- Business
- Shanghai No.1 Pharmacy Co., Ltd. (600833.SS) engages primarily in the retail and wholesale of pharmaceutical products in China. The company offers Chinese and Western medicines, nutritional health products, medical equipment, Chinese herbal medicines and tablets, health convenience products, food, rehabilitation care items, contact lenses, cosmetics including brands such as LA ROCHE-POSAY, Avene, Vichy and Freeplus, and other commodities like Lei Shi Pearl Powder, Tongrentang Ejiao Powder and Wanshuntang Yangyin mouth fragrance mixture; it operates through flagship stores such as Shanghai Pharmacy Store, Coronary Pharmacy, century-old outlets including Wuzhou Pharmacy and Lao Deji Pharmacy, and subsidiaries like Shanghai Changcheng Huamei Instrument Chemical Co., Ltd.. Founded in 1992 and headquartered at No. 681 Xiaomuqiao Road, 20th Floor, Xuhui District, Shanghai, China, the company serves terminal medical institutions, pharmaceutical companies and end consumers primarily in East China, with select stores designated for medical insurance settlements and duty-free operations for departing customers. In recent developments, the company reported 2024 annual revenue of RMB1.915 billion, up 5.26% year-over-year, alongside a 2025 first-quarter business update and board resolutions; it maintains focus on store expansion, medical insurance qualifications and health sector diversification amid property expropriations in Shanghai's Huangpu District.