Welcome!

News Feed Item

Jintian Pharma Becomes the General Distributor in Greater China for American High-End Infant Formula Benefiting from the Policy of "Milk-Powder Marketing through Pharmacies"

The Power Alliance Opens a New Horizon for Milk Power Marketing

Hong Kong, June 13, 2014 - (ACN Newswire) - Jintian Pharmaceutical Group Limited ("Jintian Pharma" or the "Company", stock code: 2211.HK) is authorized as the general distributor of McJayden in the Greater China Region, covering the channels of medical treatment, medicine, healthcare across PRC, Hong Kong, Macau, Taiwan, Singapore, as well as all state-approved points of sale in China's three northeastern provinces and non-pharmacy outlets directly operated by Jintian Group. As an authorized distributor, Jintian will now bring McJayden's organic milk powder products imported in original packaging from the US through all diversified channels and segments.

The new partnership is blessed with a recent government policy to support mild-powder marketing through pharmacies, and will likely unveil a new model for the sale of milk powder in mainland China. After Two-child policy fully implemented, of the infant formula market has huge growth potential.

McJayden-the pioneer of organic milk powder products imported in original packaging from the US

McJayden dairy products are the only organic milk powder products imported in original packaging from the United States into Greater China. The products of McJayden are well received in the United States, endorsed by approved by six international and national regulatory authorities (FDA, USDA, ISO9001, CNCA, Chinese Commodity Inspection and Quarantine Bureau and COFCC). McJayden's products are recommended in USDA's food export catalog, as well as the brand promotion campaign of the Food Export Association of the USA as a standard-bearer for food quality and safety dedicated to healthy growth of infants.

In addition, McJayden exercises extra caution when developing its distributor's system. In selecting the distributors, good reputation, dedication and integrity, strong strength and ample resources are the main conditions considered. Leveraging its good reputation, outstanding brand awareness and comprehensive sales network, Jintian Pharma has become the first choice for the strategic cooperation with McJayden in the Greater China Region.

Jintian Pharma-complete sales channels and unique direct-supply model

With retail pharmacies spreading across the Northeast China, the nationwide distribution network and effective direct-supply model, Jintian Pharma has laid the solid foundation for the marketing of McJayden milk powder. As of the end of 2013, the Company owned 794 retail pharmacies in Northeast China and another 3 in Hong Kong. The Company ranks first in terms of the number of retail outlets in the three northeastern provinces of China. It had about 3,800 distribution customers, ranking number one in terms of distribution sales amount among all private enterprises in the three northeastern provinces of China in 2012. In addition, the Group has established effective direct-supply model which enables the Group to streamline the supply chain by eliminating and reducing distribution intermediaries and enhance distribution efficiency and profitability.

Distributors and producers join hands, benefiting from the policy of "Milk-Powder Marketing through Pharmacies"

On 16 June 2013, the General Office of the State Council issued an Opinion on Further Improvement of Quality and Safety of Infant Milk Formula Powder. On 23 September 2013, AQSIQ released the Announcement on Strengthening the Management of Imported Infant Milk Formula Powder. On 30 April 2014, CNCA published the list of the first batch of 41 registered overseas producers of imported infant milk formula products, and PBM nutritionals, the producer of McJayden, is on the list. The promulgation of the policy of "milk powder to go on sale in pharmacies" indicates the national supervision of infant milk powder has been strengthened, which provided new development opportunities for more premium retail pharmacies. By virtue of the favorable policies, the win-win cooperation between Jintian Pharma and McJayden will be mutually beneficial and promote the joint development of the two enterprises.

Mr. Jin Dongtao, the Chariman of Jintian Pharma commented, "the strategic cooperation brings the organic infant milk powder products of McJayden into the pharmacies in China. The Group will spare no efforts to expand the market, ensure the quality and safety of products in circulation channels, in a bid to increasing the confidence of the consumers and providing safe and nutritious McJayden milk powder for more infants in China. Starting from this point, Jintian Pharma will introduce more overseas premium brands, optimize the product structure and strengthen the core competency of the Company."

About JINTIAN PHARMACEUTICAL GROUP LIMITED

JINTIAN PHARMACEUTICAL GROUP LIMITED ("Jintian Pharmaceutical" or the "Company", stock code: 2211) is one of the leading pharmaceutical retailers and distributors in Northeast China, and certified as the Top 10 of 2013-2014 China chain pharmacy stores by the State Food and Drug administration. As at 31 December 2013, The Company has the largest pharmaceutical retail chain in terms of the number of self-operating retail pharmacies (794 in Northeast China and three in Hong Kong as at the Latest Practical Date). With a nationwide distribution network, the Company has approximately 3,800 customers, and became the largest privately-owned distributor in Northeast China in terms of revenue in 2012. The Company has high net profit margin, which is attributable to the product mix with a focus on high-gross-margin products, the effective Direct-supply Model, the centralized procurement platform and low operation costs. The Company provides training programs to its employees and customers through Jintian Institute. The Company also has strong execution capability for acquisitions and integration which enables it to implement its product mix, advanced business model and sophisticated operation procedures in the acquired businesses. The Company has formed distinctive business model and core competitive strengths.




Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...