Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) Angong Niuhuang Pill has raised its price since April 1. The manufacturer responded that it was caused by the rise in the price of raw materials

According to a document entitled “notice on the pricing of high-quality Angong Niuhuang pills” circulated in the market recently, Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) decided to adjust the price of high-quality Angong Niuhuang pills, and the new price will be implemented from April 1.

It is reported that Angong Niuhuang Pill (double natural wooden box 3G pill) × 1 pill / box × 6 boxes) will be increased to 10080 yuan / box, Angong Niuhuang Pill (double natural wooden box 3G pill) × 1 pill / box × 2 boxes) adjust to 3360 yuan / box, Angong Niuhuang Pill (double natural iron box 3G pill) × 1 pill / box × 6 boxes) will rise to 5880 yuan / box.

In this regard, the reporter of China Securities News asked the company for confirmation on March 8. A salesperson of Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) manufacturer told the reporter that it was true that the rise in product prices was caused by the rise in raw material prices. The salesperson said that the price of raw materials of Angong Niuhuang Pill increases every year, and each price increase of Angong Niuhuang Pill products of the company is caused by the price increase of raw materials.

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