We are an established pharmaceutical distributor originated from Zhejiang province and headquartered in Hangzhou, Zhejiang province. We are principally engaged in pharmaceutical distribution businesses in the PRC with a focus in Zhejiang province. We mainly serve as a provincial pharmaceutical distributor, and also a national distributor for some of our products. We start involving our pharmaceutical distribution business from the stage of acquisition of distribution rights of pharmaceutical products from our suppliers, conducting market research and market development of our new products, assistance and co-ordination in the collective tendering process for our suppliers, procurement, sourcing, sales and marketing, warehousing and delivery to our Distributor Customers. A majority of our products will in turn be distributed through our Distributor Customers to the ultimate customers which mainly comprise hospitals and medical institutions in the PRC in accordance with the geographical exclusivity of our products. All of the pharmaceutical products distributed by our Group are generic pharmaceutical products.

To strengthen our position to become one of the leading distributors of pharmaceutical products in Zhejiang province, we plan to pursue the following business objectives and strategies:
to continue expanding through obtaining new exclusive distribution rights; and
to continue enhancing and expanding our market share, distribution network and marketing efforts.