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• Case | HBS Case Collection | February 2018 (Revised April 2018)

  Yunnan Baiyao: Transforming a Chinese State-Owned Enterprise

  Michael Chu, William C. Kirby, Nancy Hua Dai, Yuanzhuo Wang, Michael Chu, William C. Kirby, Nancy Hua Dai and Yuanzhuo Wang

  This case tells the story of how Wang Minghui, Chairman of Yunnan Baiyao Group since 1999, transformed a single-product traditional Chinese medicine (TCM) state-owned enterprise (SOE) into a major diversified consumer health player in China's highly competitive fast-moving consumer goods market. The case also traces the development of the company from a private business to a SOE and then to a SOE under mixed state-private ownership.

  Keywords: state-owned enterprise (SOE); competition; traditional chinese medicine; Yunnan; Yunnan Baiyao; consumer health; enterprise transformation; Transformation; Health; Business History; State Ownership; Private Ownership; Business Strategy; Commercialization; Competition; Consumer Products Industry; Health Industry; Pharmaceutical Industry; China;

  Citation:

  Chu, Michael, William C. Kirby, Nancy Hua Dai, and Yuanzhuo Wang. "Yunnan Baiyao: Transforming a Chinese State-Owned Enterprise." Harvard Business School Case 318-078, February 2018. (Revised April 2018.)  View Details

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• Case | HBS Case Collection | February 2018 (Revised April 2018)

  Yunnan Baiyao: Transforming a Chinese State-Owned Enterprise

  Michael Chu, William C. Kirby, Nancy Hua Dai, Yuanzhuo Wang, Michael Chu, William C. Kirby, Nancy Hua Dai and Yuanzhuo Wang

  This case tells the story of how Wang Minghui, Chairman of Yunnan Baiyao Group since 1999, transformed a single-product traditional Chinese medicine (TCM) state-owned enterprise (SOE) into a major diversified consumer health player in China's highly competitive fast-moving consumer goods market. The case also traces the development of the company from a private business to a SOE and then to a SOE under mixed state-private ownership.

  Keywords: state-owned enterprise (SOE); competition; traditional chinese medicine; Yunnan; Yunnan Baiyao; consumer health; enterprise transformation; Transformation; Health; Business History; State Ownership; Private Ownership; Business Strategy; Commercialization; Competition; Consumer Products Industry; Health Industry; Pharmaceutical Industry; China;

  Citation:

  Chu, Michael, William C. Kirby, Nancy Hua Dai, and Yuanzhuo Wang. "Yunnan Baiyao: Transforming a Chinese State-Owned Enterprise." Harvard Business School Case 318-078, February 2018. (Revised April 2018.)  View Details

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• Case | HBS Case Collection | January 2018 (Revised March 2018)

  Wenzhou Kangning Hospital: Changing Mental Healthcare in China

  William C. Kirby, Wei Zhang, Yuanzhuo Wang, Nancy Hua Dai, William C. Kirby, Wei Zhang, Yuanzhuo Wang and Nancy Hua Dai

  The city of Wenzhou in the Province of Zhejiang, long known in China for entrepreneurship, now hosts the country’s largest privately owned mental health hospital group. This case traces the development of Wenzhou Kangning Hospital Co, Ltd. from founding to just before its initial public offering to illustrate the extraordinary entrepreneurship happening in China’s healthcare space. It highlights the challenges of China’s mental health sector and the means company founder Guan Weili employed to address some of them. How will the hospital grow in the future?

  Keywords: mental health; hospital; IPO; China; Zhejiang; Wenzhou; private healthcare; private hospital; Health Care and Treatment; Private Ownership; Corporate Governance; Growth and Development; Entrepreneurship; Health Industry; China;

  Citation:

  Kirby, William C., Wei Zhang, Yuanzhuo Wang, and Nancy Hua Dai. "Wenzhou Kangning Hospital: Changing Mental Healthcare in China." Harvard Business School Case 318-054, January 2018. (Revised March 2018.)  View Details

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