HANGZHOU, China, May 6, 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 a reception on April 26, 2021 for provincial government
officials including Ms. Huili Qi, deputy director of Shaanxi
Medical Products Administration ("SMPA"), Mr. Yangyi Zhan, head of
SMPA's Circulation and Development Department, Mr. Zhiliang Su, deputy director of Zhejiang Medical
Products Administration ("ZMPA"), and Ms. Wang Bei, deputy head of ZMPA's Medical Products
Circulation Department.
After visiting stores in person and learning about the project
of smart medicine machines, the government officials thought highly
of the Company's achievements in bringing health benefits to people
and making their lives more
convenient. The smart medicine machines make it easier for people
to purchase drugs and ensure that the quality of the drugs meets
the requirements of Good Supply Practice ("GSP"). To date, the Company has set up smart
medicine machines in 6 stores to provide 24-hour service to meet
customers' needs for self-service drug purchase as well as
online-to-offline drug purchase and delivery at night.
In addition, the Company has
taken on the project of delivering drugs to people
living in the mountains and on the islands in Zhejiang Province since May 2019. Up to now, the Company has completed
the construction of 40 demonstration convenience service stations,
covering 6 districts, counties and cities. By improving the
connection mechanism and innovating the mode of setting up service
stations, the Company continues to timely provide high-quality
drugs to people at tourist attractions, mountainous areas, and
islands.
Mr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented,
"We are always quick in responding to the government's initiatives
to improve people's livelihood, including undertaking the task of
providing long-term prescriptions for chronic diseases,
participating in future community construction, and launching an
internet platform for medical consultation. We have been taking on
our responsibility in a professional way and making contributions
to the development of the project of "Healthy China 2030." In the
future, we will take more social responsibilities under the
guidance and help of governments at all levels, satisfy residents'
needs in various ways by leveraging our advantages as retail
pharmacies, and strive to become people's 24-hour health management
guardian."
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
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.