One of the oldest Chinese medicine companies, Tong Ren Tang, has now set up 4 new branches of its worldwide chain of Chinese herb shops in Auckland. There was a grand opening on Saturday 27th September and the ribbon was cut by George Andrews, well known New Zealand documentary producer and film maker and Vice President of the New Zealand China Friendship Society.
Tong Ren Tang is listed on the Chinese Stock Exchange as well as on the Hong Kong Stock Exchange.
Hong Kong billionaire Li Ka-Shing is the second largest shareholder.
The shops in Auckland sell an extensive range of medicinal dried Chinese herbs as well as herbal medicine pills manufactured by Tong Ren Tang in China. In addition, there are qualified and experienced Chinese medicine physicians on premises to diagnose and prescribe herbal formulations according the individual needs of the patient.
Peter Goodfellow, President of the National Party, gave an opening speech at the cocktail evening and spoke highly of this new Chinese enterprise and was optimistic about the future of Chinese medicine in New Zealand. Prime Minister John key also met with executives of the company before they returned to China. Perhaps he was trying to get insider trading information before investing his own funds into the company but more than likely just encouraging their future involvement here.
All medicines and herbs imported into New Zealand by Tong Ren Tang have been approved by the various New Zealand government regulatory bodies.
The four Chinese medicine dispensaries and clinics are located in East Tamaki, Newmarket, Northcote and Mount Albert.