Business
China Jo-Jo Drugstores Receives Hangzhou Municipal People's Government Quality Management Excellence Award
HANGZHOU, China, May 2, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline
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[{"type":"text","content":"HANGZHOU, China, May 2, 2023 /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 had received the Hangzhou Municipal People's Government Quality Management Excellence Award (the \"Award\"), the most prestigious quality recognition established by Hangzhou Municipal People's Government and reviewed by the Market Supervision and Administration Bureau of Hangzhou City.\nEstablished in 2010, the Award is designed to recognize enterprises or organizations that have implemented exceptional performance management and created notable economic and social benefits in areas such as production, construction, services, and environmental protection. The Company is one of the only five companies selected for the Award, reflecting recognition of the Company's accomplishments in promoting quality management innovation and achieving performance excellence.\nAfter 20 years of effort, the Company has evolved into a comprehensive healthcare service enterprise providing wholesale, retail, and e-commerce of pharmaceuticals, medical treatment services, traditional Chinese medicine planting, health management, and medical technology. Jo-Jo Drugstores keeps innovating its business model and has become one of the first commercial insurance designated pharmacies in China, the first online e-commerce drugstore in Zhejiang Province (one of the wealthiest provinces in China with over $1 trillion nominal GDP), the first private medical institution with Internet hospital qualifications licensed by the Zhejiang Provincial Health Commission, one of the first future community pilot units in Zhejiang Province, one of the first five-star people's livelihood pharmaceutical service stations in Zhejiang Province, and one of the first new retail enterprises in Hangzhou (the capital and largest city of Zhejiang Province). The Company has been ranked among the Top 100 chain drugstores in China in terms of value and comprehensive strength for three consecutive years, with rapid growth in overall business, store expansion, new retail business, and B2C sales.\nMr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented, \"We are deeply honored to be se...