Monday, August 09, 2010 10:19:44 AM
China Jo-Jo Drugstores Announces Opening of New Store Locations
China Jo-JO Drugstores (MM) (NASDAQ:CJJD)
Intraday Stock Chart
Today : Monday 9 August 2010
China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) ("Jo-Jo Drugstores" or the "Company"), which operates a retail pharmacy chain in Zhejiang Province, today announced store openings in the cities of Quzhou and Hangzhou, increasing Jo-Jo Drugstores’ total store count to 42 locations.
“We are excited about the new store openings,” stated Dr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores. “We are continuing to utilize our April 2010 financing proceeds and are poised to fully execute on our plan to operate 60 locations in Zhejiang Province by March 31, 2011.”
Since March 31, 2010, the Company has opened 17 store locations in Zhejiang Province, including 3 acquired from existing drugstore operators and 14 opened directly by the Company. Of these 17 stores, 14 are located in and around Hangzhou where the Company is based, and 3 are in Quzhou, a city in southwestern Zhejiang Province with a population of 2.4 million. The Quzhou stores also mark the Company’s first foray outside of Hangzhou.
These additions signal the Company’s continuing commitment to provide access to quality prescription drugs, over-the-counter drugs, traditional Chinese medicine products, and personal care products at the lowest overall prices. The Company also provides access to licensed physicians providing customer consultations. Strategically focused in Zhejiang Province, the Company has organically grown from 1 location in 2003 to 42 locations as of August 9, 2010.
Recent CJJD News
- China Jo-Jo Drugstores Reports Fiscal Year 2024 Financial Results • PR Newswire (US) • 07/30/2024 01:00:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 06/11/2024 01:01:18 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/11/2024 01:00:03 PM
- China Jo-Jo Drugstores Announces $3.37 Million Registered Direct Offering • PR Newswire (US) • 06/11/2024 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 08:30:03 PM
- China Jo-Jo Drugstores Announces Changes to Board of Directors • PR Newswire (US) • 05/31/2024 08:30:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/10/2024 01:23:46 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 01:20:10 PM
- China Jo-Jo Drugstores Announces $2.74 Million Registered Direct Offering • PR Newswire (US) • 05/10/2024 01:20:00 PM
- China Jo-Jo Drugstores Announces $1.53 Million Registered Direct Offering • PR Newswire (US) • 04/29/2024 01:00:00 PM
- China Jo-Jo Drugstores Regains Compliance with Nasdaq Minimum Bid Price Requirement • PR Newswire (US) • 03/19/2024 08:05:00 PM
- China Jo-Jo Drugstores, Inc. Announces 1-for-20 Reverse Stock Split • PR Newswire (US) • 02/27/2024 09:05:00 PM
- China Jo-Jo Drugstores Granted A Second Extension to Meet Nasdaq Minimum Bid Price Requirement • PR Newswire (US) • 12/14/2023 01:30:00 PM
- China Jo-Jo Drugstores Announces Celebration of its 20th Anniversary • PR Newswire (US) • 11/08/2023 01:30:00 PM
- China Jo-Jo Drugstores Announces $2.59 Million Registered Direct Offering • PR Newswire (US) • 09/26/2023 01:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM