On August 18th, yesterday evening, Ali Health announced that the company's wholly-owned subsidiary Ali Health and Guizhou Yishu Chain Pharmaceutical Co., Ltd. (hereinafter referred to as "Yshushu Chain Pharmaceutical") signed an order share agreement to 4.22 100 million yuan to acquire a 14.54% stake in Yishu Chain Pharmaceutical Co., Ltd., and entered into a capital increase agreement with it to increase its capital by 404 million yuan. Therefore, after the proposed acquisition and the proposed subscription, Ali Health will hold a chain of trees. A total of 25% of the pharmaceutical industry. According to the announcement, after the acquisition, Alibaba Health will work with Yishu Chain Pharmaceutical to explore and expand the new retail model of medicine in the region where the first-line advantage of Yishu Chain Pharmaceuticals is available, and reach all consumers in the pharmaceutical retail market. And provide consumers with more, wider and more convenient medical services. Yishu Chain Pharmaceutical Co., Ltd. was established in 1999 and is headquartered in Guiyang City. It is mainly engaged in the pharmaceutical retail chain business and has been listed in the China Chain Pharmacy Double Hundreds from 2016 to 2017. Up to now, Yishu Chain Pharmaceutical and its operating subsidiaries operate approximately 1,000 pharmacies in China. Its net profit for 2016 and 2017 was 40.08 million yuan and 65.582 million yuan respectively. The large-scale chain and the increasing concentration of the industry are the overall trend of the pharmaceutical retail industry. At the end of November 2015, there were 4,981 drug retail chain enterprises in the country, 206,900 retail chain stores, and 243,200 retail single drug stores. The chain rate was about 45.73%, but by 2017, China. The pharmacy chain rate has increased to 50%. In addition, with the zero-addition of drugs, the reduction of the proportion of drugs and other policies, the separation of prescriptions and medicine must be a big trend. At this stage, pharmaceutical retail companies with complete terminal layouts will enjoy the maximum dividend period when medicines are completely separated. It is in this context that Ali Health has long been fascinated by the “sweet†of pharmaceutical retail. As early as May 2016, Ali Health established the China Pharmaceutical O2O Pioneer Alliance, covering more than 20,000 offline pharmacy stores. Through the alliance, Ali Health continues to work closely with offline pharmacies and gradually explore and expand new retail models. In July 2016, Ali Health spent 16.8 million yuan to acquire the entire share capital of Guangzhou Wuwu Pharmaceutical Chain Co., Ltd. In June this year, Ali Health announced that it would acquire a 9.34% stake in Daiyu Civilian Pharmacy Chain Co., Ltd. for 454 million yuan. On the same day, Ali Health also announced a strategic investment and cooperation agreement with Anhui Huaren Health Pharmaceutical Co., Ltd., and Ali Health helped Chinese to complete the B round of financing. Ali's health investment into the offline physical pharmacies seems to be releasing the signal of change, and the internal competition in the pharmaceutical retail industry will change greatly after that. The folding foot bath machine is a device that can be used to soak and massage feet. It's designed to be portable and easy to store, making it ideal for those who want to enjoy a foot soak and massage at home or on the go.
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