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
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...