Laobaixing Pharmacy

Laobaixing Pharmacy Chain Co., Ltd. (a main board listed company on the Shanghai Stock Exchange, stock code 603883, with a market value exceeding 22 billion), is a large Sino-foreign joint venture pharmaceutical retail chain enterprise developed from a single private pharmacy, mainly engaged in pharmaceutical retail, wholesale, production and other businesses. The company is headquartered in Changsha, Hunan, with total assets of 6.6 billion yuan, and its total sales in 2018 exceeded 10 billion yuan, with more than 18,000 employees.
At present, it has successfully developed 18 provincial-level markets including Hunan, Shaanxi, Zhejiang, Jiangxi, Guangxi, Shandong, Hebei, Guangdong, Tianjin, Shanghai, Hubei, Henan, Beijing, Jiangsu, Anhui, Gansu, Inner Mongolia and Ningxia, with more than 3,400 stores covering more than 90 cities, and operating product specifications reaching more than 45,600 types, covering categories such as Chinese and Western patent medicines, traditional Chinese medicine decoction pieces, health-preserving traditional Chinese medicine, health equipment, health food, ordinary food, personal care products and household goods, etc.