stakeholders; Fourth, the internal control mechanism of the company has been strengthened, the internal management system has been improved, and the standardized operation and healthy development of the company have been promoted; Fifth, while the economic benefits are increasing year by year, we should protect the legitimate rights and interests of investors and implement cash dividends every year.
On February 15, 2006, the company implemented the share-trading reform, which completely solved the institutional obstacle of corporate governance lacking common interests. From the perspective of protecting the legitimate rights and interests of investors, respecting minority shareholders and increasing the transparency of the company, the company adopted online voting, online roadshows and other ways to close the relationship with investors, which enabled the healthy development of corporate governance and successfully obtained refinancing in the capital market in 2007.