Jingdong Shanghai Pharmaceutical to jointly make electric provider of prescription drugsMay 18 message, the Shanghai Pharmaceutical (stock code: 601607) yesterday issued a public notice, said the company signed a strategic cooperation framework agreement with Jingdong. Under the agreement, the two sides will establish a comprehensive strategic partnership strategy in three dimensions, capital Air Jordan 18 and business. Air Jordan 17 Jingdong also on the Shanghai Pharmaceutical's drug cloud healthy increase, but did not disclose the specific amount of the capital increase. After joint discussions and research, the two sides agreed to cooperate fully in the following areas: 1, the Shanghai Pharmaceutical and Jingdong to establish a comprehensive strategic partnership in the area of electronic commerce prescription drugs, in the context of national policies to the Nike King extent permitted together to create prescription drugs online sales platform and offline distribution network. Shanghai Pharmaceutical commitment, Jingdong to Shanghai Pharmaceutical in the prescription drug's exclusive partner in the field of e-commerce, and Jingdong exclusive share prescription drug e-commerce business-related data and resources. Jingdong commitment, Shanghai Pharmaceutical Co., Ltd. large health cloud providers (\u0026 ldquo; drug cloud Health \u0026 rdquo;) exclusive right e-commerce platform to sell prescription drugs in Jingdong operations, and cloud on the drug-related health and prescription drug exclusive share of e-commerce sales The data and resources; 2, Shanghai Pharmaceutical and Jingdong to establish a comprehensive strategic partnership in non-prescription drugs, health care and other fields. 3, Shanghai Pharmaceutical and Jingdong joint capital on the drug cloud health, creating an ecological system of medical e-commerce and mobile health, which Nike Shoes was portrayed as an industry leader nationwide. Shanghai Pharmaceutical will co-Pharmaceutical Co., Ltd. of Shanghai Pharmaceutical public 100% stake in the capital increase drug cloud health; Jingdong price in cash and related resources on the capital increase drug cloud health; two sides pledged to three months from the date of signing of this Agreement inside, the completion of the capital increase on the drug cloud health. 4, Shanghai Pharmaceutical will provide retail resources and medicines under the broad category of line, full support for the drug cloud healthy business development, and to assist the drug cloud health made its business license and qualification certificate-related; Jingdong will fully assist the drug cloud health prescription drugs online at e-commerce platform and network line construction, including display and flow Nike Lunar Haze channel support, Air Jordan 7 Retro e-commerce trading platform, storage and logistics solutions. 5, for the full incentive cloud on the drug and health management team, both sides committed an appropriate time in the future, the shareholders consultations in accordance with market principles on drug cloud health management team set up Air Jordan XX8 incentives. Under the agreement, the two sides agreed initial exclusive period of the present five years from the date of entry into force of the agreement, the first two years of the initial default cooperation, cooperation in the initial default each end and after the end of the period, the two sides through the drug cloud Health Board drug cloud health key performance indicators (KPI) be final examination, assessment standards are extended for one year, assessment of non-compliance by Jingdong decide whether to postpone. Both sides confirmed the preset initial exclusive period is tentatively scheduled for the KPI key performance indicators drugs cloud healthy market, clients. After the expiration of the initial term exclusive cooperation, the two sides can jointly negotiate an extension. Shanghai Pharmaceutical said the signing of this strategic framework agreement, in line with the overall strategic direction of the company, the company is in comply with the national health care reform and the development of Internet technology trends, and actively explore new pharmaceutical business model, and the Internet industry leaders The powerful combination of complementary advantages. Shanghai Pharmaceutical pointed out that the cooperation will help the company to quickly grasp the electricity supplier of prescription drugs market opportunities, import traffic, the IT system, logistics system, to quickly build competitive advantage, landing overall company strategy layout electricity provider in the medical field and business development, and the interests of all shareholders.