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Jointown Pharma

Sector: Warehouse • Location: China

Source: International Finance Corporation (IFC)

Project
Active

 Jointown Pharmaceutical Group Co., Ltd. (“Jointown” or the “Company”) is a major pharmaceutical product distribution company founded in 1999 in China with its headquarter based in Wuhan province and is publicly listed on the Stock Exchange of Shanghai (600998 SHA), with 31 provincial level and 94 prefecture level product distribution and logistics centers throughout China. The Company procures ph

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The project “Jointown Pharma” is an infrastructure initiative in the Warehouse sector, located in China. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Original status

active

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Description

Description

 Jointown Pharmaceutical Group Co., Ltd. (“Jointown” or the “Company”) is a major pharmaceutical product distribution company founded in 1999 in China with its headquarter based in Wuhan province and is publicly listed on the Stock Exchange of Shanghai (600998 SHA), with 31 provincial level and 94 prefecture level product distribution and logistics centers throughout China. The Company procures pharmaceutical products and small medical devices, stores in its large network of logistical centers in China, to be subsequently sold to hospitals, clinics, and pharmacies throughout China, transported through its own 1700-strong truck fleet, and via 85 third-party truck fleet companies throughout China contracted by the company on an as-needed basis. IFC is looking to support Jointown’s expansion, which comprises of the construction of up to 5 new product distribution centers and upgrading of 4 existing warehouses in Middle and Western China (the “Project”).                                                 

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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