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Qilian International Holding Group Limited Announces Inclusion of 16 Products into China's National Reimbursement Drugs List

Published: Apr 13, 2021
Jiuquan, China, April 13, 2021 (GLOBE NEWSWIRE)
Qilian International Holding Group Limited (Nasdaq: QLI) (the “Company”), a China-based pharmaceutical and chemical products manufacturer, today announced that 16 of its products have been included in the latest version of the National Reimbursement Drugs List in China, such as aspirin enteric-coated tablets for coronary heart disease treatment, and nitrofurantoin enteric-coated tablets for the treatment of urinary tract infections. In addition, 10 out of these 16 products have been included in the latest version of the National Essential Medicines List in China.
National Reimbursement Drug List is the list of products eligible for reimbursement in China, as maintained by the National Healthcare Commission of China. The National Essential Medicines List is one of the core contents of the essential medicines system. The system requires that all government-run primary health care institut ....

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Qilian International Holding Group Limited Reports Fiscal Year 2020 Financial Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Qilian International Holding Group Limited Reports Fiscal Year 2020 Financial Results
Qilian International Holding Group LimitedFebruary 11, 2021 GMT
Jiuquan, China, Feb. 11, 2021 (GLOBE NEWSWIRE) Qilian International Holding Group Limited (Nasdaq: QLI) (the “Company”), a China-based pharmaceutical and chemical products manufacturer, today announced its financial results for the fiscal year ended September 30, 2020.
Mr. Zhanchang Xin, Chairman and CEO of the Company, commented: “We are pleased with our fiscal year 2020 financial results as we recorded revenue of US$50 million, which was in line with our expectations. The past year was a difficult year for our Company due to the challenges of COVID-19 pandemic, but we continued to grow our business, execute on our strategic priorities, and deliver value to our partners, customers and shareholders. It demonstrates ....

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Qilian International Holding Group Limited to Triple Organic Fertilizer Production Capacity by ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Qilian International Holding Group Limited to Triple Organic Fertilizer Production Capacity by .
Qilian International Holding Group LimitedFebruary 8, 2021 GMT
Jiuquan, China, Feb. 08, 2021 (GLOBE NEWSWIRE) Qilian International Holding Group Limited (Nasdaq: QLI) (the “Company”), a China-based pharmaceutical and chemical products manufacturer, today announced that the Company will complete the first phase expansion of its new organic fertilizer production facility and put it into production in Jiuquan City, Gansu Province by March 2021. The Company expects to triple its organic fertilizer production capacity upon completion of its first phase expansion. ....

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Qilian International Holding Group Limited Announces Closing of Initial Public Offering

Qilian International Holding Group Limited Announces Closing of Initial Public Offering
Qilian International Holding Group Limited
Jiuquan, China, Jan. 14, 2021 (GLOBE NEWSWIRE) Qilian International Holding Group Limited (the “Company”) (Nasdaq: QLI), a China-based pharmaceutical and chemical products manufacturer, today announced the closing of its initial public offering ( Offering ) of 5,000,000 ordinary shares at a public offering price of US$5.00 per share.
The Company received aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 750,000 ordinary shares at the public offering price, less underwriting discounts. The ordinary shares began trading on the Nasdaq Global Market on January 12, 2021 under the ticker symbol “QLI”. ....

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China's pharmaceutical producer Qilian International debuts on Nasdaq - Buz & Tech News

2021-01-13 03:12:41 GMT2021-01-13 11:12:41(Beijing Time) Xinhua English
NEW YORK, Jan. 12 (Xinhua) Qilian International Holding Group Limited, a China-based pharmaceutical and chemical products manufacturer, made its public debut on Nasdaq Global Market on Tuesday under the ticker symbol QLI.
The deal involved 5 million ordinary shares at a price of 5 U.S. dollars per share, according to the company s prospectus.
The company expects to receive aggregate gross proceeds of 25 million dollars from its initial public offering (IPO) before fees. The company has granted the underwriters a 45-day option to purchase up to an additional 750,000 ordinary shares at the IPO price. The deal is expected to close on or around Thursday. ....

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