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Agreement to Conclude Memorandum of Understanding with China National Pharmaceutical Group Corporation(1/1)
June
17, 2015
Sumitomo Mitsui Banking
Corporation
Sumitomo Mitsui Finance and
Leasing Company, Limited
The
Japan Research Institute, Limited
Agreement to
Conclude Memorandum of
Understanding with
China National Pharmaceutical Group Corporation
TOKYO, June 17,
2015----Sumitomo Mitsui Banking Corporation (SMBC, President & CEO: Takeshi
Kunibe), Sumitomo Mitsui Finance and Leasing Company,
Limited (SMFL, President & CEO: Yoshinori Kawamura), and The Japan Research
Institute, Limited (JRI, President & CEO: Masahiro Fuchizaki)
announced today an agreement to conclude a Memorandum of Understanding with
China National Pharmaceutical Group Corporation (“Sinopharm”,
President: Lulin She) for the purpose of enhancing mutual
cooperation in the medical and healthcare field.
Sinopharm is the largest medical and
healthcare group in China, directly managed by State-owned Assets Supervision
and Administration Commission of the State Council, with the core businesses of
distribution, logistics, retail, scientific research and manufacture of
healthcare related products.
We will leverage this
partnership with Sinopharm to enhance our operations and
further support our clients in Japan planning to operate and invest in the Chinese
medical and healthcare industry. SMBC will strengthen its business platform and
grow its business by providing enhanced services, including accelerating the
number of business matching events. SMFL, which leases medical equipment
through its Chinese subsidiary, sees a great potential for growth in this market.
JRI will strengthen and grow its consulting business platform and business
through the corporation with Sinopharm, among others,
using methodologies in Japan, the fastest aging country in the world with its
birthrate among the lowest, for addressing medical and healthcare issues.
Profile of Sinopharm
Name:
China
National Pharmaceutical Group Corporation
Year
of Establishment: 1998
Address: No.20 Zhichun
Road, Haidian District, Beijing, China