HengHong Technology distributes and sells pharmaceutical products across mainland China. The company focuses primarily on traditional Chinese medicines, specifically cold, flu, and cough remedies, alongside health maintenance tonics, while also distributing chemical medicines for skin conditions. HengHong operates an asset-light business model; it does not manufacture pharmaceuticals and keeps minimal inventory, instead purchasing finished products from suppliers and reselling them at a markup. The company distributes through an offline network across 22 provinces, selling to regional first-tier distributors, hospitals, clinics, and pharmacy chains, while expanding into online sales channels. A single related-party supplier controlled by the Chairman's family provides nearly all of HengHong's product supply, effectively positioning the company as a commercialization and distribution arm for that supplier. HengHong's strategy focuses on expanding its medicine portfolio, acquiring pharmaceutical manufacturing assets, and establishing international distribution.