HANGZHOU, China, Jan. 21, 2021 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD)
("Jo-Jo Drugstores" or the "Company"), a leading online and offline
retailer, wholesale distributor of pharmaceutical and other
healthcare products and healthcare provider in China, today
announced that the Company hosted its first suppliers conference
(the "Conference") in Haiwaihai International Conference Center of
Hangzhou, China at the end of
December 2020, which was attended by
approximately 200 representatives of its suppliers. To fulfil its
vision to make the world healthier, Jo-Jo Drugstores endeavors to
work with its suppliers to ensure that all of its products and
services meet the highest standards of integrity, affordability and
sustainability.
During the Conference, the Company entered into certain
strategic cooperation framework agreements (the "Agreements") with
11 prestigious companies including
Direct-to-Patient (DtP) Medicine Branch of Huadong
Pharmaceutical Co., Ltd., Pfizer Inc., Hangzhou MSD Pharmaceutical
Co., Ltd., Sanofi (Hangzhou)
Pharmaceuticals Co., Ltd., AstraZeneca plc., China Medical System
Holdings Ltd., Beijing Novartis Pharma Co., Ltd. and Wyeth,
LLC.
Mr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented,
"The Conference allowed Jo-Jo Drugstores to talk directly with 200
suppliers about the Company's outlook, our commitment to ethics and
business conduct, and our supply chain initiatives. The retail
industry of China's pharmaceutical and other healthcare products is
entering into an era of fast development filled with tremendous
challenges and opportunities brought by the current complicated
economics situation. The Company will take flexible and appropriate
actions to face the changes in the post-epidemic era, implement
product, service, and professional empowerment, and cooperate
closely with our suppliers to achieve further success in the
future."
About China Jo-Jo Drugstores,
Inc.
China Jo-Jo Drugstores, Inc.
("Jo-Jo Drugstores" or the "Company"), is a leading online and
offline retailer and wholesale distributor of pharmaceutical and
other healthcare products and a provider of healthcare services
in China. Jo-Jo Drugstores currently operates an online
pharmacy and retail drugstores with licensed doctors on site for
consultation, examination and treatment of common ailments at
scheduled hours. It is also a wholesale distributor of products
similar to those carried in its pharmacies. For more information
about the Company, please visit http://jiuzhou360.com. The
Company routinely posts important information on its website.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages
you to review other factors that may affect its future results in
the Company's annual reports and in its other filings with the
Securities and Exchange Commission.
For more information, please contact:
Company Contact:
Frank Zhao
Chief Financial Officer
+86-571-88077108
frank.zhao@jojodrugstores.com
Steve Liu
Investor Relations Director
steve.liu@jojodrugstores.com
Investor Relations Contact:
Tina Xiao
Ascent Investor Relations LLC
+1-917-609-0333
tina.xiao@ascent-ir.com
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SOURCE China Jo-Jo Drugstores,
Inc.