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Stock impact report

111, Inc. Teams Up with Huluwa Pharmaceutical to Explore the New Domain of "Internet + pharmaceutical"

111, Inc. - American Depositary Shares (YI) 
Company Research Source: PR Newswire
SHANGHAI, Oct. 15, 2020 /PRNewswire/ -- On September 24, 111, Inc. (NASDAQ: YI) (the "Company" or "111") and Hainan Huluwa Pharmaceutical Group Co., Ltd. (SH: 605199) ("Huluwa Pharmaceutical") signed a strategic partnership agreement in Shanghai. Mrs. LIU Jingping, Chairperson of Huluwa Pharmaceutical, and Dr. YU Gang, Co-founder and Executive Chairman of 111, attended the signing ceremony. Under the partnership, 111 will become the omni-channel drug commercialization partner of Huluwa Pharmaceutical. Both parties agreed to collaborate on "Internet + Pharmaceutical" initiatives through leveraging 111's integrated smart supply chains system to optimize the market reach of Huluwa Pharmaceutical's pediatric healthcare products. In addition, the two companies will continue to support innovation through data and AI to enhance digital marketing and other value-additive capabilities. In her keynote speech at the signing ceremony, Mrs. LIU Jingping mentioned that Huluwa Pharmaceutical and 111 Show less Read more
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