Chongqing Jointown

Chongqing Jointown Pharmaceutical Co., Ltd. is a pharmaceutical commercial and pharmaceutical logistics enterprise invested and established by Jointown Pharmaceutical Group Co., Ltd. (stock abbreviation: Jointown, stock code: 600998). It was founded on November 2, 2005, with a registered capital of 120 million yuan, and is located at No. 2 Jiangqiao Road, Changjiang Industrial Park, Nan'an District, Chongqing. The company covers an area of 95 mu, with a total construction area of 30,000 square meters, including a warehouse area of 24,000 square meters, an automated stereoscopic warehouse of 100,000 cubic meters, a cold storage of 594 square meters, an independent warehouse for Class II psychotropic drugs and narcotics of 42 square meters, and supporting facilities of 1,200 square meters. It has more than 500 sets of various equipment and facilities, and 47 logistics distribution vehicles. In 2016, the company's total assets reached 1.065 billion yuan, with annual operating revenue of 3 billion yuan, profit of 47.68 million yuan, taxes paid of 34 million yuan, and more than 500 employees. The company's business scope covers wholesale of traditional Chinese medicine, Western medicine, chemical drugs and medical devices, pharmaceutical e-commerce, and pharmaceutical logistics warehousing and distribution services. It deals in 6,800 varieties and specifications, with 1,100 upstream suppliers and 6,000 downstream customers. It has obtained national or regional general distribution or general agency qualifications for more than 200 drugs in China, ensuring diversified customer needs and satisfying a "one-stop" procurement experience. The company is a key pharmaceutical logistics center deployed by Jointown Group in Southwest China. It has a subsidiary, Jointown Pharmaceutical Group Chongqing Wanzhou Co., Ltd. Relying on Jointown Group's advanced information management system, e-commerce platform, warehousing and logistics management system and transportation equipment, with drug wholesale, retail chains, hospital distribution and pharmaceutical e-commerce as core businesses, it has built a complete marketing and distribution network that can support the logistics center to reach an annual sales scale of 4 billion yuan, with an outbound accuracy rate of 99.99%. At the same time, the company provides pharmaceutical supply chain services to more than 3,100 pharmaceutical manufacturers nationwide, and provides drug distribution services to more than 7,000 pharmaceutical trading enterprises, hospitals, pharmacies and primary medical institutions in Southwest China. Its marketing network covers the entire Chongqing municipality and surrounding areas such as Yunnan and Guizhou. The company implements all-weather logistics distribution services, achieving delivery within 12 hours in the main urban area of Chongqing, within 24 hours within 200 kilometers, and within 2 days beyond 200 kilometers, providing customers with "accurate, safe and fast" drug distribution services. In recent years, the company has been committed to vigorously developing hospital business. It has a hospital business team of nearly 40 people and more than 600 hospital customers, including more than 100 Grade II Class A hospitals, more than 20 Grade III Class A hospitals, and more than 400 primary medical institutions. It has carried out business cooperation with 90% of Grade III Class A hospitals in Chongqing. After decades of operation, the company's performance and management level have been recognized by society. The company has successively won honorary titles such as "Chongqing Contract-abiding and Credit-worthy Unit, Key Commercial Enterprise of Nan'an District, Outstanding Private Enterprise of Nan'an District, Safety Production Standardization Enterprise, and Drug Safety Demonstration Wholesale Enterprise of Nan'an District".