China Jo-Jo Drugstores Hosts Reception of Member of the Standing Committee of Zhejiang Provincial Party Committee and Secretary of Hangzhou Municipal Party Committee of PRC

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HANGZHOU, China, Oct. 23, 2019 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products and a healthcare provider in China, today announced that the Company hosted a reception for Mr. Jiangyong Zhou, Member of the Standing Committee of Zhejiang Provincial Party Committee and Secretary of Hangzhou Municipal Party Committee, during the National 21st Electric Expo and National 4th Leisure Expo at Hangzhou International Expo Center on October 19th, 2019 (the "Expos").

The Company displayed Smart Medicine Box and Jiuzhou Health AIO (All-In-One) Machine during the Expos.

  • Smart Medicine Box is designed to bring convenience to our customers for solving common health problems and to provide health consultation and psychological supports to them at home.
  • Jiuzhou Health AlO (All-In-One) Machine is designed to provide online consultation and follow-up services to the machine users, allowing them to receive medical services around their homes.

Mr. Jiangyong Zhou visited the Company's exhibition hall and spoke highly of the Company's achievements in health innovation. Meanwhile, he reemphasized that retail pharmacies have made positive contributions to the construction of "Healthy China 2030."

Mr. Lei Liu, Chairman and Chief Executive Officer of Jo-Jo Drugstores, commented, "It's our great honor to host a reception for Mr. Zhou. Under his support and the government's guidance, we will make our best efforts to continue our technological innovation and model innovation, integrate new retail, digital trade and enterprises matchmaking and build a one-stop e-commerce industrial ecological chain. Serving the society is an important mission of the Company and we will do the best to fulfill our social responsibilities."

About China Jo-Jo Drugstores, Inc.

China Jo-Jo Drugstores, Inc. ("Jo-Jo Drugstores" or the "Company"), is a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products in China. Jo-Jo Drugstores currently operates retail drugstores and an online pharmacy. It is also a wholesale distributor of products similar to those carried in its pharmacies. In addition, Jo-Jo Drugstores cultivates herbs used for traditional Chinese medicine. For more information about the Company, please visit http://jiuzhou360.com. The Company routinely posts important information on its website.

Forward-Looking Statements

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.

For more information, please contact:

Company Contact: 

Frank ZhaoChief Financial Officer+86-571-88077108frank.zhao@jojodrugstores.com   

Steve LiuInvestor Relations Directorsteve.liu@jojodrugstores.com   

Investor Relations Contact:

Tina XiaoAscent Investor Relations LLC+1-917-609-0333tina.xiao@ascent-ir.com  

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SOURCE China Jo-Jo Drugstores, Inc.

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