cttq r & d institute was founded in 1985 to develop innovative drugs, generics, and biopharmaceuticals. we have 2 r & d centers in nanjing and lianyungang, and 2 more centers under construction. the annual r & d expenditure, which is 2.3 billion in 2019, is more than 10% of cttq’s annual revenue. the institute ranks as one of the “top 5 most innovative pharmaceutical enterprises in china”.