HANGZHOU, China, July 14, 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 one of the Company's drugstores, Daguan store has
been selected as one of the first batch of four-star livelihood
pharmaceutical service stations in Hangzhou. Over 60 local government officers
and practitioners attended a celebration ceremony the Company held
on July 8, 2021, including Mr.
Jianjun Fan, Director of Hangzhou
Municipal Market Supervision Bureau, Mr. Jianxiang Lu, Deputy Director of Hangzhou
Municipal Market Supervision Bureau, Mr. Jinzhou He, Head of
Hangzhou Certification Inspection Department at Hangzhou Municipal
Market Supervision Bureau, and Mr. Qiang Wang, Head of Hangzhou
Drug Circulation Department at Hangzhou Municipal Market
Supervision Bureau.
Livelihood pharmaceutical service stations are categorized into
three tiers, namely three-star, four-star, and five-star stations.
The three-tier categorization is designed to distinguish the size
of specialized pharmaceutical service area, the number of
pharmacists engaged in pharmaceutical services, the types of
pharmaceutical services provided, and the average monthly number of
customers served at those stations. The three-star station is the
basic standard, which requires the service station to provide at
least 10 types of pharmaceutical services. The four-star service
station is required to provide at least 15 types of pharmaceutical
services. The local government expects that 43 livelihood
pharmaceutical service stations will be established in Hangzhou, the capital city of Zhejiang Province, and at least 300 stations
will be established in Zhejiang
Province this year. Currently, 29 livelihood pharmaceutical
service stations have been established and 5 of them have been
selected as the first batch of four-star livelihood pharmaceutical
service stations, including one of the Company's drugstores.
Mr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented,
"Becoming a four-star livelihood pharmaceutical service station is
a recognition of our professionalism and comprehensive service
capabilities from the government, but also means a greater social
responsibility for us. We are committed to providing high-quality
services for the public. Looking forward, we will accelerate the
deployment of our service sites in various regions of Hangzhou, expand the scope of our services to
more communities, work with communities to do more public welfare
activities, and provide WeChat pharmacy consultation, online
medicine ordering and delivery services to benefit people and make
their lives more convenient."
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
View original
content:https://www.prnewswire.com/news-releases/china-jo-jo-drugstores-selected-as-one-of-the-first-batch-of-four-star-livelihood-pharmaceutical-service-stations-in-hangzhou-301333513.html
SOURCE China Jo-Jo Drugstores,
Inc.
