HANGZHOU, China, June 17, 2019 /PRNewswire/ -- China Jo-Jo
Drugstores, Inc. (NASDAQ: CJJD) ("Jo-Jo Drugstores" or the
"Company"), a leading online and offline retailer and wholesale
distributor of pharmaceutical and other healthcare products and a
healthcare provider in China,
today announced that the Company hosted a reception for Mr. Li
Keqiang, the Prime Minister of the
People's Republic of China on June
12, 2019.
Mr. Li Keqiang visited one of the Company's retail
pharmaceutical stores and inquired in detail about the current
public health issues such as drug prices and drug supply security.
He fully affirmed the role of retail pharmacies in the construction
of "Healthy China 2030" and deepening medical reform to best
position retail pharmacies to serve the general population, both
insured and uninsured.
Mr. Lei Liu, Chairman and Chief Executive Officer of
China Jo-Jo Drugstores, Inc.,
commented, "It's our great honor to host a reception for Prime
Minister Li Keqiang. Under his care and
the government's guidance, we will spare no effort in contributing
to the construction of - 'Healthy China 2030' - The 'Healthy
China 2030' initiative promotes the development of a healthy China
to improve the health of its people. We are always
working hard to take on more social responsibilities, fully
utilizing the advantages of retail pharmacies and providing quality
medical services to make our people healthier."
Mr. Lei Liu continued, "We will continue to improve our
operations and business model while keeping in mind the long-term
policy goals of the provincial government, the PRC government, and
our loyal customers."
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 in China. Jo-Jo Drugstores currently operates
retail drugstores and an online pharmacy. It is also a wholesale
distributor of products similar to those carried in its pharmacies
and it cultivates herbs used for traditional Chinese medicine. 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 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.