Found in 2003, Nanhai Langtime Pharmaceutical Co., Ltd. is a modern high-tech pharmaceutical enterprisein, listed as national high-tech industrialization demonstration base by the National Development and Reform Commission in 2004. The research, development and production of pharmaceuticals and cosmetics is the economic entity of the main business in the company with a total area of 255 acres, divided into the production research area, academic exchange area and staff living area according to different functions. The company invests RMB500 million, and the phase I project (mainly used for the production research construction) invests RMB150 million. The company has 3500 square meters of GMP standard workshops, 500 square meters of quality inspection center, and more than 300 pieces of equipment.