Jointown Pharmaceutical Group
The parent company, Jointown Pharmaceutical Group (www.jztey.com), was founded in March 1999 and is headquartered in Wuhan, Hubei Province. JZT’s business includes supplying western medicinedrugs, traditional Chinese herbal medicine, medical equipment to as the main business target (B2B), while medical institutions, wholesale enterprises, retail pharmacies(B2B) as and also include retail pharmacy network to serve its mainpublic needs customer target (B2C). On November 2, 2010, JZT has been listed on the Shanghai Stock exchange (stock, Jiuzhoutong, stock code: 600998). The company has ranked the fourth largest pharmaceutical commercial enterprisesdistributors in China for many years, and 105th in the top 500 “Fortune” magazine (Chinese version).
The storage capacity of JZT logistics is around 10 million pieces, and it has widely used the storage management system (LMIS), equipment-control system (WCS), transportation management system (TMS), third-party logistics platform, and drug regulatory code collection system with independent intellectual property rights, and obtains 308 relevant computer software Copyrights. JZT strongly promotes FBBC business model, integrates B2B and B2C trading platforms, and expands B2B and O2O businesses.