China SXT Pharmaceuticals, Inc. Receives National High-tech Enterprise Qualification
China SXT Pharmaceuticals, Inc. (SXTC)
Company Research
Source: PR Newswire
TAIZHOU, China, Apr. 2, 2019 /PRNewswire/ -- China SXT Pharmaceuticals, Inc. (the "Company") (NASDAQ:SXTC), a specialty pharmaceutical company focusing on the research, development, manufacture, marketing and sales of Traditional Chinese Medicine Pieces ("TCMPs"), announced today that its VIE subsidiary, Jiangsu Suxuantang Pharmaceutical Co., Ltd. ("Taizhou Suxuantang"), has been certified as National High-tech Enterprise (the "Certification") by the Ministry of Science and Technology of the PRC. The Certification is valid for three years and allows Taizhou Suxuantang to enjoy a preferential income tax rate of 15% versus the standard rate of 25%.About China SXT Pharmaceuticals, Inc. Incorporated in 2005 and headquartered in Taizhou City, Jiangsu Province, China, China SXT Pharmaceuticals, Inc. is an innovative pharmaceutical company based focusing on the research, development, manufacture, marketing and sales of traditional Chinese medicine pieces, which is a type of Traditional Chi
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