|Exchange:||NASDAQ national market|
|Stock:||China Jo-Jo Drugstores, Inc.|
|China Jo-Jo Drugstores, Inc. was incorporated in Nevada on December 19, 2006, originally under the name Kerrisdale Mining Corporation. On September 24, 2009, the Company changed its name to China Jo-Jo Drugstores, Inc. The Company is a retail and wholesale distributor of pharmaceutical and other healthcare products in the People’s Republic of China. Its business is segmented into three - retail drugstores, drug wholesale and herbs farming. The retail drugstores segment sells prescription and OTC medicines, TCM, dietary supplement, medical devices, and sundry items to retail customers. Its retail business is comprised primarily of pharmacies , a majority of which are operated by Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd. The retail business also includes two medical clinics through Hangzhou Jiuzhou Clinic of Integrated Traditional and Western Medicine and Hangzhou Jiuzhou Medical and Public Health Service Co., Ltd. The drug wholesale segment supplies the retail drugstores and sells prescription and OTC medicines, TCM, dietary supplement, medical devices and sundry items in batch to other drug vendors and hospitals. The Company’s wholesale business is primarily conducted through Zhejiang Jiuxin Medicine Co., Ltd., which is licensed to distribute prescription and non-prescription pharmaceutical products throughout China. The Company’s herbs farming segment cultivates selected herbs for sale to other drug vendors. The herb farming business is conducted by Hangzhou Qianhong Agriculture Development Co., Ltd., a wholly-owned subsidiary of Jiuxin Management, which operates a cultivation project of herbal plants used in traditional Chinese medicine.|
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