Guangdong Provincial State-owned Assets Supervision and Administration Commission ordered. Inquiring about the enterprise search network, it was found that the involvement of GPHL represented the willingness of the State-owned Assets Supervision and Administration Commission of Guangdong Province to integrate the industry, and in order to save Kangmei Pharmaceutical, GPHL acquired Kangmei. Guangzhou Pharmaceutical Group Co., Ltd. is a wholly state-owned company authorized by Guangzhou Municipal People's Government to operate state-owned assets. It is mainly engaged in the research and development, production and sales of Chinese and western medicines, health products, medical devices, biomedicine, medical services and other products related to medicine as a whole, as well as providing medical health and wellness services.