Eu Yan Sang
| Type | Public |
|---|---|
| Founded | 1879 |
| Headquarters | South Bridge Road, Singapore |
Eu Yan Sang (Chinese: 余仁生; pinyin: Yúrénshēng) is a company that specialises in traditional Chinese medicine. It currently runs more than 160 retail outlets in Hong Kong, Macau, China, Malaysia, and Singapore, plus two factories in Hong Kong and Malaysia. The group also operates 21 TCM clinics in Malaysia and Singapore and two integrative medical centres in Hong Kong.
The holding company, Eu Yan Sang International Limited, has been listed on the mainboard of the Singapore Exchange since 2000.
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[edit] History
In the 1870s, founder Eu Kong Pai, better known as Eu Kong, left the village of Foshan in Guangdong, China and settled down in the small mining town of Gopeng, Perak. He noticed that the local tin mine coolies were heavily dependant on opium as the easiest method for immediate relief for their medical needs. The majority were illiterate and oblivious to the dangers of opium to their health. Eu Kong brought in herbal remedies to nurse their health, thus the set up of ‘Yan Sang’ shop. Eu Kong opened his first Chinese medicine shop in 1879 in Gopeng.[1]
In 1890, Eu Kong’s eldest son, Eu Tong Sen inherited the family business, but only took over the running of business in 1898. Eu Tong Sen was heavily involved in Malaya’s tin mining industry. His prospecting of tin in Kampar led him to open a second medicine shop in Kampar, Perak in Malaya. Eventually, Eu Tong Sen expanded the family business of traditional Chinese medicine to other parts of Malaya, Singapore, Hong Kong and Southern China. In Singapore, a main street in Chinatown is named after Eu Tong Sen.[1]
[edit] Etymology
The name of the company that Eu Kong started is made up of the words "Yan" and "Sang". The former means benevolent, kind or humane in Chinese while the latter represents birth, life or livelihood. "Yan Sang" literally means caring for mankind.
[edit] Business groups
[edit] Retail
Eu Yan Sang has a distribution network of more than 160 retail outlets in Hong Kong, Macau, Guangzhou, Malaysia, and Singapore. Some Eu Yan Sang products are also carried in pharmacies, medical halls, supermarkets, convenience stores, hospitals, health clubs and spas.
[edit] Manufacturing
Eu Yan Sang has two factories in Hong Kong and Malaysia. Eu Yan Sang’s manufacturing facility in Malaysia is operated by a wholly owned subsidiary company, Weng Li Sdn Bhd. In 2006, Eu Yan Sang invested HK$110-million in a 130,000 sq ft (12,000 m2) manufacturing plant in Yuen Long, Hong Kong. This concentration and extraction facility also has its own laboratory facilities for research and development.
[edit] Clinics
The group operates 21 TCM clinics in Singapore, Malaysia and two integrative medical centres in Hong Kong, with practitioners trained in Chinese medicine. These clinics offer services such as acupuncture, tui na, and dispensation of TCM prescriptions.
[edit] See also
[edit] External links
[edit] References
- ^ a b Sharp, Ilsa (2009), Path Of The Righteous Crane: The Life & Legacy Of Eu Tong Sen, Landmark Books, ISBN 9789814189224
- Carlock, Randel (March 2006), Eu Yan Sang - Healing a Family & Business, http://knowledge.insead.edu/abstract.cfm?ct=16212
- Lau, Geok Theng; Ho, Jonathan Gerard (2004) (PDF), Traditional Remedies Made Contemporary: Re-designing Eu Yan Sang, National University of Singapore[1] & DesignSingapore Council[2], http://www.designsingapore.org/biz_casestudies/FINAL%20-%20Eu%20Yan%20Sang.pdf
- Lau, Lorett B.Y.; Wong, Y.H. (Hong Kong Polytechnic University) (2000), Eu Yan Sang (Hong Kong) Limited, 4 (issue 2), Asian Case Research Journal: John Wiley & Sons (Asia) Pte Ltd, ISBN 0218-9275/00/040121-14, http://www.asiacase.com/ecatalog/NO_FILTERS/page-PLACE-570814.html
- Chung, Stephanie (Hong Kong Baptist University) (2005), Changes and continuities. Evolution of a Chinese family business, 3 (no. 2), pg 259-268, Asia Europe Journal: Springer Berlin / Heidelberg, ISBN 1610-2932, http://www.springerlink.com/content/m4h3847155332474/
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