On November 12, Dong-E-E-Jiao Co.,Ltd. (000423) announced a university-enterprise collaboration with Shanghai University of Traditional Chinese Medicine to promote technological empowerment and industrial upgrading in traditional Chinese medicine (TCM).
The partnership will focus on research in gelatin-based medicines and herbal pastes, international standard development, talent cultivation, and the preservation and innovation of TCM culture. As part of the agreement, Dong-E-E-Jiao will establish the "Dong-E-E-Jiao Scholarship" at the university to encourage students to excel in academics and research. The five-year collaboration will provide an annual scholarship of 150,000 yuan, totaling 750,000 yuan.
In the first three quarters of 2025, Dong-E-E-Jiao reported revenue of 4.766 billion yuan and a net profit attributable to shareholders of 1.274 billion yuan.
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