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Investments

8

Portfolio Exits

1

Partners & Customers

1

About Jointown Pharmaceutical Group

Jointown Pharmaceutical (SHA: 600998) is a pharmaceutical wholesaler and distributor in China.

Jointown Pharmaceutical Group Headquarter Location

No.8 Longyang Road Hanyang District

Wuhan, Hubei, 430051,

China

4001600998

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Latest Jointown Pharmaceutical Group News

Kuehne + Nagel International : +Nagel forms strategic partnership with Chinese pharma specialist Jointown

Feb 24, 2021

02/24/2021 | 12:48am EST Message : Extensive cooperation across warehousing, domestic distribution, international transports and logistics In support of Chinese pharma customers' access to international markets, leveraging Kuehne+Nagel's global pharma network Further strengthens Kuehne+Nagel's presence in China Kuehne+Nagel announces a strategic partnership with Jointown, China's largest non-state-owned pharmaceutical distribution company, to accelerate its footprint in pharma and healthcare logistics in China. As one of the leading logistics providers in the world, Kuehne+Nagel has been especially focused on developing pharma & healthcare expertise for the past decade. The partnership with Jointown now affords access to their fullyGxP-compliant, in-country storage and distribution network, enabling Kuehne+Nagel to comply with the highly-regulated Chinese pharma & healthcare sector. 'We are pleased to be partnering with Jointown. Our cooperationperfectly meets the demands of our global clientele byenablingseamless supply chain coverage connecting China. This will enable us to accelerate our growth in the pharma and healthcare sector in China,' says Siewloong Wong, President of Kuehne+Nagel Asia Pacific. Zhang Qingsong, General Manager of the logistics business unit of Jointown Pharmaceutical Group, adds: 'Partnering with Kuehne+Nagel will provide Jointown's customers access to the international market through their global GxP certified air, sea and overseas contract logistics operations. We will now be able to expand our business in overseas markets at a much faster pace and benefit from the partnership in a sustainable way.' With Covid-19 vaccines becoming widely approved for use in more countries, Jointown and Kuehne+Nagel will collaborate to manage vaccine distribution in a safe and timely manner, leveraging their respective strengths in vaccine storage and distribution both in China and other parts of the world. Gianfranco Sgro, Member of the Management Board of Kuehne + Nagel International AG, responsible for Contract Logistics, says: 'Pharma & Healthcare is one of the fastest growing sectors in Contract Logistics. Kuehne+Nagel and Jointown share a common vision of service excellence for patients and customers in China and abroad'. The partnership with Jointown comes shortly after Kuehne+Nagel announced that it has entered into a binding agreement to acquire the Chinese company Apex International Corporation , one of Asia's leading freight forwarders. Latest news About Kuehne+Nagel With over 78,000 employees at 1,400 locations in over 100 countries, the Kuehne+Nagel Group is one of the world's leading logistics companies. Its strong market position lies in sea logistics, air logistics, road logistics and contract logistics, with a clear focus on integrated logistics solutions. About Jointown Jointown Pharmaceutical Group Co., Ltd. is a leading pharmaceutical company in China. Listed on the Shanghai Stock Exchange, Jointown is mainly responsible for supplying pharmaceutical drugs, traditional Chinese medicine (TCM), medical devices and consumer goods to clients including hospitals and clinics, retail pharmacies, wholesalers and government contracts. At the same time, Jointown provides e-commerce and online health management services to end users. Jointown Logistics, an affiliate of Jointown Pharmaceutical Group is a technology-based and environmentally-friendly logistics provider dedicated to serve the health industry. It provides customers with a wide range of integrated supply chain solutions supported by an extensive distribution network and advanced information technology capabilities. Attachments

Jointown Pharmaceutical Group Investments

8 Investments

Jointown Pharmaceutical Group has made 8 investments. Their latest investment was in Lidun Energy Storage Material as part of their Unattributed VC on July 7, 2021.

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Jointown Pharmaceutical Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/30/2021

Unattributed VC

Lidun Energy Storage Material

Yes

1

7/6/2021

Seed

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10

10/9/2019

Private Equity

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10

3/27/2018

Series A - II

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$99M

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10

2/28/2018

Series C

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$99M

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10

Date

7/30/2021

7/6/2021

10/9/2019

3/27/2018

2/28/2018

Round

Unattributed VC

Seed

Private Equity

Series A - II

Series C

Company

Lidun Energy Storage Material

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

Jointown Pharmaceutical Group Portfolio Exits

1 Portfolio Exit

Jointown Pharmaceutical Group has 1 portfolio exit. Their latest portfolio exit was Zhongke Tongda on July 13, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/13/2021

IPO - II

$99M

1

Date

7/13/2021

Exit

IPO - II

Companies

Valuation

$99M

Acquirer

Sources

1

Jointown Pharmaceutical Group Partners & Customers

1 Partners and customers

Jointown Pharmaceutical Group has 1 strategic partners and customers. Jointown Pharmaceutical Group recently partnered with Ping An Good Doctor on August 8, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

8/28/2018

Partner

Ping An Good Doctor

China

Ping An Good Doctor Establishes Strategic Partnership with Jointown

In addition , Ping and Jointown have also reached several cooperation agreements in providing mobile healthcare services , optimizing the supply chain of health mall and establishing a strategic synergy with each other .

2

Date

8/28/2018

Type

Partner

Business Partner

Ping An Good Doctor

Country

China

News Snippet

Ping An Good Doctor Establishes Strategic Partnership with Jointown

In addition , Ping and Jointown have also reached several cooperation agreements in providing mobile healthcare services , optimizing the supply chain of health mall and establishing a strategic synergy with each other .

Sources

2

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