January 30, 2019, Shanghai, China—HTDK held a press conference today to announce the official renaming of its former DKSH China Healthcare business unit to HTDK Commercial (Shanghai) Co., Ltd., introducing the new company and brand name, “HTDK.” The unveiling of the new company branding and logo marks the start of an exciting new era for the company, reflecting its innovative spirit and fresh outlook.

HTDK provides leading, comprehensive solutions to the healthcare industry, focusing on medical devices, over-the-counter (OTC) products, consumer healthcare, and pharmaceuticals. Its services encompass market access, channel development, sales and marketing, temperature-controlled logistics, and supply chain management.

The character “瑭” in the new company name means “jade” in ancient Chinese, symbolizing purity of character, resilience, and great potential. The name “HTDK” represents the company’s ambition to serve the Chinese market with high-quality products and services, aiming for rapid and sustainable growth. The new brand logo, based on the initials “HT,” interweaves and overlaps to form the shape of a bridge, symbolizing HTDK’s role in connecting clients with the market and driving their business growth. The logo features the auspicious color red, reflecting vitality and innovation, and embodies the company’s forward-thinking, breakthrough spirit.

“HTDK’s business extends nationwide, delivering high-quality market expansion services and professional temperature-controlled logistics and warehousing services, earning the trust of many clients,” said Ms. Teresa Chen, CEO of HTDK. “In the past, we have collaborated with dozens of internationally leading healthcare brands and companies, actively expanding into the Chinese market with diversified service models. This has allowed us to establish a unique competitive advantage in the industry. We firmly believe that Warburg Pincus’ ownership and resources will provide ample support for HTDK’s leapfrog development, further accelerating our leadership. Looking ahead, we will leverage innovative technology and an internet-driven mindset to integrate internal and external resources, addressing the growing and evolving market demands. Today marks a new starting point for HTDK as we continue to deliver advanced solutions for the healthcare industry and bring enhanced health benefits to consumers.”

Formerly the Healthcare Business Unit of DKSH China, HTDK underwent a significant transition when Warburg Pincus announced the completion of its acquisition on November 1, 2018, becoming the sole shareholder. Following the acquisition, a new company was formed, operating independently, and today officially launches its new name and brand identity.

Mr. Fang Min, Partner at Warburg Pincus, commented: “With the deepening of healthcare reform and the growing awareness of public health, China’s healthcare market has entered a phase of rapid growth, with strong demand. Warburg Pincus recognizes HTDK’s reputation and expertise in the healthcare distribution industry and is committed to investing various resources to help HTDK enhance its business capabilities. We aim to contribute to the advancement of China’s healthcare distribution sector and lead the industry into the future.”

Over years of dedicated development, HTDK has built an extensive and far-reaching distribution network across China, covering a wide range of healthcare sales points, including hospitals, clinics, pharmacies, and personal care outlets. The company boasts a highly specialized team of healthcare experts, a rapidly expanding warehouse and logistics infrastructure of over 20,000 square meters, and cutting-edge business concepts and innovative tools. HTDK is committed to providing comprehensive services and support to China’s healthcare industry.