Established in 2000,Zhejiang Materials Chongyi Med. & Chem. Co., Ltd.,is a leading pharmaceutical company, focus on production pharmaceutical API, pharmaceutical intermediates and fine chemicals.In 2011 to invest  a new factory in Fujian Province, Fujian Wanke Pharmaceutical Co., Ltd., was established.

The new company is located in the  Jiangle County Economic Development Zone. Wanke pharm will invest RMB one thousand six hundred million by two periods with a floor area of 66666.7 square meters and the building area of 52392 square meters. At present the first period has been completed with the cost of RMB seventy million and four production lines have been set up. While the second period completed, twelve production lines will be set up including pharmaceutical preparation of GMP standard. 

In 2015 Wanke Pharm has been listed in the Key Project Enterprises of Fujian Province.