Daito Pharmaceutical (China) Co., Ltd. is a joint venture in China established by Daito Pharmaceutical Co., Ltd. (headquartered in Toyama Prefecture, Japan) and Cheer Fine Pharmaceutical Co., Ltd. (Hong Kong). The Company is primarily engaged in the manufacture, sale, and import/export of pharmaceutical products, with a particular focus on generic drugs. In addition to serving as a contract manufacturing organization (CMO) for overseas markets, the Company is progressively expanding its proprietary sales business into both the China domestic market and overseas growth markets.