Incorporated in 2006 with headquarters in Hangzhou, China, China Jo-Jo Drugstores, Inc. is a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products in China. Jo-Jo Drugstores currently operates four business segments including retail drugstores, an online pharmacy, wholesale distrubtion of products similar to those carried in its pharmacies, and the cultivation and sale of herbs used for traditional Chinese medicine.
As of December 31, 2020 we operate 115 retail pharmacies. Our stores provide customers with a wide variety of pharmaceutical products, including prescription and over-the-counter (“OTC”) drugs, nutritional supplements, traditional Chinese medicine, personal and family care products, and medical devices, as well as convenience products, including consumable, seasonal, and promotional items. Additionally, we have licensed doctors of both western medicine and traditional Chinese medicine on site for consultation, examination and treatment of common ailments at scheduled hours. Three stores have adjacent medical clinics offering urgent care (to provide treatment for minor ailments such as sprains, minor lacerations, and dizziness that can be treated on an outpatient basis), traditional Chinese medicine (including acupuncture, therapeutic massage, and cupping) and minor outpatient surgical treatments (such as suturing). We attempt to tailor each store’s product offerings, physician access, and operating hours to suit the community where the store is located.