PEOPLES DAILY, Saturday, October 21, 2000
The Beijing Zhangguang 101 Group Company held a ceremony Friday, laying the foundation for its subsidiary, Beijing Zhangguang 101 Scientific and Technological Development Co., Ltd, in the Beijing Economic Development Zone.
Mainly producing haircare products, the Zhangguang 101 has cured 5.21 million people suffering from hair loss throughout the world.
Beijing Zhangguang 101 Group Co., after 13 years' development, has become an export-oriented economic entity with 2,300 workers and staff members and 55 subordinate enterprises.
Set up in 1987, the company involves more than 10 business trades, including real estate, chemical industry, printing, garments, hardware and electric appliances as well as cosmetics and medicines.
In addition, it also devotes to the welfare undertakings in China, and employs many disabled people and laid-off workers.