From June 20065438 to October 20065438 10, the company started from the simple moral impulse of "making more people affordable for medical treatment and medicines", and opened Changsha Xiangya Store for the first time in a supermarket management mode, which revolutionized the price reduction banner of "45% lower than the retail price approved by the state", which was warmly welcomed by consumers and appeared "buying medicines with baskets and queuing up".
Since then, the company has gradually formed an advanced corporate culture with "all for the people" as its connotation and people's livelihood as its ideological connotation, and has made great progress by taking this as its business purpose and serving the people in a down-to-earth manner. In April, 2002, Liuyang Store, a large pharmacy for ordinary people in Hunan, opened, and the company began to move towards the chain road. From June, 5438 to February, 2002, Xi 'an New City Store and Hangzhou Guodu Store opened one after another, successfully realizing the westward expansion and inter-provincial operation. In July, 2003, Xi 'an Xiaozhai Store opened, which realized the strategic move of opening stores in the same city, and began to strive for most local market share and establish regional brand status. At the end of 2004, under the situation that half of the pharmacies in China were losing money, the sales surged to 65.438+0.82 billion yuan, which achieved the breakthrough of the first place in sales and profit of the national pharmaceutical retail industry and became the most influential pharmaceutical retail enterprise in China. From 2004 to 2007, it ranked first in the sales list of the national pharmaceutical retail industry for four consecutive years.
In 2008, the company successfully introduced more than 82 million US dollars of foreign capital and established a Sino-foreign joint venture People's Pharmacy Chain Co., Ltd., which realized the internationalization of the company's management and operation and further enhanced the company's international competitiveness. In June 2009, 5438+ 10, the company spent more than 20 million yuan to successfully acquire 32 pharmacies in Xiangtan Haicheng Pharmacy, which fired the first shot to fully enter the domestic secondary market.