HANGZHOU, China, Sept. 8, 2020 /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 received the CHEO Awards from China
Health Ecology Organization ("CHEO"), marking the 11th consecutive
year of being nominated on the Top 100 Chinese Drug Store Chains
list.
CHEO is a Chinese health industry conference with the highest
standards, the largest scale and the most influence. It has been
successfully held for 13 years since 2008. As a prestigious health
industry conference in China, CHEO
focuses on "Cooperation, Innovation, Technology, R&D, Capital",
and brings together institutions from health industry including
pharmaceuticals, commerce, finance, R&D, technology, medical
care, health services, insurance and other fields. CHEO is to
create a global health industry conference benchmark by providing
advanced ideas, facilitating information exchanges, and offering
decision-making and connection support for the development of the
health industry.
Mr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented,
"We are very pleased to receive the CHEO Award again and see we
rank 44th on the list of the Top 100 Chinese Drug Store Chains in
2019-2020, which is an important period for the development of the
Company. Medical reform policies in China were further implemented last year,
leading to drastic changes in the market structure and such changes
intensified after the outbreak of the global pandemic. We have been
actively adjusting our development strategies timely, and have
achieved admirable results so far in 2020. Looking forward, we will
maintain our market position, actively explore service channels of
the health industry, and strive to promote our smart medicine
diagnosis model."
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.